Latest news with #MoncefBelkhayat
Ya Biladi
25-07-2025
- Business
- Ya Biladi
Ouadih Dada joins the ranks of a subsidiary of the Horizon Press group
Journalist Ouadih Dada has made a significant move by joining the capital of Communication & Network Group (CNG), a branch of the Horizon Press Group, through his audiovisual media venture, Dada TV. This strategic partnership, announced on Friday, July 25, represents a «decisive turning point» for the group's digital expansion in Morocco and throughout Africa. The initiative is bolstered by the «structural support of H&S Invest Holding, led by Moncef Belkhayat», as reported by Les Inspirations Eco. As part of this collaboration, Ouadih Dada has been appointed CEO of CNG. He is tasked with spearheading «an ambitious roadmap focused on innovation, differentiation, and a solid grounding in new technologies». The initiative aims to «create synergies» that will «produce high-value content, expand the audience, and solidify CNG's leadership in digital audiovisual communication, particularly within the entrepreneurial sector», according to the same source. With platforms like Infomé and the group plans to deliver «original formats, some of which will be partially generated by artificial intelligence, to cater to evolving audience expectations». Another key objective is to offer «a comprehensive, tailor-made communication package» for businesses, including «event services, content production, strategic consulting, and publishing».
Ya Biladi
17-06-2025
- Business
- Ya Biladi
Dislog Group expands brand portfolio with Avon Morocco takeover
Dislog Group has fully acquired the shares and voting rights of Avon Beauty Products SARLU, the Moroccan subsidiary of cosmetics producer and direct seller Avon Cosmetics. The transaction was finalized on June 2, as announced on Monday. This move is part of Dislog Group's strategy to «strengthen its portfolio of brands exclusively represented in the Moroccan market», according to a company statement. Moncef Belkhayat, President of Dislog Group, stated that the acquisition reinforces the group's «beauty division», positioning it as «the Moroccan leader in the development of more than 200 brands linked to the life economy, particularly in hygiene, food, health, and beauty». The acquisition also supports «Avon Cosmetics' strategic roadmap, aimed at accelerating the availability of its products to consumers across all distribution channels», the statement added.
Morocco World
26-05-2025
- Business
- Morocco World
French Retail Group Casino to Launch Over 210 Stores in Morocco by 2035
Rabat – French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino's brands to Morocco. The first stores are expected to open in 2026. The two companies said in a joint statement the goal is to open more than 210 stores across Morocco over the next 10 years. These stores will operate under the French brands Franprix and Monoprix. Casino described the agreement as an important step in its new international growth strategy. The group aims to expand abroad through franchising, allowing local partners to run stores under its brand. Casino already works with 472 franchised stores outside mainland France, which made up 3.5% of its total revenue in 2024. Casino CEO Philippe Palazzi and Moncef Belkhayat, President of H&S Invest Holding, signed the partnership this morning in Rabat. Moroccan Minister of Industry and Trade Ryad Mezzour and France's Ambassador to Morocco Christophe Lecourtier also attended the signing ceremony. Pallazi expressed optimism about the new partnership and described it as an important moment for Groupe Casino and a sign of their shared ambition for Morocco. 'This collaboration perfectly reflects our strategy: relying on the strength of our brands, our expertise in franchising and logistics, and on solid partners to deliver a quality, local convenience offering that meets local expectations,' he said in a statement. Meanwhile, H&S Invest Holding said the partnership marks the beginning of 'a strategic partnership for the development of the Monoprix and Franprix brands in the Moroccan market.' The company added that the project is set to 'transform' local retail in Morocco by offering a modern shopping experience, with high-quality products, fresh food options, and services tailored to new urban lifestyles. The project also includes the creation of a dedicated purchasing center to support neighbourhood grocery stores. Tags: group casinoMoroccoretail
Ya Biladi
26-05-2025
- Business
- Ya Biladi
Moncef Bekhayat plans to open 210 Franprix and Monoprix stores in Morocco
The French group Casino announced on Monday the signing of a strategic partnership with the Moroccan company H&S Invest Holding, with plans to open 210 Franprix and Monoprix stores in Morocco by 2035. This alliance is part of Casino's new international expansion strategy, which relies on franchising to boost its brands' presence abroad. The group, which also owns Vival and the online retailer CDiscount, aims to capitalize on the popularity of its local convenience store brands. H&S Invest Holding, described as a «Moroccan multi-business group specializing in the life economy», sees this partnership as a way to diversify its retail division. According to its president, Moncef Belkhayat, the first stores are expected to open in 2026, with the goal of creating over 1,000 direct and indirect jobs across the Kingdom by 2030. The development of the Franprix and Monoprix brands is expected to invigorate the local retail landscape and meet the growing demand for quality and convenience. From Casino's perspective, the partnership represents a significant opportunity. «This partnership is fully aligned with our international development strategy through franchising», said Philippe Palazzi, the group's CEO, in a statement. He believes the local presence and strong operational expertise of H&S Invest Holding will enable the rapid rollout of an efficient store network, adapted to the evolving consumption habits of Moroccans. Controlled by Czech billionaire Daniel Kretinsky, the Casino group operates in over 20 countries and has 472 franchised stores outside mainland France, accounting for 3.5% of its 2024 revenue. Despite this international footprint, the group recorded a 5% drop in sales in the first quarter of 2025, with net sales down to 2 billion euros.
Yahoo
26-05-2025
- Business
- Yahoo
French retailer Casino to open first stores in Morocco in 2026
(Reuters) -Casino has signed a partnership agreement with H&S Invest Holding to expand its presence to Morocco, the French food retailer said on Monday. It aims to open 210 Franprix and Monoprix convenience stores in Morocco by 2035, with the first stores to open in 2026. "By 2030, we aim to create more than 1,000 direct and indirect jobs across the Kingdom through the roll-out of the Franprix and Monoprix banners," H&S Invest Chairman Moncef Belkhayat said in the statement. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
