Columns Emerging Markets Headlines Morocco

Forbes: Royal Pardon of cannabis farmers strengthens Morocco’s position in global legal cannabis market

U.S. Forbes magazine has lauded the decision of King Mohammed VI of Morocco to pardon 4,831 people convicted, prosecuted, or wanted in cases related to cannabis cultivation, saying the move is an important step toward strengthening Morocco’s position in the global legal cannabis market. The royal pardon was made on the occasion of the 71st […]

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Forbes highlights Morocco’s game-changing weaponry

Morocco has acquired high-tech armament that would give it the upper hand in symmetrical or asymmetrical potential regional conflicts, said Forbes. Morocco reinforced its arsenal with game-changing air systems and weapons made by Israel and Turkey that helped Azerbaijan make inroads in the Nagorno Karabath war, wrote Paul Iddon on Forbes. After highlighting the efficiency […]

Business Emerging Markets Headlines Morocco

Morocco’s aviation sector experiencing “remarkable” evolution, a business strategist tells Forbes

Morocco’s aviation sector is experiencing “remarkable” evolution, and the Kingdom, a vibrant and strategic country in North Africa, is emerging as a key player in this field, states US Forbes Magazine in an article by a business strategist. “The global aviation industry is expected to grow over the next 10 years, and I believe Morocco […]

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Forbes: Morocco, a rising drone power, reshaping regional order

Morocco’s acquisition of two combat-proven unmanned aerial systems, the Turkish Bayraktar TB2 drones and Israeli Harop loitering munitions, gives the North African Kingdom a decisive edge in any future conflict, says U.S. magazine Forbes. The new press report is expected to exacerbate further the Algerian military junta’s concerns to see their neighbor enhancing its military […]

Business Columns Headlines Morocco Opinions

COVID-19: Morocco’s King Deployed a Genuine Marshall Plan to Support Economy, Protect Populations – Forbes

The magazine “Forbes France” highlighted, on Monday, the “Marshall Plan” deployed by King Mohammed VI, from the start of the coronavirus health crisis, as part of an anticipatory approach meant to support the economy and protect the populations. The magazine detailed this response plan and the various far-reaching measures implemented by Morocco to combat the […]

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Forbes: 7 Moroccans Listed among 100 Power Businesswomen in Middle East

Seven Moroccan women have been listed by Forbes Mazagine among the Middle-East’s 100 power businesswomen. They have worked their way up during their professional career to reach the top of their professions. The seven Moroccan women cited in the Forbes 2020 listing are Nezha Hayat, Head of Morocco’s capital market authority (ranked 7th), Laila Mamou, […]

Americas Energy Headlines International Morocco

Morocco offers attractive incentives for oil, gas exploration- Forbes

Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]

Portrait Profile

Dangote retains title of ‘Africa’s Richest Man’

Nigerian business mogul Alhaji Aliko Dangote has maintained his spot as Africa’s richest man according to Forbes Magazine. Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa. The Nigerian cement guru was also peaked on the list as 66th most powerful man in the world in […]

Headlines Morocco

Morocco Offers ‘Compact’ 2026 World Cup- Forbes

Few days ahead of submitting its bid books with all details to the FIFA, Morocco is banking on its comparative advantage offering a compact tournament in the face of the joint Canada/Mexico/United States bid for the expanded 48-team finals, Forbes wrote. “Attractive destinations, short travel times between venues, and perhaps most importantly, a time zone […]

Portrait Profile

Othman Benjelloun Elected Vice-President of Union of Arab Banks

President of the Moroccan banks Professional Grouping (GPBM) and chairman & CEO of BMCE Bank, Othman Benjelloun, was recently elected vice-president of the Union of Arab Banks (UAB). The election took place during the Annual Arab Banking Conference held in Beirut, Lebanon, November 16-17 under the topic: Economic Stability at a Time of Uncertainty. Another […]