Portugal and Morocco plan €800m undersea road link across Strait of Gibraltar
People in Portugal and Morocco are looking at a plan to build an undersea road link between the two countries, in a move that...
Holmarcom to buy BNP Paribas majority stake in BMCI
Holmarcom Finance Company has agreed to buy the 67% stake held by BNP Paribas in Banque Marocaine pour le Commerce et l'Industrie (BMCI). The...
LabelVie shares seen with around 12% upside after analyst upgrade
A Moroccan brokerage has raised its outlook on retail group LabelVie Group, pointing to steady earnings growth and a resilient consumer market. M.S.IN issued...
Lesieur Cristal wins top olive oil prize at SIAM 2026 for Kalea brand
Lesieur Cristal has won first prize at Morocco’s National Extra Virgin Olive Oil Competition during SIAM 2026 in Meknes. The award went to its...
Visa reports surge in late-night retail and travel spending during Ramadan in Morocco
Fresh data from Visa shows a sharp seasonal boost in Morocco’s economy. Spending on premium cards rose 40% year on year during Ramadan and...
Risma sells Casablanca luxury hotel for $45m to Pickalbatros
Risma has sold the Sofitel Casablanca Tour Blanche to a subsidiary of the Pickalbatros Group for MAD 450m. Risma said the sale is part of...
UnionPay opens Casablanca Finance City hub to grow Africa operations
UnionPay International has chosen Morocco as its base for Africa after its local subsidiary received Casablanca Finance City status. The status places the company...
Morocco could create 1.7 million jobs by 2035, says World Bank report
Morocco could create up to 1.7 million jobs by 2035 if it speeds up economic reforms, according to new reports from the World Bank...
Crédit Agricole du Maroc to train financial literacy to 10,000 farmers in Morocco
Crédit Agricole du Maroc and the Ministry of Agriculture signed an agreement to help rural farmers learn basic financial skills such as budgeting, saving,...
TAQA Morocco energy and water project still in planning stage after one year
A large energy and water programme in Morocco, valued at about 130bn dirhams, is still in the planning phase one year after it was...