Tax Revenues Rises by 4.8% at End of March
Tax revenues rose by 4.8% at the end of March, to total more than 73.63 billion dirhams, i.e. a realization rate of 28.8% compared to the forecasts of the Finance Law (LF), according to...
Huawei Announces Switch to MetaERP, Redefining Enterprises’ Core Business Systems
Huawei announced that it has replaced the legacy ERP system with its MetaERP system over which it has full control. Today, Huawei hosted the MetaERP Award Ceremony to recognize the individuals and teams who...
Ryanair Inaugurates New Route between Ouarzazate, London
Irish airline Ryanair inaugurated on Tuesday a new route between Ouarzazate and London, which will operate at the rate of two flights a week as part of its 2023 summer program. The inaugural flight of...
BMCE Capital was named the best investment bank in Morocco in 2023
BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the “Best Investment Bank in Morocco in 2023” by the “International Investor Magazine”. This award confirms that BMCE...
OCP Group achieved a turnover of more than MAD 114.5 billion in 2022
The turnover of the OCP group has posted, for the year 2022, an increase of 36% compared to the previous year, to reach more than 114.5 billion dirhams. The company said that sales prices in...
Obaid Amrane appointed member of the European Commission’s High Level Expert Group
Appointment by the European Commission of Obaid Amrane, Managing Director of Ithmar Capital, as a member of the High Level Expert Group (HLEG) in charge of the reflection on the acceleration of sustainable financing...
MREs : transfers would be around 100 billion dirhams in 2022
taking into account the performance recorded since the beginning of the year, transfers from MREs should continue to progress to total nearly 100 billion dirhams over the whole of the year before returning to...
The Japanese Nippon Express strengthens in Morocco with the opening of a subsidiary
The Japanese group Nippon Express recently inaugurated its Moroccan subsidiary in Tangier. According to the top management of the group, the choice of Morocco for this establishment is explained by the fact that the kingdom...
Sitel Group and Majorel abandon their merger project
After the confirmation of the due diligence and the validation of the synergies expected at the end of this merger, the shareholders of the two companies ultimately did not reach an agreement on the...
BMCE Capital Investments launches an OPCC for Moroccan startups
BMCE Capital Investments, management company of OPCC (Undertakings for Collective Investment in Capital) of the BMCE Capital group, announced on Tuesday the launch of the Capital Venture Fund, its first OPCC fund in the...