Keywords: Expansion
British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......
Global data center demand is experiencing unprecedented growth, with hyperscalers now operating 1,189 large facilities worldwide. These tech giants account for 44% of the global data center capacity, while on-premises solutions have declined to just one-third of the total market. This surge in demand......
Morocco’s industrial landscape demonstrated strong growth in the second quarter of 2025, with overall industrial output rising 7% year-on-year, according to the High Commission for Planning (HCP). This performance underscores robust expansion in manufacturing, mining, and energy sectors, buoyed......
Buildings & Logistics Services (BLS), a subsidiary of H&S Invest Holding chaired by Moncef Belkhayat, has signed a groundbreaking MAD 120 million ($12 million) contract with Varun Beverages Morocco, the exclusive franchisee and producer of PepsiCo brands in the country. The agreement marks the......
The National Railways Office (ONCF) and the Ministry of Transport and Logistics inaugurated the new Taza railway station, a $5 million project designed to expand Morocco’s rail network and enhance regional connectivity. The development is part of a broader national effort to modernize infrastructure......
China's unprecedented investment in renewable energy is driving a global shift that could significantly curtail fossil fuel consumption by 2030, according to a new analysis by the clean energy think tank Ember. Once a major driver of global fossil fuel demand, China's transformation into a clean......
Russian President Vladimir Putin issued a stern warning on Friday, declaring that any Western troops deployed in Ukraine would be considered "legitimate targets" for Russian forces. His remarks came as a direct challenge to an emerging international coalition that plans to provide security......
Swedish packaging company Boxon has announced its expansion into Morocco with the launch of a new office and warehouse. The move is aimed at enhancing the company’s local presence and supporting the rapid growth of the region’s automotive sector. In a statement released on September 2, Boxon......
TCE has officially opened its inaugural African office at Casablanca Mohammed V Airport (CMN), marking a pivotal milestone in the company’s global expansion strategy. This move aligns with Morocco’s ambitious “Airports 2030” plan, which envisions transforming the country into......
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