Oracle Increases Research and Development Investments in Morocco [Yahoo! Finance]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance
AUSTIN, Texas May 9, 2024 /PRNewswire/ -- Oracle will expand its research and development (R&D) capabilities in Morocco by growing its local workforce to 1,000 information technology (IT) professionals. This investment will accelerate the development of Oracle's cutting-edge technologies that help solve customer challenges worldwide. Today, Ms. 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 . The ceremony was attended by Mr. Mohcine Jazouli , Minister in charge of Investment, Convergence and Evaluation of Public Policies, and Mr. Ali Seddiki , General Director of the Moroccan Agency for Investment and Export Development (AMDIE). "Oracle's R&D center in Casablanca has already played a critical role in creating technical breakthroughs, enhancing cybersecurity, and delivering impactful new AI capa
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ORCL
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ORCL
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- 5/8/24 - Form 4
- 5/7/24 - Form 144
- 5/6/24 - Form 4
- ORCL's page on the SEC website