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Morocco’s forsa program under scrutiny for implementation challenges

Morocco’s ambitious Forsa entrepreneurship program, launched in 2022 with a budget exceeding MAD 1.25 billion ($138.28 million), has come under fire for significant implementation issues, raising doubts about its effectiveness in supporting young entrepreneurs. Intended to provide interest-free......

Exploring legal alternatives to Spain's Beckham Law tax regime

Spain’s Beckham Law, offering a flat 24 percent tax rate for eligible foreigners, has long attracted international professionals and investors. However, recent scrutiny and legal challenges have led many to explore other legitimate tax-saving options. Here’s a look at some of the alternatives......

Moroccan entrepreneur Asmaa Gacem rescues Italian football club AC Prato from collapse

Moroccan-Italian business leader Asmaa Gacem has officially taken full control of Italian football club AC Prato, acquiring 100% of its shares from Humanativa Group through her Florence-based holding company Finres SpA. The €800,000 deal transfers not just ownership but also full financial responsibility.......

ESCA business school earns prestigious AMBA international accreditation

ESCA Ecole, a leading Moroccan business school, has been awarded the internationally recognized AMBA (Association of MBAs) accreditation, marking a significant milestone in its academic journey. The accreditation applies to postgraduate programs such as MBAs and DBAs and is valid for a maximum of five......

OCP strengthens operations with acquisition of PwC subsidiary

Moroccan phosphate giant OCP SA has acquired PwC Business Services, a subsidiary of PwC Advisory Morocco, in a move that cements their long-standing collaboration. The transaction allows OCP to internalize administrative and financial support functions previously managed by the subsidiary. PwC Business......

Morocco and China Eastern Airlines partner to boost tourism ties

The Moroccan National Tourist Office (ONMT) and China Eastern Airlines have signed a strategic agreement in Rabat to bolster Morocco’s appeal within the Chinese market. This partnership aims to attract one million Chinese tourists by 2030, reinforcing Morocco's position as a leading global......

Rabat Business School and AXA Services Maroc forge partnership to advance youth employability

Rabat Business School (RBS), a leading institution within the International University of Rabat (UIR), has joined forces with AXA Services Maroc to bridge the gap between academia and the labor market, fostering employability for young Moroccan graduates. The partnership was formalized during a recent......

Strengthening business responsibility for human rights in Arab-African cooperation

The Interministerial Delegation for Human Rights (DIDH) shared the outcomes of the Arab-African Forum on Business and Human Rights held in Marrakech on June 24-25. This took place during a high-level panel in Geneva, alongside the 59th session of the Human Rights Council. Mohamed El Habib Belkouch,......

Fez-Meknes secures vice-presidency in African-Francophone business alliance

Hamza Benabdellah, president of the Fez-Meknes Chamber of Commerce, Industry and Services (CCIS), has been elected vice-president of the Permanent Conference of African and Francophone Consular Chambers (CPCCAF). The announcement came during the organization’s 49th General Assembly, held in Fez,......