Business
Tangier Med Engineering, the engineering division of the Tangier Med Group, has established a strategic partnership with the Liberian government to improve the nation’s port infrastructure, marking a significant step in the expansion of Moroccan expertise across Africa. This collaboration is part......
Lesieur Cristal, a key player in Morocco’s agribusiness sector, has made two senior leadership changes as part of its efforts to reinforce corporate governance and drive sustainable growth. Yasmine Tabet-Derraz has been appointed Secretary General, replacing Sophie Gavard-Benjelloun. She......
Hunt Oil Company, a prominent American oil and gas operator, has officially launched its Moroccan subsidiary, Hunt Oil Company Morocco, marking the company's entry into the Kingdom’s energy sector. This move is aimed at exploring and potentially exploiting hydrocarbon resources, pending approval......
Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......
A new chapter unfolds for Fairmont La Marina Rabat-Salé with the arrival of Swiss hospitality veteran Yves Mudry as general manager. Inaugurated in 2022 on the banks of the Bouregreg River, this luxury establishment welcomes the seasoned professional who brings over two decades of international......
A Finnish diplomatic team, led by Minister of Foreign Trade and Development, Ville Tavio, visited the Tangier Med Port, a growing global logistics hub, two days ago. The delegation was joined by Finland’s Ambassador to Morocco, marjaana Sall, who met with port officials to explore the port’s......
Young Palestinian entrepreneurs benefiting from the Bayt Mal Al-Qods Acharif project incubation program for innovation and creativity expressed their deep gratitude for the unwavering support of His Majesty King Mohammed VI, President of the Al-Qods Committee, towards the Palestinian people. These young......
Marouane Abdelati has been appointed as the President of the Management Board of MEDZ and the Deputy CEO of CDG Développement, marking a significant advancement in his career. Caisse de Dépôt et de Gestion (CDG), Morocco’s state-owned institutional investor, oversees MEDZ, which......
The annual conference of the International Bar Association (IBA), which unites over 80,000 lawyers from leading law firms worldwide, commenced in Marrakech under the theme "Labor Law and Diversity." This significant event is organized by the IBA's Committee on Labor Law and Industrial Relations,......
A high-level Moroccan delegation participated for the first time in EXPOCOMER 2025, a major commercial event for Central America and the Caribbean, held in Panama City from March 25 to 27. The event brought together over 800 exhibitors from 30 countries, focusing on strengthening economic relations between......
Falcon Energy Materials, a Canadian company, has successfully completed a non-brokered private placement, raising CAD 6.52 million (approximately MAD 47.6 million). Initially, the placement was intended to issue 10 million units, but it resulted in the issuance of 10,874,832 units priced at CAD 0.60......
Royal Air Maroc and China Southern Airlines signed a memorandum of understanding (MoU) to enhance connectivity between Africa and China, aiming to meet the increasing demand for travel between these regions. Through this agreement, both airlines will expand their interline cooperation and establish......
Granal, a key player in the quarrying industry and a subsidiary of Africorp Mining, is advancing its development with the entry of Red Med Private Equity (RMPE) into its capital. This strategic partnership sees the investment of RMPE's Colombus 1 fund, acquiring a 20% stake in Granal. This move will......
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