Finance & Business

Stellantis employee share offer approved by Moroccan Capital Market Authority

It’s official! The Moroccan Capital Market Authority (AMMC) has validated the preliminary prospectus for Stellantis' capital increase, specifically reserved for the group’s employees. This announcement was made on Tuesday, confirming the issuance of up...

Ryanair expands with new base in Tangier

Ryanair, the low-cost airline, continues its expansion with the inauguration of a new base in Tangier this Tuesday, in partnership with the Moroccan National Tourist Office (ONMT). The event was marked by a ceremony led...

Veolia finalizes agreement to sell Lydec stake to SRM Casablanca-Settat

As previously reported, Veolia, the majority shareholder of Lydec, has reached an agreement to sell its stake in Lydec to Société Régionale Multiservices (SRM) Casablanca-Settat. In a recent announcement, Lydec informed the public and its...

AFMA embraces digital HR transformation with AGIRH

AFMA, a leader in insurance brokerage and consultancy, has taken a significant step forward in its innovation journey by digitalizing its human resources management through the AGIRH solution. This strategic partnership with the HR...

Saudi firm “EdfaPay” expands into Morocco with new fintech license !

Marking a significant milestone in its international expansion, Saudi Arabian fintech company EdfaPay has obtained a license to operate in Morocco. Innovative payment solutions for Morocco EdfaPay plans to introduce its innovative payment solutions, such as...

Marsa Maroc increases stake to 100% in “Société de Manutention d’Agadir”

As part of its strategic objectives to enhance the competitiveness of its service offerings for economic operators, Marsa Maroc has announced an increase in its stake in its subsidiary, Société de Manutention d’Agadir, from...

“Sentury Tire” opted for Morocco over Spain amid bureaucratic delays

The Spanish press has expressed frustration over the administrative delays that led Chinese tire giant Sentury Tire to abandon its plans in Spain in favor of Morocco. After bypassing the Iberian Peninsula, Sentury Tire...

Employer branding: The key to attracting top talent

Finding the ideal company is a challenge for both young professionals and experienced workers. This is the key takeaway from a unique survey conducted by WAT Maroc (We Are Together), an agency specializing in...

Cannabis: Moroccan medical firm “Promamec” enters German CBD sector

Moroccan medical device company Promamec has acquired a 51% stake in two German companies, NGPH and MyHerbliz, which specialize in cannabidiol (CBD) products. The remaining shares are retained by their historical shareholder, New Garden...

Holmarcom Group acquires majority stake in seafood processor “Scandimar”

As part of its growth strategy in the agro-industrial sector, Holmarcom Group has acquired 60% of the capital of Scandimar, a company specializing in seafood processing and the production of ready-made meals. This acquisition...

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