Finance & Business

Moroccan households regain some confidence, but doubts persist

Resilient Moroccan insurance market sees 6.2% profit increase

Despite rising interest rates, the Moroccan insurance sector managed to maintain its growth in 2023, albeit at a slower pace, according to the Committee...

Audi overtakes BMW and Mercedes in Moroccan premium car market

New car sales in Morocco reached 82,286 units by the end of June 2024, reflecting a 1.06% increase compared to the same period last...

Moroccan aerospace exports soar by 17.6% in early 2024

The aeronautics sector in Morocco achieved exports totaling 10.68 billion dirhams (MMDH) during the first five months of 2024, marking a 17.6% increase compared...

ONHYM and ESSO sign key hydrocarbon exploration deals in Morocco

The National Office of Hydrocarbons and Mines (ONHYM) and ESSO Exploration International Limited (ESSO) signed two recognition contracts on Tuesday in Rabat. This is...

CDG and CDC forge stronger ties with new partnership agreement

A pivotal agreement was signed in Paris on Tuesday between the Caisse de Dépôt et de Gestion (CDG) of Morocco and the Caisse française...

Boosting Moroccan startups: The inaugural “Lab Innova” for Morocco

The first edition of "Lab Innova for Morocco," a training project held from July 1st to 4th at Technopark Casablanca, is providing invaluable support...

DGI updates late payment penalty rates starting June 2024

The General Directorate of Taxes (DGI) has announced that invoices with overdue payments starting from June 1, 2024, will incur a financial penalty at...

AtlantaSanad Assurance and Auto24 unite to revolutionize used car buying

AtlantaSanad Assurance, a prominent player in the Moroccan insurance sector, has joined forces with Auto24, the leading used car sales company in Morocco, to...

Moroccan Competition Council (CCM) announces new headquarters

The Moroccan Competition Council (CCM) has announced a change of address for its headquarters, effective July 1, 2024. The Council's new location will be at...

Crédit du Maroc and Mastercard partner to propel digital transformation in Morocco

Crédit du Maroc and Mastercard have entered into a strategic partnership to introduce cutting-edge technologies, accelerate the bank’s digital transformation, and offer tailored solutions...

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