Wednesday, August 27, 2025

Finance & Business

Stellantis expands presence in Morocco with acquisition of Sopriam

Stellantis has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group, starting with an immediate majority control and culminating in...

Samir Cherfan has been appointed Chairman of the Board of Directors at Sopriam

Following the Board of Directors meeting on July 22, 2024, during which Stellantis finalized the acquisition of Sopriam, a subsidiary of the Al Mada...

Chinese auto parts giant APG to invest $70 million in new Tanger factory

Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd (APG), a leading Chinese manufacturer of automotive braking and control systems, has announced plans to invest $70...

Groupe Rahal plans major expansion into Senegal by 2025

The prominent Moroccan hospitality company, Groupe Rahal, has announced its ambitious plan to establish operations in Senegal by 2025, as part of its broader...

Japan Tobacco International’s new eco-friendly factory rises in Morocco

Japan Tobacco International (JTI) has commenced the construction of its new factory at Tétouan Park within the Tanger Med industrial platform. This significant project,...

Belgian group Macan to invest 1.5 billion dirhams in Moroccan expansion

Belgian group Macan, already established in Morocco since 2015, has announced plans to invest an additional 1.5 billion dirhams over the next five years....

New era for Ritz-Carlton Rabat as Christian Fomm appointed general manager

The Ritz-Carlton Rabat, Dar Es Salam is delighted to announce the appointment of Christian Fomm as the new General Manager of the resort. With...

Riva Industries unveils 2.9 billion dirham new steel plant in El Jadida

On Friday, July 19, the Minister of Industry and Commerce, Mr. Ryad Mezzour, accompanied by several officials, made an official visit to Riva Industries'...

Barid Cash and AtlantaSanad agents association sign partnership agreement

Barid Cash and the Amicale des Agents AtlantaSanad have announced a partnership agreement aimed at the distribution of Barid Cash services through the general...

EPEGA, DXC CDG, and SBM lauded for exemplary CSR practices by CGEM

The General Confederation of Moroccan Enterprises (CGEM) has announced the awarding of its Corporate Social Responsibility (CSR) Label to EPEGA, along with the renewal...

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