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Moulay Hafid Elalamy makes history in ICC’s new executive lineup !

The International Chamber of Commerce (ICC) has announced the election of five new members to its executive board. Among these new appointees is Moulay Hafid Elalamy, the founder of Saham Group, who makes history...

BANK OF AFRICA unveils new brand platform

BANK OF AFRICA introduces its new brand promise: With BANK OF AFRICA, Dima Kayn L’hal. https://youtu.be/h7S2ZoHDCH0?feature=shared Using a straightforward tone, the claim Dima Kayn L’hal conveys the idea that the bank aligns with the lives and...

“Banque Centrale Populaire” announces share buyback plan

The Moroccan Capital Market Authority (AMMC) announced on Wednesday that it has approved an information notice regarding Banque Centrale Populaire’s (BCP) share buyback program. This program allows the bank to hold a maximum of 10,165,623...

BMCE Capital celebrates successful “Moroccan Equity Summit 2024”

The third edition of the Moroccan Equity Summit 2024, held from June 6-7 in Casablanca, concluded successfully, according to BMCE Capital. This event brought together nearly 40 local and international investors and over 28 listed...

New joint venture Valofine aims to revitalize Moroccan property market

The Moroccan real estate market has welcomed a new player: "Valofine." This ambitious joint venture, born from the partnership between Valoris Group and Best Financière, is set to tackle the challenges of property development...

New agreement fuels innovative projects with COSUMAR and FRDSI collaboration

In a significant development, André Azoulay, the esteemed advisor to His Majesty King Mohammed VI, chaired the signing of a pivotal agreement between COSUMAR and the Foundation for Research, Development, and Innovation in Science...

Aradei Capital to fully acquire Akdital Immo for 268 million dirhams

After acquiring a 51% stake in Akdital Immo in January 2022, Aradei Capital is now set to purchase the remaining shares from the two co-founders: Akdital (31.85%) and BFO Foncière (17.15%). The total value...

Outsourcia Maroc awarded “Feel Good Company” label for 2th consecutive year

Outsourcia Maroc has once again earned the prestigious "Feel Good Company" label during the 2024 Employer Brands ceremony organized by Rekrute. This marks the second consecutive year the company has received this recognition. The ceremony...

Canadian aerospace giant Shimco breaks ground on new plant in Casablanca

Shimco, a world-renowned Canadian manufacturer specializing in aerospace and defense components, has begun construction on a new facility in Casablanca's Nouaceur Free Zone. Spanning 15,000 square meters, this state-of-the-art plant is expected to be operational...

Moroccan real estate market sees steady growth in early 2024

The Property Price Index (IPAI) recorded a 0.8% year-on-year rise in the first quarter of 2024, according to reports from Bank Al-Maghrib (BAM) and the National Land Registry, Cadastre, and Cartography Agency (ANCFCC). This increase...

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