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Keywords: Business


Dockworkers Strike Paralyzes Montreal Port: A Call for Essential Service Designation

In a significant disruption to operations, the Port of Montreal has come to a standstill due to a 24-hour strike by dockworkers. Nearly a thousand workers across four terminals participated in the strike, which aims to expedite negotiations for a new collective agreement, as stated by the Montreal Dockworkers......

IFC Injects $37 Million to Modernize Morocco's Logistics Infrastructure

In a significant move to strengthen Morocco's logistics sector, the International Finance Corporation (IFC) has announced a $37 million investment in Building Logistics Services (BLS), a key logistics operator in the North African nation. The agreement, signed during the International Monetary Fund......

Women-Led SMEs Take Center Stage at ECA's North African Economic Forum

The Economic Commission for Africa (ECA) has concluded a significant policy dialogue in Rabat, Morocco, focusing on empowering women-led small and medium enterprises (SMEs) across North Africa. The two-day high-level meeting marked the culmination of a comprehensive two-year initiative aimed at strengthening......

Spanish Dairy Company Chooses Morocco to Boost International Sales

In a strategic move to expand its global presence, Spanish dairy company Pascual has identified Morocco as a key market for increasing its international sales. Currently exporting to 52 countries, the firm aims to boost its foreign revenue from €57 million to €100 million. Recent reports indicate......

Microsoft Unveils New Autonomous AI Agents to Enhance Business Operations

In a strategic move to bolster its position in the competitive landscape of artificial intelligence, Microsoft announced plans to launch customizable autonomous AI agents next month. This initiative aims to empower businesses to create their own AI solutions, marking a significant advancement in the......

Bridging Economies: Quebec and Morocco Forge New Paths for Collaboration

MONTRÉAL, October 21, 2024, In a significant move to bolster economic ties, the Council of Employers of Quebec (CPQ) and the General Confederation of Moroccan Enterprises (CGEM) have launched a week-long initiative welcoming a delegation of Moroccan entrepreneurs to Quebec. This visit aims to......

Morocco Braces for Surge in Business Insolvencies: Economic Challenges Ahead

The Moroccan business landscape is set to face significant challenges in the coming years, according to a recent global report by Allianz Trade. The study, titled "Global Insolvency Outlook: The ebb and flow of the insolvency wave," predicts a substantial increase in business insolvencies across......

Moroccan Startups Face Uphill Battle: Only Half Survive Beyond 5 Years

Morocco's business landscape is facing significant challenges, as revealed by a recent joint report from the World Bank and the Moroccan Observatory of Very Small, Small, and Medium Enterprises. The study, titled "Unleashing the Potential of the Moroccan Private Sector: An Analysis of Business......

City Club Tycoon's Legal Woes Deepen Amid Drug Allegations and Business Scandal

In a startling turn of events, Jonathan Harroch, the owner of the prominent Moroccan gym chain City Club, finds himself at the center of a complex legal and public relations storm. Harroch's police custody has been extended until October 15, potentially lasting up to 72 hours, as authorities delve......

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