Stellantis has reported a record €22.3 billion net loss for the 2025 fiscal year, marking the worst result in the automaker’s history. The results reveal the high financial toll of dismantling its costly electric vehicle expansion strategy, a move that led to €25.4 billion in charges......
UGGC Avocats has elevated business lawyer Rim Tazi to partner at its Casablanca office, reinforcing the firm’s footprint in Morocco and across African markets. The appointment forms part of the continued expansion of UGGC Africa, the division coordinating the firm’s activities on the continent.......
More than 1,200 Ubisoft employees in France and Italy have concluded a three day strike launched to protest job cuts, studio closures and a mandatory return to office policy that unions say is designed to pressure workers into resigning. The walkout began on February 10 and was organized by five French......
David Ellison, chief executive of Paramount, has ramped up his campaign against Netflix's proposed acquisition of Warner Bros. Discovery by engaging directly with key European figures. He met with UK Culture Minister Lisa Nandy on Thursday and French President Emmanuel Macron earlier in the week,......
Marjane’s Board of Directors announced Mourad Alem as the company’s new president and CEO, replacing Ayoub Azami, who will assume a new role within the Al Mada Group. Alem brings over 30 years of international experience in the home appliance and equipment industry, having led regional operations......
Cosumar, Morocco’s leading sugar operator, has appointed Imad Ghammad as its new Chief Executive Officer (CEO), succeeding Hassan Mounir, who is stepping down due to health reasons. The decision was finalized during a Board of Directors meeting chaired by Hicham Belmrah. The Board expressed its......
Gentis, a global executive search and recruitment firm, has appointed Fayçal Lahlou Nabil as Executive Director for the Middle East and Africa (MEA) region. In his new role, Nabil will lead the company’s operations across the region, focusing on driving growth, strengthening client relationships,......
Airbus is seeking to deepen its presence in Morocco, citing the country's promising aerospace sector, according to the company’s Executive Vice President for International Affairs, Wouter Van Wersch. Speaking after a meeting with Moroccan officials during the 55th International Paris Air Show,......
Allianz Maroc has announced the appointment of Fahd Mokdad as its new Director General, effective May 29. This leadership change marks a significant moment for the company, which has operated in Morocco for over 70 years and, since 2016, under the global Allianz brand. Mokdad succeeds Abderrahim Dbich,......
The "Choose France" business summit this year is expected to attract €37 billion ($41.35 billion) in total investments, according to Finance Minister Eric Lombard. The event focuses on encouraging major international companies to invest in France, with €20 billion allocated to new......
Energean, a leading company in natural gas exploration and production across the Eastern Mediterranean, has officially entered the Moroccan market by securing two offshore exploration licenses in the Lixus and Rissana regions. This strategic move marks a northward shift in Energean’s operations......
Allianz Trade has announced the appointment of Philippe Dessèvre as its new Global Head of Reinsurance and CEO of Euler Hermes Reinsurance AG, effective October 1. This strategic leadership change follows the retirement of Benoît des Cressonnières, who has been with the company for......
In an era where information spreads rapidly and decisions increasingly hinge on personal experiences, online reviews have become pivotal in evaluating companies. Platforms like Glassdoor, Google, and Indeed allow employees to rate their employers and share their experiences. For businesses, these reviews......
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