Advertising

Business


Morocco joins US program to manufacture F-16 fighter jets

Morocco is set to advance its defense capabilities significantly through a strategic partnership with the United States that will allow the North African country to produce F-16 fighter jet components. According to a document published in the US Federal Register on April 29, Morocco has officially joined......

Swiss hotel expert takes charge at Fairmont La Marina Rabat-Salé

A new chapter unfolds for Fairmont La Marina Rabat-Salé with the arrival of Swiss hospitality veteran Yves Mudry as general manager. Inaugurated in 2022 on the banks of the Bouregreg River, this luxury establishment welcomes the seasoned professional who brings over two decades of international......

Finnish delegation explores Tangier Med Port's strategic role in global trade

A Finnish diplomatic team, led by Minister of Foreign Trade and Development, Ville Tavio, visited the Tangier Med Port, a growing global logistics hub, two days ago. The delegation was joined by Finland’s Ambassador to Morocco, marjaana Sall, who met with port officials to explore the port’s......

Volkswagen's profit drops amid trade tensions and increased tariffs

Volkswagen's net profit for the first quarter of the year decreased by 40.6 percent, dropping to €2.19 billion ($2.49 billion). Despite this, the company saw a 3 percent increase in revenue, which reached €77.56 billion. The 10-brand conglomerate, which includes Audi, Skoda, and Porsche,......

AstraZeneca Shifts Production to US amid Tariff Concerns

AstraZeneca is relocating part of its manufacturing operations to the United States in response to the potential imposition of tariffs on pharmaceutical imports. Chief Executive Pascal Soriot reaffirmed the company’s strong commitment to expanding in the U.S., noting a 30% increase in first-quarter......

Entrepreneurs appreciate the ongoing support of His Majesty King Mohammed VI for the Palestinian people

Young Palestinian entrepreneurs benefiting from the Bayt Mal Al-Qods Acharif project incubation program for innovation and creativity expressed their deep gratitude for the unwavering support of His Majesty King Mohammed VI, President of the Al-Qods Committee, towards the Palestinian people. These young......

Marouane Abdelati steps into leadership role at MEDZ as deputy CEO of CDG Développement

Marouane Abdelati has been appointed as the President of the Management Board of MEDZ and the Deputy CEO of CDG Développement, marking a significant advancement in his career. Caisse de Dépôt et de Gestion (CDG), Morocco’s state-owned institutional investor, oversees MEDZ, which......

Allianz Trade appoints Philippe Dessèvre as global head of reinsurance

Allianz Trade has announced the appointment of Philippe Dessèvre as its new Global Head of Reinsurance and CEO of Euler Hermes Reinsurance AG, effective October 1. This strategic leadership change follows the retirement of Benoît des Cressonnières, who has been with the company for......

International Bar Association conference opens in Marrakech to discuss labor law and diversity

The annual conference of the International Bar Association (IBA), which unites over 80,000 lawyers from leading law firms worldwide, commenced in Marrakech under the theme "Labor Law and Diversity." This significant event is organized by the IBA's Committee on Labor Law and Industrial Relations,......

Strengthening Morocco's Economic Ties with Central America at Expocomer 2025

A high-level Moroccan delegation participated for the first time in EXPOCOMER 2025, a major commercial event for Central America and the Caribbean, held in Panama City from March 25 to 27. The event brought together over 800 exhibitors from 30 countries, focusing on strengthening economic relations between......

Travelodge anticipates growth despite slow start to 2025

Travelodge, the budget hotel chain operating over 600 locations across the UK, Ireland, and Spain, has reported a modest increase in annual sales as consumers continue to prioritize experiential spending. However, the start of 2025 has been sluggish, even with a boost from major events like the Six Nations......

The impact of online reviews on employer branding: a key to attracting talent

In an era where information spreads rapidly and decisions increasingly hinge on personal experiences, online reviews have become pivotal in evaluating companies. Platforms like Glassdoor, Google, and Indeed allow employees to rate their employers and share their experiences. For businesses, these reviews......

Falcon Energy Materials raises CAD 6.52 million to support projects in Morocco and Guinea

Falcon Energy Materials, a Canadian company, has successfully completed a non-brokered private placement, raising CAD 6.52 million (approximately MAD 47.6 million). Initially, the placement was intended to issue 10 million units, but it resulted in the issuance of 10,874,832 units priced at CAD 0.60......