Keywords: Expansion
Polish fashion group LPP, owner of brands such as Reserved and Sinsay, reported mixed first-quarter results as strong profitability was offset by weaker sales performance in its key growth segment. The company said that its Sinsay brand, which plays a central role in its international expansion strategy,......
Chinese battery giant CATL has announced a new partnership with Turkish electric vehicle manufacturer Togg to co-develop cars based on its Panshi EV chassis, marking the company’s first overseas deployment of its EV platform. According to a company statement, the collaboration will focus on the......
An international consortium of more than 60 researchers has identified 1,785 previously unknown microproteins embedded in segments of human DNA long assumed to be functionally inert. The discovery, published Wednesday in the journal Nature, could expand the known human proteome by nearly 10 percent,......
Aleph Hospitality, a leading independent hotel management company operating across the Middle East and Africa, has announced the opening of a new regional office in Casablanca as part of its ongoing expansion strategy in North Africa. The company has appointed Abdellah Essonni as Vice President for......
The Strait of Hormuz closure blocks 20% of global oil and comparable liquefied natural gas flows, sparking the modern era's largest energy disruption. Asian governments ration fuels, revive coal power, and fast-track nuclear plans. Western oil majors post surging profits as supplies dwindle. The......
UnionPay International has officially obtained Casablanca Finance City status for its Morocco branch, formally establishing the country as the Chinese payment network's regional headquarters for financial services across Africa. The company confirmed the designation in a press release issued Tuesday,......
Major technology companies are scaling up spending on artificial intelligence infrastructure to unprecedented levels, with combined capital expenditure plans nearing $725 billion for 2026. The surge follows quarterly earnings reports released on April 29 by Alphabet, Amazon, Meta and Microsoft, all of......
French pay-TV group Canal+ has announced plans to list on the Johannesburg Stock Exchange on June 3, marking a historic step as the first French company to join the South African market. The move follows its acquisition of MultiChoice Group, reinforcing its long-term commitment to expanding its footprint......
LVMH chief executive Bernard Arnault has warned of severe global economic consequences if the conflict in the Middle East continues, as the luxury group faces a sharp slowdown in one of its fastest-growing regions. His remarks come as the company expands its retail presence in Dubai while confronting......
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