Keywords: Expansion
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......
Sonasid, Morocco’s leading steel manufacturer, has announced a remarkable net profit of MAD 151 million ($15.1 million) for the fiscal year 2024, representing a substantial 91% increase compared to the previous year. This impressive performance marks the best results the company has achieved since......
Morocco's National Airports Office (ONDA) announces leadership changes at Nador El Aroui and Agadir Al Massira airports as part of its ambitious “Airports 2030” strategy. The new appointments aim to strengthen management and efficiency at these vital transport hubs. Adel El Fakir, ONDA......
FIFA is contemplating a significant expansion of the 2030 World Cup, potentially increasing the number of participating teams to 64. This move aims to commemorate the centennial of the tournament, as reported by The New York Times. During a recent video conference, FIFA President Gianni Infantino expressed......
The satellite telecommunications giant Starlink, owned by Elon Musk, is in advanced discussions with Moroccan authorities to deploy its network in the Moroccan Sahara. This initiative aligns with the broader modernization of the Kingdom's digital infrastructure and has the potential to transform......
The World Bank has reaffirmed its commitment to supporting Morocco in its preparations for hosting the 2030 FIFA World Cup. Ousmane Dione, the institution’s vice president for the Middle East and North Africa, made this declaration during a meeting on Wednesday with Fouzi Lekjaa, Morocco’s......
Apple has announced its largest-ever investment initiative, pledging to inject over $500 billion into the United States economy over the next four years. The tech giant also plans to create 20,000 new jobs as part of this ambitious strategy, which has drawn swift praise from U.S. President Donald Trump. In......
Royal Air Maroc is set to significantly expand its Brazilian operations, planning to double its weekly São Paulo-Casablanca flights and launch new services to Rio de Janeiro by early 2026. The airline's Brazil Director-General Othman Baba announced these plans during a visit to the Arab-Brazilian......
Morocco's National Airports Office (ONDA) has launched "Airports 2030," a comprehensive strategy aimed at modernizing the nation's airport infrastructure and elevating customer experience to international standards. The initiative, announced following Royal Instructions issued during......
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