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ALL ARTICLES MOROCCO

Business 02/12/2020

Foreign ministry gives Rahal Boulgoute's real estate expansion a discreet helping hand

The ministry helped Rahal Boulgoute win construction contracts in Gambia and Guinea Bissau. Now the businessman wants to build a luxury diplomatic quarter in Rabat. [...]

Business 26/11/2020

The king's brother, Moulay Rachid, is first aboard in Boeing industrial ecosystem

Prince Moulay Rachid, Mohammed VI's brother. ©JULIEN WARNAND/EPA/Newscom/MaxPPP

Business 24/11/2020

Akdital sets out to conquer Mohammed VI's 'social' PPPs

Akdital Holding healthcare group, founded by Rochdi Talib, has set up a new subsidiary to develop partnerships with the Moroccan state. [...]

Business 23/11/2020

Tomato giant Tazi snaps up former agri-exports boss Abir Lemseffer

One of the agriculture ministry's top civil servants for over a decade, Abir Lemseffer now works for Mohammed Tazi's agri-industrial empire. [...]

Business 19/11/2020

Akhannouch generation 2.0 joins family business

The daughters of Morocco's agriculture minister Aziz Akhannouch have in recent months embarked on a range of e-commerce ventures, a move that will also boost their parents' businesses. [...]

Diplomacy 19/11/2020

The secret story of Abu Dhabi's consulate in Laâyoune

In becoming at the start of this month the first Gulf state to open a consulate in the capital of the disputed territory of Western Sahara, the United Arab Emirates is hoping to put an end to three years of tensions with Rabat. [...]

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MOROCCO

Running story Politics

Erdogan sets out to conquer Africa

Keen to reassert Turkey's international status, and also to help Turkish companies to break into the African market, the Turkish president Recep Tayyip Erdogan has been spearheading a major diplomatic and business drive in West and North Africa. [...]

Business Finance 18/11/2020

Emerge Invest advisory firm targets Africa to shake off Saham and Sanlam shadow Free

Raymond Farhat, Ahlam Bennani, and Ghalia Benbadeljelil, the architects of the takeover of Moroccan insurer Saham by South Africa's Sanlam, have set up a new entity focused on sub-Saharan Africa. [...]

The director of the Luxembourg Trade & Investment Office in Casablanca, Atman Haloui.

Business Finance 17/11/2020

Wealth manager Atman Haloui guides Luxembourg's first steps in Morocco

The Luxembourg Trade & Investment Office has just opened a branch in Casablanca. Its director, Atman Haloui, is already familiar with Luxembourg's financial sector. He is a partner in a financial services company there. [...]

The former news director of the 2M channel, Samira Sitaïl, has joined the consulting, communication and lobbying company Marco de Comunicación.

Business 16/11/2020

Former state TV news chief Samira Sitaïl pops up at Spain's PR agency Marco de Comunicación

Samira Sitaïl, the iconic news director of the public audiovisual group 2M from 2002 to January 2020, has been a senior consultant for Marco de Comunicacion, a leading Spanish public relations, communications, and institutional lobbying consultancy, for the past few weeks. [...]

Business 13/11/2020

Anis El Youssoufi: from central bank majordomo to princess's Paris property dealer

Princess Lalla Hasna aimed high when choosing who would manage her real estate transactions in Paris: she turned first to central bank governor Abdellatif Jouahri, then his director of international relations Anis El Youssoufi. [...]

Business Road and rail 13/11/2020

Luxembourg's Vossloh signals its intent in Casablanca

Already a service provider on lines 1 and 2 of Casablanca's tramway, the Luxembourgish plant of Vossloh is now taking care of the points systems to reroute trains to lines 3 and 4, which are currently under construction. [...]

Business 13/11/2020

Lear Corporation fits itself out with a new plant in Meknes

The vehicle fitter Lear Corporation is setting up shop in Meknes. Already present in Tangier, Rabat and Kenitra, the US specialist in seating and electrical systems for vehicles is continuing its expansion in the kingdom and setting up a new plant in the heart of the country. [...]

The Consulate General of the United Arab Emirates in Laayoune was inaugurated on 4 November 2020.

Diplomacy 10/11/2020

Nasser Bourita slaps up diplomatic facade in Laâyoune and Dakhla

Fifteen consulates but not a single consul: the diplomatic offices opened in two cities of the disputed territory are still empty and Rabat is even paying the rent for some. [...]

Stéphane Michel, head of the exploration/production division of Total in the Maghreb and the Middle East.

Oil & gas 10/11/2020

Total: Stéphane Michel, current head of the Middle East and North Africa for Total, vies for CEO

A serious contender for being the next boss of Total, Stéphane Michel will soon leave behind his role with North Africa and the Middle East, peppered with complications, to move one step closer to his goal. [...]

Diplomacy 04/11/2020

Ramaphosa appoints senior diplomat to fill year-long embassy vacancy in Rabat

Disputed Western Sahara's status remains an obstacle to normalisation between South Africa and Morocco. [...]

Business 03/11/2020

Morocco's CDG fund salvages its distressed hotels on the sly

Mahd Salam Hotels, a subsidiary of CDG, will receive a capital injection of 1.8bn dirhams to transfer its hotel assets to Crédit immobilier et hôtelier. [...]

Business 02/11/2020

New Inwi chief exec retains Nadia Fassi Fehri's management team

Appointed earlier this month as acting CEO of Inwi, which is owned by the royal holding company Al Mada, Azzedine el-Mountassir Billah does not appear to be in any hurry to shake up the telecoms operator. [...]

Business Infrastructures 29/10/2020

Flurry of tenders issued for RIF dams

The north-western Morocco water supply plan unveiled in January this year is being put into action with the launch of feasibility studies for dams in the arid eastern Rif, where water shortages have fuelled protests. [...]

Business 29/10/2020

Prince Moulay Abdelaziz plays booking agent for Morocco... and his mother's hotels in Dakhla

Prince Moulay Abdelaziz Senoussi is keeping his morale up despite the Covid-19 pandemic. [...]

Business Ports and airports 28/10/2020

Al Mada eyes Marrakech Airport privatisation

The Royal holding company Al Mada is looking to team with Vinci to manage the country's second airport. The Covid-19 pandemic may hasten the deal. [...]

Business Ports and airports 27/10/2020

Western Sahara: ONDA to invest €1m in improvements to Dakhla airport

Morocco's national airports office ONDA has launched a tender for improvements at the airport in Dakhla, which the kingdom is looking to turn into a tourism hub. [...]

Business 26/10/2020

Hilton moves in with Abu Dhabi royal family in luxury Rabat seaside resort

The giant American hotel group is to open a five-star Conrad hotel in the Arzana residential development owned by Tahnoon bin Zayed Al Nahyan, adviser and brother of the crown prince of Abu Dhabi. [...]

Spotlight Mining 23/10/2020

OCP determined to keep hold of US market

With its ability to sell fertiliser in the United States hampered by a federal investigation, phosphate giant OCP is responding to criticism point by point and has hired an army of lobbyists to promote its products to American farmers. [...]

Business 23/10/2020

As pandemic rages, Business France spies opportunity in North African health sector

Business France has organised a workshop for 3 November for manufacturers seeking to establish themselves in the non-communicable diseases (NCDs) health sector in North Africa. [...]

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