Morocco has signed a $1 billion defense contract with Israel Aerospace Industries (IAI), according to Israeli and French media. According to The Times of Israel, Amir Peretz, head of IAI and a former Israeli minister of defense, economy, and industry, may have recently «made a secret trip to Morocco to finalize the agreement». The company also informed the Tel Aviv Stock Exchange in a press release of the billion-dollar deal, without specifying details or the name of the acquiring
e& Group, an Emirati telecommunication giant, expressed its disappointment on Wednesday at the Court of Appeal of Casablanca's rejection of an appeal filed by Maroc Telecom, one of its subsidiaries. The decision, upholding a ruling by the Commercial Court of Rabat on July 3, ordered Maroc Telecom to pay 6.368 billion Moroccan dirhams to Wana Corporate for anti-competitive practices, according to a statement by e&. The latter owns a 53% stake of Maroc Telecom. «E& Group
Hervé Orama Barrere has recently been appointed Chairman and CEO of Centrale Danone in Casablanca, replacing Nathalie Alquier, who, after leading the company from 2019 to 2024, will take on new responsibilities within the Group, reports a press release. Prior to this, Barrere was Managing Director of Danone South Africa and was appointed to oversee the sub-Saharan region earlier this year. His portfolio included brands such as NutriDay, Ultra Mel, Yogi Sip, Inkomazi, DanUp, and
At the opening ceremony of the Paris Olympic Games (OG 2024) on July 26, the outfit that will dress the national athletes bears the hallmark of fashion designer Ali Drissi. Speaking to Yabiladi, the designer explains how he came up with the 100% Moroccan-made suit.
The Moroccan National Olympic Committee (CNOM) unveiled the list of athletes who will represent Morocco at the Paris 2024 Olympic Games during an event held on Wednesday in Rabat. The presentation was attended by CNOM President Faïçal Laraïchi and Minister of National Education Chakib Benmoussa. Benmoussa emphasized the importance of sport in the Kingdom's development strategy and praised the commitment of coaches, families, and all contributors to Morocco's sporting
Many Moroccan families traveling to Morocco by ferry this summer have had their trips booked with GNV canceled days before the trip, a Spanish-based association told Yabiladi, denouncing the recurring problem.
The smart border between Ceuta and Morocco will be operational «before the end of the year», according to Spanish Interior Minister Fernando Grande-Marlaska. During a visit to the autonomous city, he announced that «after six years of work and investments worth more than 22 million euros, Ceuta now has a modern border post adapted to the needs and requirements of the European Union, which will benefit the autonomous city and all its inhabitants». After reporting on the
The mayor of Madrid, José Luis Martínez-Almeida of the People’s Party (PP), has declined to organize a welcoming ceremony for Sahrawi children from the Tindouf camps, who are participating in the Polisario's «Holidays in Peace» summer program. This decision has drawn criticism from Khadijetou El Mohatar, the Polisario Front's representative in the Spanish capital. «The mayor of Madrid doesn't have the time to organize a welcome for the Sahrawi children who
From July 9 to 11, the US capital will host the 75th summit of the North Atlantic Treaty Organization (NATO). The military alliance has invited Arab countries and Israel to take part in the conclave, announced the US State Department spokesman Matthew Miller at a press briefing on Tuesday. He cited the presence at the summit of foreign ministers from non-member countries, including «Israel, Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Mauritania, Morocco, Qatar, Tunisia, and the United
In Morocco, Egyptian singer Abdelhalim Hafed lived one of the scariest moments of his life. Invited by King Hassan II, he was held in Rabat’s main radio station taken over by rebels during the 1971 attempted coup d’état.