Finance & Business

Aramex expands in Morocco with three new strategic locations

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Aramex, a global leader in logistics and transportation solutions, has announced the opening of three new offices in Morocco, strategically located in Kénitra, Essaouira,...

Abdeslam El Alami appointed chairman and CEO of “Aluminium du Maroc”

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The Board of Directors of Aluminium du Maroc, during its meeting on July 29, appointed Abdeslam El Alami as the Chairman of the Board....

SRM reports significant revenue growth in Q2 2024

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The Société de Réalisations Mécaniques (SRM) has reported a revenue of 106.63 million dirhams (MDH) for the second quarter of 2024 (Q2-2024), marking a...

Managem Group reports 5% revenue increase in first half of 2024

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Managem Group, a leading mining company, has reported a revenue of 4.408 billion dirhams (MMDH) by the end of June 2024, reflecting a 5%...

Accor reports strong first half 2024 financial results

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Accor has posted impressive financial results for the first half of 2024, with revenue rising by 11% to reach 2.677 billion euros. This growth...

U.S. recession fears hit global markets: Casablanca and Europe suffer sharp declines

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Concerns over a potential U.S. recession have caused a substantial decline in European financial markets on Monday, August 5, impacting the Casablanca Stock Exchange...

Damane Cash and Bank Al Karam announce strategic partnership

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Damane Cash and Bank Al Karam, a payment institution and participatory bank under the BANK OF AFRICA Group, proudly announce the establishment of a...

Buddha-Bar opens in Agadir: A sensory experience awaits at ‘The View Hotel’

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Agadir is now pulsating to the rhythm of Buddha-Bar, located within The View Hotel Agadir. Offering a unique sensory experience, visitors can indulge in...
Moroccan households regain some confidence, but doubts persist

Takaful insurance generates 65.9 million dirhams in premiums in 2023

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The Takaful insurance sector garnered 65.9 million dirhams (MDH) in premiums in 2023, according to the 11th annual financial stability report published by Bank...

Veolia Environnement’s capital increase greenlit by AMMC

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The Moroccan Capital Market Authority (AMMC) announced on Thursday that it has approved the final prospectus for Veolia Environnement's capital increase reserved for group...

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