Finance & Economy

January 23, 2020

Forbes: Two Moroccans Among Africa’s 20 Billionaires

Rabat – Africa has only 20 billionaires, and Morocco’s Aziz Akhannouch and Othman Benjelloun are among them.

Forbes, an American business magazine, released its 2020 fact sheet on Africa’s richest"...

January 23, 2020

Morocco to Develop Ties With Equatorial Guinea With Official Visit-Morocco

Rabat – A Moroccan delegation is set to fly to the capital of Equatorial Guinea, Malabo, in April 2020 to discuss means of strengthening bilateral relations.

The Equatoguinean Minister of Foreign Affairs,"...

January 23, 2020

Morocco Prepares to Define Maritime Boundaries Closer to Canary Islands

Rabat – The House of Representatives voted today, January 22, to enact two laws that will allow Morocco to define its maritime boundaries and establish an Exclusive Economic Zone (EEZ).

The laws are based"...

January 23, 2020

Morocco Plans to Acquire €400 Million of Armament from France

Rabat – Morocco has concluded a set of military agreements with French arms makers for a total cost of €400 million.

According to the French newspaper La Tribune, the first contract involves the purchase"...

January 23, 2020

SEAF Morocco Growth Fund invests in agritech startup SOWIT

SEAF Morocco Growth Fund (SMGF), an investment fund has completed its fourth investment with its acquisition of stake in SOWIT, an agritech company specializing in precision agriculture in Africa.

SOWIT is an"...

January 23, 2020

Hillstone Is Recognized as a 2020 Gartner Peer Insights Customers’ Choice for Network Firewalls

Hillstone Networks, a leading provider of Enterprise Security and Risk Management solutions, is excited to share that they were named a 2020 Gartner Peer Insights Customers’ Choice for Network Firewalls. Hillstone received an overall rating of 4.8 out of 5 stars, based on customer reviews, as of 22 January 2020. The cybersecurity landscape today is complex. Emerging technologies, such as the Internet of Things, artificial intelligence, and hybrid cloud computing have expanded the average organizational attack surface, making detecting and understanding the full scope of today’s attacks much more challenging. Hillstone harnesses its......

January 22, 2020

Schneider Electric Secures Assembly Partnership with Morocco’s Kazinov

Rabat – Schneider Electric, a major French multinational corporation specializing in electrical equipment, is set to expand in Morocco with a new assembly unit.

The Moroccan company Kazinov signed an agreement"...

January 22, 2020

Morocco, UK Launch Business Dialogue in London

London - The Morocco-UK business dialogue, organized on the sidelines of the Africa-UK Investment Summit and which redefines the contours of British foreign policy in the wake of Brexit, was launched Monday in London, in the presence of a high-level Moroccan delegation.

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January 22, 2020

MSCI and Burgiss Enter Into Strategic Relationship

MSCI Inc. (NYSE:MSCI), a leading provider of mission critical decision support tools and services for the global investment community, has entered into a strategic relationship with The Burgiss Group, LLC, intended to accelerate and expand the use of data, analytics and other investment decision"...

January 22, 2020

Andersen Global Expands Middle Eastern Presence; Debuts in Palestine

Andersen Global announced it entered into a collaboration agreement with Ramallah-based law firm, Sharp & Beyond for Legal and Investment Consulting Services (S&B). The agreement marks the firm’s debut in Palestine, expanding its global platform in the Middle East.

Established"...