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Business
The U.S. International Development Finance Corporation (DFC) is set to establish a new office in Rabat, Morocco, in December 2024, marking a significant step in enhancing economic collaboration between the United States and Morocco. This initiative aligns with a broader strategy announced during a tripartite......
African transport and logistics sectors marked a significant milestone as LOGITERR 2024 launched in Tangier, Morocco, bringing together key stakeholders to address the continent's evolving mobility needs. The four-day international exhibition, running from October 22-25, represents a collaborative......
U.S. investment powerhouse Lowercarbon Capital is making significant inroads into France's cleantech landscape, with its latest investment spotlighting the fund's growing interest in European green innovation. The Wyoming-based firm, founded in 2018 by Chris and Crystal Sacca, has just added......
A delegation of 12 British companies is set to visit Morocco from October 15-17, 2024, exploring potential partnerships as the North African nation gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal. This initiative, announced by John Humphrey, the UK Trade Commissioner for Africa,......
Specialty MGA Africa & Middle East has made its first foray into North Africa with the opening of a new office in Casablanca, Morocco. This strategic move comes after receiving approval from Morocco's Minister of Finance, marking a significant step in the company's regional expansion plans. The......
In a significant development for Morocco's transportation infrastructure, Spanish engineering firm Ineco has been awarded a substantial contract to conduct feasibility studies and preliminary project designs for the urban railway service connecting Tangier and Tetouan. This contract marks a pivotal......
Les Eaux Minérales d'Oulmès, Morocco's leading producer and distributor of bottled water, has announced a groundbreaking partnership with IE University in Madrid, Spain. This collaboration aims to enhance the skills of the company's executive leadership through a tailored program......
Cristiano Ronaldo, the renowned Portuguese football star currently playing for Saudi Arabian club Al-Nasr, has announced job openings at his luxury hotel located in Madrid, Spain. This initiative presents an exceptional opportunity for individuals seeking employment across various roles within the hospitality......
Former President Donald Trump has ventured into the world of luxury timepieces, promoting a collection of watches branded with his name. This latest business endeavor, amidst his ongoing campaign for the White House, has sparked curiosity and criticism alike. In a post on Truth Social, Trump enthusiastically......
In a shocking turn of events, the head of the Al-Khair Group, a prominent figure in Morocco's business landscape, has been detained on allegations of orchestrating a massive pyramid scheme that has left over 100 individuals financially devastated. This scandal has sent ripples of concern throughout......
In a significant initiative aimed at fostering innovation and growth, Glovo, the on-demand delivery service, has invited eight representatives from promising Moroccan startups to its headquarters in Barcelona for an immersive experience. This program, known as the Glovo Startup Lab, is supported by the......
In a strategic move that underscores its commitment to the North African hospitality market, Pickalbatros, Egypt's leading hotel and tourism group, has announced the acquisition of four prestigious hotels in Morocco. This expansion marks a significant milestone in the company's growth trajectory......
The Spanish company Conterol, a renowned provider of industrial control equipment, has made a significant move by establishing its Moroccan subsidiary, aptly named "Conterol Maroc." This strategic expansion aims to solidify the company's presence in the North African market, particularly......