Yariv Elbaz shifts focus from Moroccan milling to high-tech defense and AI

The landscape of Moroccan industry is witnessing a major realignment as Yariv Elbaz, a prominent figure in the business world, pivots his strategic interests. After years of dominance in the milling sector, the entrepreneur is divesting from traditional industry to embrace the future of technology and security.

The Forafric transition

In April 2026, a decisive move reshaped the ownership of one of the nation’s industrial pillars. The Moroccan competition council officially sanctioned the acquisition of a 68% stake in Forafric Agro Holdings Limited by Cap Holding. This firm, under the leadership of Chakib Alj, takes over a significant portion of the subsidiary from Forafric Global, where Yariv Elbaz previously maintained a majority position.

New frontiers: AI and defense

By stepping back from the control of this industrial giant, Yariv Elbaz is signaling a clear change in direction. His professional journey, which began in the financial sector, is now steering toward highly strategic and innovative fields. His current ambitions are centered on:

• Artificial intelligence development
• Unmanned aerial vehicles (drones)
• Advanced air defense systems

This transition reflects a broader trend of moving toward sectors that define modern sovereignty and technological independence.

A bridge between nations

Yariv Elbaz has long been recognized as a vital link in the diplomatic and economic architecture connecting Morocco, Israel, and the United States. His influence extends far beyond simple commerce, operating at the delicate crossroads of international relations and private enterprise. While he remains a discreet figure, his ability to align economic ventures with regional diplomatic interests continues to make him a central player in the business ecosystems of the region.