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Keywords: Corporate governance
Dubai-based port operator DP World faces increasing scrutiny after recent documents linked to Jeffrey Epstein raised questions about the company’s CEO, Sultan Ahmad ben Sulayem. Following the release of the records late January, both the British International Investment (BII) and Canada’s......
Japanese automaker Toyota, the world’s largest vehicle manufacturer by sales, has announced a change at the top of its management aimed at streamlining leadership and responding more effectively to a rapidly evolving global environment. The company confirmed that its current chief financial officer......
Gerry Cardinale, founder of RedBird Capital Partners, has sharply criticized the Warner Bros. Discovery board following its rejection of Paramount’s $108.4 billion bid. Cardinale accused the board of distorting the facts surrounding the financial structure of the offer, calling its statements “a......
Japan’s mergers and acquisitions market is closing in on a historic $350 billion in deals, marking one of its most active years in decades as corporate reforms, shareholder pressure, and strategic overseas investments accelerate. The surge comes amid structural shifts in Japan’s economy......
The General Confederation of Moroccan Enterprises (CGEM) has released the findings of its third Barometer of Responsible Governance, highlighting significant progress in corporate governance among Moroccan publicly listed companies. The announcement, made in Casablanca under the leadership of CGEM Vice......
Jonathan Harroch, CEO of Morocco's City Club gym franchise, appeared before the Ain Sebaa Court of First Instance in Casablanca on Wednesday to address allegations of issuing checks without sufficient funds. The hearing required Harroch's temporary transfer from Ain Sebaa prison, where he is......
Marsa Maroc, a prominent Moroccan port operator, has achieved significant financial success in the first half of 2024, with revenue increasing by 17% to 2.48 billion Moroccan dirhams (about $247 million USD). This performance exceeded initial projections and was fueled by a 14.5% rise in cargo traffic,......
In an unprecedented move, Elon Musk's colossal compensation package, valued at a staggering $56 billion, has become a subject of intense scrutiny. The saga, which began in 2018 when Tesla's board approved the lucrative deal, took a dramatic turn when a U.S. court annulled the compensation plan......