Fonds d’Équipement Communal (FEC) sees 3% growth in net profit for H1 2024
The Fonds d'Équipement Communal (FEC) ended the first half of 2024 with a consolidated net profit of 177 million dirhams (MDH), marking a 3%...
Al Omrane’s record-breaking growth: Net profit surges 640% in 2024 !
The Al Omrane group has reported exceptional financial results for the first half of 2024, showcasing a significant transformation and growth trajectory. With a...
OVS opens third Moroccan store in Casablanca, expanding fashion footprint
The renowned Italian fashion brand OVS continues its rapid expansion in Morocco, unveiling its third store on the famous boulevard Al Massira Al Khadra...
S&P Global Ratings reaffirms Morocco’s BB+ rating, cites economic resilience
In a report released on October 1, S&P Global Ratings reaffirmed Morocco’s sovereign debt rating at BB+/Positive/B, while slightly lowering its forecast for real...
BMCI experiences decline in profit for the first half of 2024
BMCI has released its financial results for the first half of 2024, showing a mixed performance across its key indicators. The bank’s net banking...
Addoha’s revenue surges 20% in first half of 2024, boosted by West Africa
Addoha Group recorded impressive results in the first half of 2024, with revenue reaching 1.7 billion dirhams, a 20% increase compared to 2023. This...
Three Moroccan banks shine in The Banker’s 2024 African top 100 ranking
In its latest annual ranking of Africa’s top 100 banks for 2024, The Banker magazine has recognized Morocco’s banking prowess with three major institutions...
Akdital Group reports 70% surge in net profit for H1 2024 !
Akdital Group's consolidated net profit reached 127 million dirhams (MDH) in the first half of 2024, marking a significant 70% increase compared to the...
Network International expands to Morocco, driving digital payment transformation
Network International, a leader in digital commerce across the Middle East and Africa, has officially announced its entry into Morocco, marking another step in...
Dislog Group acquires european food distributor Chef Sam for €40 million
Dislog Group, a prominent Moroccan conglomerate specializing in consumer goods and healthcare products, has made another bold move in its international expansion strategy by...