La compagnie marocaine Wafa Assurance a annoncé ce lundi son projet d'acquérir une participation majoritaire dans Delta Insurance en Égypte, dans le cadre de sa stratégie d'expansion sur le marché égyptien. L'assureur, coté à la Bourse de Casablanca et filiale d'Attijariwafa Bank, a proposé un prix de 40 livres égyptiennes par action, valorisant Delta à 925 millions de dirhams (environ 100 millions de dollars),
Morocco’s Wafa Assurance announced Monday its intention to acquire a majority stake in Egypt’s Delta Insurance, as part of its strategy to strengthen its presence in the Egyptian market. The Casablanca-listed insurer, a subsidiary of Attijariwafa Bank, has offered 40 Egyptian pounds per share, valuing Delta at 925 million dirhams (around $100 million), according to a company statement quoted by Reuters. The main shareholder, Egypt Kuwait Holding Company, which owns 63.39% of Delta,
The seaside resort of Saïdia Mediterrania will host a key stage of the Triathlon World Cup on Sunday, June 29, bringing together nearly 140 international athletes—including the world’s top ten (five women and five men)—for a high-level competition listed on the official World Triathlon Cup calendar, according to a statement. The event is organized by the Royal Moroccan Triathlon Federation (FRMTRI) and Madaëf Sports & Events (MSE) as part of their commitment to
The National Dental Association has raised alarm over the growing phenomenon of illegal dental practice in Morocco, calling it a direct threat to public health and to the country’s image as a reliable healthcare destination. In a statement, the association warned that unqualified individuals without academic or legal credentials are performing medical procedures in establishments lacking basic safety standards. These practices have resulted in serious incidents, including deaths and
A landmark in outdoor cinema in Morocco, Cameo is making a grand return to Casablanca on June 20, 2025, at 9:00 PM at the Casa-Anfa Hippodrome. This year, the organizers plan to extend the open-air cinema experience beyond the metropolis to Rabat, Marrakech, and several other cities across the country, aiming to offer a rich and diverse program throughout the summer season. Founded in 2015, Cameo transforms each screening into an immersive and friendly experience under the stars. «Set in
UK-based transition energy company Sound Energy has signed an exclusive term sheet with renewable specialist Gaia Energy Ltd. to develop up to 270 MW of photovoltaic (PV) solar power projects at multiple sites across Morocco. According to a company statement released on Tuesday, the planned joint venture aims to build solar power sites at ten or more locations near medium voltage (MV) substations in Morocco, making it easier to connect to customers. Gaia has already begun feasibility studies,
Morocco and Saudi Arabia have signed a strategic memorandum of understanding focused on the sustainable management of forest resources and combating desertification. The agreement was signed on the sidelines of a high-level international meeting held from June 16 to 18, 2025, in Agadir. Designed to support the protection and restoration of forest ecosystems, the memorandum was endorsed by Morocco’s National Agency for Water and Forests (ANEF) and Saudi Arabia’s National Center for
Moroccan filmmakers Ayoub Layoussifi and Zahoua Raji have won the Best Director award at the 25th Arab Film Festival Rotterdam, held in the Netherlands from May 28 to June 1, for their short film Chikha, which was shot in Azemmour, Morocco. The festival honored the two directors for «the skillful direction of the actor and the masterful creation of a fully realized world that places the viewer in a revealing play of mirrors». «Very happy and proud to receive this distinction.
The British government has chosen to disregard written questions posed by MP Ben Lake, a vocal supporter of the Polisario in the House of Commons. The MP asked the Under Secretary of State for Foreign Affairs, responsible for the Middle East and North Africa, Hamish Falconer, whether the UK might request the UN Security Council to send a mission to investigate the human rights situation of Sahrawis in Western Sahara and Moroccan prisons. In his response, Falconer stated, «The UK believes
On Monday, June 16, in Rabat, Morocco and Panama signed a cooperation roadmap for the 2025–2027 period, as announced on platform X by Panama’s Foreign Minister, Javier Eduardo Martínez-Acha Vásquez, following talks with his Moroccan counterpart, Nasser Bourita. Bilateral relations between the two countries have strengthened since November 2024, when Panama decided to suspend its recognition of the so-called «SADR». This renewed momentum will be reinforced
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