Keywords: Industry
Isak Andic, the 71-year-old founder of the global fashion chain Mango, died on Saturday following a hiking accident in Spain, the company announced in a press release. Andic reportedly slipped and fell 150 meters from a cliff while hiking with family near the Montserrat caves in Barcelona. Emergency......
Global Chinese Motors has announced the appointment of Moroccan Abdelhak Khadraoui as the new General Manager of the company. Khadraoui's extensive experience in the automotive industry is expected to drive the Bugshan Automotive Group subsidiary to new heights. This leadership change follows a successful......
Lockheed Martin has significantly strengthened its presence in Morocco as part of its ongoing efforts to boost defense partnerships in the North African region. This year marks a milestone for the company, celebrating 50 years of collaboration with Morocco, beginning with the delivery of the first C-130H......
Africa’s automotive industry is poised for transformation as Morocco, the Democratic Republic of Congo (DRC), and Zambia collaborate on a pioneering electric mobility initiative. This regional effort, aimed at developing a robust electric vehicle (EV) value chain, was launched in Lusaka, Zambia,......
OCP Group, a leading Moroccan phosphate producer, is making strategic moves to expand its influence in the global animal feed sector. The company has submitted a proposal to Morocco's Competition Council to acquire a 75% stake in Spain’s Global Feed SLU, enhancing its control over the Spanish......
Morocco has welcomed 15.9 million tourists in the first 11 months of 2024, marking an impressive 20% growth compared to the same period in 2023. This surge brought an additional 2.6 million visitors, according to the Ministry of Tourism, Handicrafts, and Social and Solidarity Economy. The increase is......
India's Tata Group has secured a significant second contract to supply "LPTA 2445 Defence Dump Trucks" to the Royal Moroccan Army (FAR), marking a milestone in the growing defense collaboration between India and Morocco. This new agreement follows the previous delivery of 90 trucks configured......
Morocco’s tourism industry has reached an unprecedented milestone, with 15.9 million tourist arrivals by the end of November 2024, as announced by the Ministry of Tourism. This remarkable achievement represents a 20% growth compared to the same period in 2023, adding an impressive 2.6 million more......
Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......
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