Lesieur Cristal chooses Buildings & Logistic Services as its new logistics partner
The Lesieur Cristal group has announced a new partnership with Buildings & Logistic Services (BLS) for third-party logistics (3PL) management of 12,000 pallet positions at its new Tit Mellil facility. BLS successfully secured the...
Retail Holding pursues growth with bold strategy amid economic challenges
In the midst of a fluctuating global economy, Morocco’s Retail Holding is betting on a strategy of diversification and geographical expansion to thrive. Despite facing obstacles like inflation, high tariffs, and soaring material costs...
BANK OF AFRICA unveils “Cap Hospitality” to boost Morocco’s tourism sector
As a key partner in Morocco's national economic strategy, BANK OF AFRICA (BOA) is actively driving investment in the country by contributing to the modernization of the hotel sector. Through its new financial product,...
Salon de l’Occasion 2024: A hub for Morocco’s expanding used car market
The third edition of the Salon de l'Occasion, organized by Autonews magazine under the supervision of the Ministry of Industry and Commerce, kicked off today at Anfa Park, promising an exciting experience for used...
Saga Communication partners with Edvantis Group to nurture future creative talents
Saga Communication has entered into a strategic partnership with Edvantis Group, a leading private higher education institution in Morocco, to identify, train, and support the next generation of creative communication professionals. This collaboration comes...
Alliances Residences unveils second phase of Jnane Riad project in Marrakech
Following the success of its first phase, Alliances Residences has announced the launch of the second phase of its residential project, Jnane Riad, located in Marrakech. The project continues to attract attention thanks to...
Glovo Maroc inaugurates new Casablanca headquarters
Glovo Maroc, the on-demand delivery platform, has marked a significant milestone with the inauguration of its new headquarters in Casablanca. The event, attended by Oscar Pierre, Glovo's CEO and co-founder, along with key platform...
Al Mada Venture Cap seeks stake in U.S. startup YolaFresh USA Inc.
The Moroccan Competition Council has received notification regarding the acquisition of a stake in YolaFresh USA Inc. by Al Mada Venture Cap. YolaFresh, a U.S.-based startup with operations in Morocco, specializes in optimizing the...
Moody’s reaffirms Crédit du Maroc’s ‘Ba2’ rating with stable outlook
Moody’s has maintained Crédit du Maroc’s long-term deposit rating at "Ba2" and confirmed its "stable" outlook, according to the latest credit report. The rating agency highlighted the bank’s key strengths, including its "strong capitalization,...
Morocco secures major legal victory in international arbitration against Finetis
Morocco celebrated a significant legal victory at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank-affiliated arbitration body. After three years of proceedings, Morocco prevailed against the French group Finetis, known...