TGCC secures major contract for Hay Riad’s future underground parking in Rabat
The Moroccan construction giant TGCC, a public-listed company, has just landed a significant urban infrastructure contract: building the much-anticipated underground parking facility in the Hay Riad district of Rabat. This project, awarded through a...
Saham-Société Générale merger gets final approval
On Thursday, October 31, 2024, the Credit Institutions Committee met to review the long-awaited Saham-Société Générale merger, giving it the regulatory nod needed to move the deal forward. This approval represents a crucial step...
Naziha Belkeziz set to take helm as new CEO of Banque Centrale Populaire
On November 1, 2024, Banque Centrale Populaire (BCP) announced an upcoming board meeting to officially appoint Naziha Belkeziz as the new CEO and Chair of the bank’s Board of Directors, following the retirement of...
Choiseul Institute awards Dislog Group for remarkable growth and expansion
In a glittering ceremony in Marrakech held under the High Patronage of King Mohammed VI, Moncef Belkhayat, CEO of Dislog Group, received the "Best Project of the Year" award from the Choiseul Institute. This...
New Safran workshop at MidParc to drive Morocco’s aeronautics growth
On October 31, 2024, MEDZ, a territorial development subsidiary of CDG Group, and the aerospace and defense giant Safran signed an agreement to open a state-of-the-art aircraft engine maintenance workshop within MidParc Industrial Acceleration...
Morocco rises as global offshoring giant, redefining outsourcing in key sectors
In recent years, Morocco has emerged as a powerhouse in the offshoring industry, solidifying its place as a go-to destination for outsourcing services and manufacturing in fields ranging from aeronautics to automotive. Positioned ideally...
Atacadão expands with new store in Kelaât Sraghna
As part of its ambitious "Vision 2028" development plan, Atacadão has opened its latest store in the industrial zone of Kelaât Sraghna, marking the retail chain’s 17th location across Morocco. Following the recent opening...
Morocco secures major aerospace investments at Air Show 2024
On the second day of the Morocco Air Show 2024, Morocco inked four pivotal agreements with prominent aerospace companies, securing investments aimed at strengthening the country’s position as a key supplier for Boeing. These...
Business boom: Casablanca leads Morocco’s record-breaking startup scene in 2024
In the first seven months of 2024, Morocco witnessed a business boom with the establishment of 54,643 new enterprises, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). Among these, 39,434 are...
Omar Channawi: From Morocco to the helm of P&G’s global supply chain
In a dynamic global economy, Procter & Gamble (P&G) has appointed Omar Channawi as the head of its global distribution operations, entrusting him with the strategic oversight of its international supply chain. This significant...