Keywords: Business
The Moroccan business sector is experiencing significant turbulence as an estimated 40,000 businesses are expected to close their doors by the end of 2024, according to recent reports from the Moroccan Confederation of SMEs (CMTPME). This dramatic increase in business closures highlights the ongoing......
A judge has scheduled the sentencing of U.S. President-elect Donald Trump in the hush money case for January 10, just days before his inauguration. This decision comes after Trump’s conviction in May for falsifying business records—34 counts stemming from alleged attempts to conceal a $130,000......
In 2024, Morocco witnessed a significant surge in new business formations, with 78,244 enterprises established by the end of October, according to the Moroccan Office for Industrial and Commercial Property (OMPIC). This data highlights a promising entrepreneurial environment in the country, reflecting......
In the first ten months of 2024, Morocco's business landscape presents a complex picture of growth and challenges as the nation recorded 78,244 new business registrations, according to recent data from the Moroccan Office of Industrial and Commercial Property (OMPIC). This surge in entrepreneurship,......
Montreal-based Aya Gold & Silver Inc. has marked a significant achievement by reaching commercial production at its expanded Zgounder silver mine in Morocco, while announcing plans for an additional $50 million investment in the country. The company's new processing plant, which began construction......
Morocco's Head of Government Aziz Akhannouch and banking magnate Othman Benjelloun maintain their positions among global billionaires, according to Forbes' latest rankings. Akhannouch's net worth stands at $1.6 billion, securing the 1999th position globally and 14th in Africa, while Benjelloun......
Ghana has announced a significant policy change that will allow Moroccan nationals to enter the country without obtaining a visa, effective January 1, 2025. The decision, announced by authorities in Accra, marks a substantial shift in Ghana's immigration policy and aims to strengthen economic ties......
Atlas Metals Group has announced the termination of its planned acquisition of Compagnie Minière de Oumejrane (CMO), a Moroccan mining subsidiary owned by Managem. The cancellation comes after the company failed to secure the necessary funding of MAD 183 million from institutional investors within......
The proportion of women-led businesses in Morocco remains stagnant at 15%, according to recent findings from the Moroccan Observatory of Very Small, Small, and Medium Enterprises (OMTPME). This figure has shown no improvement since 2020, highlighting persistent gender disparities in the nation's......
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