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Gender Gap Persists in Morocco's Business Landscape as Women Head 15% of Firms

The proportion of women-led businesses in Morocco remains stagnant at 15%, according to recent findings from the Moroccan Observatory of Very Small, Small, and Medium Enterprises (OMTPME). This figure has shown no improvement since 2020, highlighting persistent gender disparities in the nation's......

Electroplanet Wins Customer Service of the Year Morocco 2025 for Sixth Consecutive Year

For the sixth consecutive year, Electroplanet, Morocco's leading appliance retailer, has been awarded Customer Service of the Year Morocco 2025 in the category of Specialized Distribution of Home Appliances and Technology Products. This prestigious recognition, presented in Casablanca during the......

Mango Founder Isak Andic Tragically Dies in Hiking Accident at 71

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 Appoints Abdelhak Khadraoui as General Manager

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......

Morocco Secures Key Role in Global Insurance Leadership

Morocco Achieves Major Milestone with Vice-Presidency of GFIA Morocco has achieved a landmark in the global insurance sector, with Bachir Baddou’s election as Vice President of the Global Federation of Insurance Associations (GFIA). The election, held during the GFIA General Assembly in Cape Town......

Ecoprogetti Expands PV Production Capacity in Morocco to 1 GW

Italian manufacturer Ecoprogetti has significantly expanded its photovoltaic (PV) production capabilities, doubling the capacity of its production line in Al Hoceima, Morocco, from 500 MW to 1 GW. This move establishes the facility as the largest solar module plant in both Morocco and North Africa, as......

Nomura Bank CEO Voluntarily Reduces Pay Following Employee Misconduct Incident

The CEO of Japan's largest investment bank, Nomura, has taken a significant step to address the fallout from a serious incident involving a former employee. Kentaro Okuda, who has been at the helm of Nomura since 2020, announced a voluntary 30% reduction in his salary over the next three months.......

Glovo Shifts Employment Model, Plans to Hire 60,000 Delivery Workers in Spain

In a landmark shift, Spanish delivery platform Glovo has announced plans to hire its delivery workers directly, moving away from its previous model of using self-employed riders. This significant decision, revealed on Monday, will impact Glovo’s operations across over 900 cities in Spain and apply......

 Akdital’s Expansion Drives Revenue to 2 Billion Dirhams by September 2024  

Akdital has achieved remarkable growth, reporting revenues of 2 billion dirhams by the end of September 2024, reflecting a 52% increase in turnover. This achievement is primarily attributed to the group's strategic expansion of its national network. A key milestone in this expansion was the opening......

McDonald’s Strengthens Value Menu to Attract Budget-Conscious Customers

In an effort to address rising competition and attract cost-conscious diners, McDonald’s is set to expand its U.S. value menu early next year. This move aims to appeal to customers affected by inflation and shifting dining habits.  Starting January 7, McDonald’s will introduce a new......

Strengthening Global Connectivity: A Strategic Partnership Between Airlines

The recent collaboration between two major airlines marks a significant milestone in global aviation, creating new opportunities for passengers traveling between Africa and South America. This partnership establishes a code-sharing agreement that enhances connectivity, simplifies travel, and opens doors......

 Delta CEO Praises Potential Regulatory Shift Under New Administration

Delta Air Lines CEO, Ed Bastian, recently expressed optimism about the regulatory approach of the incoming administration, describing it as a potential "breath of fresh air" for the airline industry. Speaking to reporters ahead of Delta's annual investor event, Bastian highlighted the promises......

Spanish Furniture Company Martínez Otero to Launch New Manufacturing Facility in Benslimane, Morocco

Martínez Otero, a renowned Spanish furniture company, is set to launch a new production facility in the province of Benslimane, Morocco. This expansion represents a significant investment, totaling €2.2 million. The move highlights the growing interest in Morocco's booming construction......