First Independent Mena Newspaper
Morocco’s insurance sector moved decisively toward consolidation as Sanlam Maroc advanced plans to absorb Allianz Maroc in a merger-absorption operation to be submitted to the extraordinary general assemblies of both companies on 2 July 2026. The deal’s prospectus received clearance from the Moroccan Capital Markets Authority (AMMC) on 15 June 2026, with accounting effects to […]
COM&TALK Agency, a Casablanca-based independent public relations and strategic communications firm, has joined the International Public Relations Network, a global reference body bringing together independent specialist PR agencies across more than thirty countries. The agency has been named as the IPRN’s member representative for Morocco within the Middle East and Africa regional grouping, marking a […]
The Atlantic Initiative launched by His Majesty King Mohammed VI opens promising prospects for strengthening economic connectivity and investment between West Africa and the rest of the continent, as well as with international markets, Speaker of the Parliament of the Economic Community of West African States (ECOWAS), Mémounatou Ibrahima, said on Friday in Marrakech. Speaking […]
Morocco’s national railway operator, ONCF, has strengthened its industrial partnership with South Korea’s Hyundai Rotem company. The two partners signed on Thursday a $487 million railway maintenance deal, building on a major rolling-stock contract sealed last year between the two parties. Under the agreement, Hyundai Rotem and ONCF have agreed to set up a joint […]
Tunisia’s Kais Saied regime has been hit with the decision of Swiss electronics company to withdraw from this country and concentrate its North Africa production operations in Morocco. Cicor says it is divesting its Tunisia facility and launching an efficiency program expected to deliver more than CHF 10 million in recurring annual EBITDA improvements, as […]
Elite Agro Holding, through its Moroccan subsidiary Elite Harvest Maroc, has opened its seventh farm in the Kingdom, one of the important agricultural markets of the UAE-based agrifood group. The new 200-hectare farm in Kenitra is dedicated to premium blueberry and raspberry production and uses advanced irrigation systems and modern agricultural technologies to support efficient, […]
Morocco’s Laprophan pharmaceutical group has finalized the acquisition of a majority stake in Rivopharm, a Swiss company specializing in specialty medicines, complex pharmaceutical formulations and high-value regulatory expertise, reported medias24. The deal, completed on June 17, marks Laprophan’s first European acquisition and what its president describes as a historic milestone for Moroccan pharmaceutical industry on […]
Royal Air Maroc’s Chief Executive Officer Abdelhamid Addou set out an ambitious vision for the airline’s continental role at the AFCAC Expo 2026 in Lomé, Togo, positioning the Moroccan national carrier as a driving force behind a more open and interconnected African airspace. The event, held from 15 to 19 June in the Togolese capital, […]
Morocco’s GDP growth will continue to exceed 4.0% in both 2026 and 2027, despite negative spillovers from the US-Iran conflict, according to the forecast of Fitch Solutions, which provides credit, economic, financial data, research and analytics used by financial institutions, corporations and governments. “We forecast growth of 4.1% each year, broadly in line with consensus. […]
Harmattan AI, a private defense technology firm supported by French giant Dassault, has announced it signed a major strategic partnership with the Royal Armed Forces to deploy next-generation autonomous air defense capabilities and build a sovereign, technologically advanced defense industrial base. In a press release issued Thursday, Harmattan AI said it will contribute its expertise […]