Culinary: Morocco wins 2024 Bocuse d’Or Africa
Morocco triumphed in the 2024 Bocuse d’Or Africa, a prestigious culinary competition held Thursday in Marrakech as part of the Official Tournament of Chefs Africa (TOC Africa). The Moroccan team, led by renowned Chef...
Former World Bank VP Ferid Belhaj joins ‘Policy Center for the New South’
The Policy Center for the New South, led by Karim El Aynaoui and recognized as one of the most influential think tanks in Africa and the Global South, continues to attract top-tier experts. The...
Animawings to connect Bucharest and Marrakech with new direct flights
Romanian airline Animawings is set to inaugurate its first regular commercial route between Romania and Morocco at the end of December 2024. The new service will connect Bucharest and Marrakech, with flights scheduled every...
Chakib Alj steps in to stabilize LJM amid financial turmoil
Following a wave of criticism regarding its financial management, Les Jeunes Maçons (LJM), a small and medium-sized construction company (TPME), has addressed concerns about its situation. Half-owned by Chakib Alj, who has been a...
ONDA appoints new directors for Al Hoceima, Tétouan, and Laayoune airports
The Office National des Aéroports (ONDA) has announced the appointment of new directors for the airports of Al Hoceima, Tétouan, and Laayoune. These changes mark a strategic move for ONDA and Morocco as the...
Immorente Invest: Quarterly dividend schedule for 2024
Starting from September 2021, Immorente Invest adopted an innovative approach to increase the frequency of its dividend distributions, transitioning from an annual payout to quarterly payments. Shareholders now receive four distributions each year instead...
LafargeHolcim Maroc sees mixed results in H1 2024 amid market challenges
Morocco’s domestic cement market showed a slight positive trend during the first half of 2024, though growth was limited to just 1% compared to the same period in 2023, partly due to the calendar...
Sanlam Maroc’s net profit jumps 10.7% in first half of 2024
Sanlam Maroc achieved a net profit of 245 million dirhams (MDH) by the end of June 2024, marking a 10.7% increase compared to 221 MDH in the same period last year. The company attributes...
Tangier Automotive City doubles in size to attract more global investors !
In a meeting held on Thursday in Rabat, the Moroccan government approved a decree to significantly expand the Tangier Automotive City Free Trade Zone, increasing its area from 517 hectares to 1,185 hectares. During a...
Driss Bencheikh appointed as director general of the ‘Office des Changes’
During the government council held on Thursday, September 12, Driss Bencheikh was officially named Director General of the Office des Changes. He had been acting as the interim head of the institution since April,...