Finance & Business

Sofac sees 7% growth in banking income, driven by strong demand

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Sofac, a leading consumer credit and leasing company in Morocco, reported a consolidated net banking income (PNB) of 385 million MAD for the first...
Sothema acquires Soludia Maghreb in $100M deal to expand dialysis capabilities

Sothema reports strong revenue growth by June 2024

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The Moroccan pharmaceutical company Sothema has announced a consolidated revenue of 1.328 billion Moroccan dirhams (MAD) for the first half of 2024, marking a...

Capgemini SE capital increase for employees approved by AMMC

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The Moroccan Capital Market Authority (AMMC) has approved the preliminary prospectus for a capital increase by Capgemini SE, exclusively reserved for its employees. This...
Morocco poised to overtake Italy in global car production

Renault shares sale for employees greenlit by AMMC

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The Moroccan Capital Market Authority (AMMC) has officially approved the prospectus for a Renault share sale, exclusively available to the company's employees. This operation...

Sopriam : New premium division and exclusive DS 7 unveiled

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In a glamorous event held at the prestigious Royal Mansour, Sopriam revealed a comprehensive new strategy aimed at reshaping its brand portfolio and elevating...

Wafabail reports 49.7% increase in net banking income by June 2024

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Wafabail, a subsidiary of Attijariwafa Bank, reported a net banking income (PNB) of 230 million dirhams by the end of June 2024, marking a...
CIH Bank raises 1.47 billion dirhams in oversubscribed share offering

CIH Bank successfully completes capital increase operation

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CIH Bank has successfully concluded its capital increase operation, which was reserved for shareholders and holders of preferential subscription rights, through the issuance of...

Wafa Assurance : 8.7% revenue growth in H1 2024

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Wafa Assurance Group achieved a consolidated revenue of 7.1 billion dirhams (MMDH) in the first half of 2024 (H1-2024), reflecting an 8.7% increase driven...

Stroc Industrie reports 5% revenue growth in Q2 2024

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Stroc Industrie achieved a revenue of 25.5 million dirhams (MDH) in the second quarter of 2024 (Q2-2024), marking a slight increase of 5% compared...

S2M Group Sees 12.6% Revenue Growth in H1 2024

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The S2M Group achieved a consolidated revenue of 146.9 million dirhams (MDH) by the end of June 2024, reflecting a 12.6% increase compared to...

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