Posted inBusiness

Oracle expands R&D in Morocco to hire 1000 local IT professionals

The investment by Oracle will accelerate the development of the IT giant’s technologies to help solve customer challenges globally.

In a press note shared by the company, Oracle stated it will expand its R&D capabilities in Morocco and hire close to 1,000 IT professionals in the region. The investment will accelerate the development of the IT giant’s technologies to help solve customer challenges globally.

“Oracle’s R&D centre in Casablanca has already played a critical role in creating technical breakthroughs, enhancing cybersecurity, and delivering impactful new AI capabilities,” said Safra Catz, CEO of Oracle. “By expanding our R&D presence in Morocco, we can further tap its deep talent pool to accelerate the development of solutions that help our global customers grow their businesses and win in their industries.”

Ghita Mezzour, Minister in charge of Digital Transition and Administration Reform of the Government of Morocco, signed an agreement with Safra Catz, CEO of Oracle, to formalize the partnership and commitment to innovation in Morocco.

Mohcine Jazouli, Minister in charge of Investment, Convergence and Evaluation of Public Policies, attended the ceremony, and Mr. Ali Seddiki, General Director of the Moroccan Agency for Investment and Export Development (AMDIE). 

Oracle’s expansion follows the opening of its Morocco Development Center facility at Casanearshore Park in Casablanca, where researchers use Oracle’s cloud, AI, and machine learning technologies to tackle the most pressing challenges facing business, science, and the public sector.

An estimated 40 per cent of the new positions will be outside the greater Casablanca and Rabat-Salé-Kenitra regions, offering opportunities across the country. This includes new Oracle offices in Agadir this year and Northern Morocco in the next two years.

“This ambitious project falls within the strategic and comprehensive Royal Vision of His Majesty King Mohammed VI, who called on encouraging Moroccan youth innovation and creativity,” said Ms. Ghita Mezzour, Minister in charge of Digital Transition and Administration Reform of the Government of Morocco.

“At this cutting-edge centre, young Moroccans will be at the forefront of designing and developing innovative solutions, covering the latest technologies such as artificial intelligence, big data, cloud computing and cybersecurity. These solutions will be deployed globally, thus strengthening Morocco’s positioning as a regional digital hub.”