UN secretary-general calls for MINURSO mandate extension in Moroccan Sahara
On Thursday, UN Secretary-General António Guterres released his annual report on the Moroccan Sahara, recommending that the UN Security Council extend the mandate of the United Nations Mission for the Referendum in Western Sahara...
Managem sells mining subsidiary to British firm MetalNRG for $32 million
Moroccan mining group Managem has reached a significant agreement to sell its subsidiary, the Compagnie Minière d’Oumejrane, to UK-based company MetalNRG Plc, which is listed on the London Stock Exchange. The deal, valued at...
AKDITAL Group expands with new high tech international clinic in Taroudant
AKDITAL Group continues its impressive growth by opening the International Clinic of Taroudant, a state-of-the-art medical facility that offers treatment for both common and complex medical conditions. Staying true to its commitment to expanding...
Morocco and Iceland now connected by direct flights thanks to Play Airlines
Starting October 17, Morocco will welcome its first direct air connection to Iceland, courtesy of Iceland’s low-cost airline, Play Airlines. The route, linking Reykjavik and Marrakech, will offer two weekly flights, according to the...
Marrakech gears up to host ‘Fashion Trust Arabia Finale’
Marrakech is set to become the epicenter of fashion on October 24 as it welcomes the grand finale of the prestigious Fashion Trust Arabia (FTA). Founded by Sheikha Moza and Sheikha Al Mayassa, this...
Morocco’s Lamia Lahlou Marzouki to lead international financial centers
Lamia Lahlou Marzouki, the Deputy CEO of Casablanca Finance City Authority, has been elected President of the World Alliance of International Financial Centers (WAIFC) during its annual general meeting held in Tokyo on October...
Deret Group steps into Moroccan market with Caphotel expansion
The Deret Group, founded in 1947 by Robert Deret and known as one of France’s top 500 wealthiest families, is making a significant leap into the international market with its hotel subsidiary, Caphotel. The...
Manasik Aviation launches new direct flights from Rabat to Jeddah and Medina
Saudi airline Manasik Aviation has officially inaugurated its new direct route linking Rabat with Jeddah and Medina, marking a significant milestone in its expansion in Morocco. This new service not only strengthens air connections...
Cox plans €270 million IPO, backed by Attijariwafa Bank and Global Investors
Cox, a Spanish company specializing in water and energy projects, has announced plans to go public with an Initial Public Offering (IPO) aimed at raising up to €270 million. The capital raised will be...
SGTM takes full control of Novacim cement plant in strategic acquisition
The SGTM Group, a leading player in Morocco’s construction and public works (BTP) sector, has acquired the remaining 25% stake in the Novacim cement plant, formerly known as Tekcim, from the ARIF investment fund....