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Keywords: Investment
Global consultancy firm Alvarez & Marsal (A&M) has officially opened its first office in Africa, located in Cape Town, South Africa, marking a strategic move to strengthen its presence on a continent increasingly attracting international investment. The expansion comes at a time when global......
Shares of AI infrastructure company Nebius Group rose sharply in premarket trading after investment fund Situational Awareness became the company’s largest shareholder, boosting investor confidence in the fast-growing artificial intelligence sector. The announcement attracted strong attention......
The Canadian Imperial Bank of Commerce (CIBC) reported an increase in its quarterly profit, driven mainly by strong performance in its capital markets division, according to its latest financial results released on Thursday. The bank benefited from improved activity in trading, advisory services, and......
Norwegian oil and gas companies have revised their investment expectations upward for the years 2026 and 2027, according to a recent quarterly industry survey. Despite this revision, overall spending is still projected to remain below the record levels achieved in 2025. The survey shows that the country’s......
Bank of America expects its trading revenue to increase by about 15% in the second quarter compared with the same period last year, according to CEO Brian Moynihan. The projection reflects improved performance in global financial markets following a period of heightened volatility last year, when markets......
Moroccan mining group Managem has signed a binding agreement to purchase 100% of Sound Energy Meridja Limited (SEML), the vehicle through which UK-listed Sound Energy Plc held its residual 20% interest in the Tendrara gas concession in eastern Morocco. The $57 million deal marks Sound Energy's complete......
Chinese medical technology company Jiangsu Aishelun Medical Technology Group has begun construction of its first manufacturing facility on the African continent, located at Mohammed VI Tanger Tech City in northern Morocco. The project is being developed through the company's Moroccan subsidiary,......
A Brazilian trade mission composed of six companies from different economic sectors is scheduled to visit Morocco from June 10 to 13 in an effort to explore new business opportunities and strengthen bilateral partnerships between the two countries. The initiative is being organized by the Arab-Brazilian......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......