Morocco to complete Kenitra–Marrakech high-speed rail by 2029
Morocco’s Transport Minister Abdessamad Kayouh says a new high-speed rail line linking Kenitra to Marrakech is expected to be completed by September 2029.
Speaking in...
Nador West Med gains second high-voltage line to ensure steady supply
A new power line has been switched on to keep the future Nador West Med port running smoothly when it opens later this year.
The...
BCP seeks approval for $1bn dirham bond programme
Shareholders in Banque Centrale Populaire (BCP) are expected to approve a 10bn dirham bond programme at a meeting on 24 June.
The bank says it...
Unimer Group sales increase in first quarter as catches and prices recover after difficult...
Unimer Group says its sales reached 150 million dirhams in the first three months of 2026, up 14% from the same period last year.
The...
Cosumar plans to buy back shares, pending June approval
Cosumar plans to buy back shares as it expands beyond sugar
Moroccan sugar company Cosumar is planning to buy back some of its shares, if...
Fenie Brossette seeks to extend lifespan by 99 years
Fenie Brossette has called a shareholder meeting to approve a 99-year extension to its lifespan, as the company nears the end of its current...
Bank of Africa plans capital increase with free shares for investors
Bank of Africa is planning to raise its share capital by converting reserves into equity, according to documents ahead of its shareholder meeting in...
Med Paper hit by weaker demand and rising competition
Moroccan paper manufacturer Med Paper has reported a drop in revenue for the first three months of 2026, as the sector faces rising competition...
Saham Bank profit climbs 7% despite market volatility
Saham Bank has reported higher profits at the start of 2026, even as parts of its business came under pressure.
The bank made 437 million...
DAF Trucks appoints Tractafric as new Morocco distributor
Tractafric Motors has taken over the distribution of DAF Trucks in Morocco, replacing CFAO.
More than 10,000 DAF trucks are already on the road in...