Listed companies in Morocco record 4.4% revenue growth in H1 2024
The aggregated revenues of Morocco's listed companies reached 157 billion dirhams (MMDH) in the first half of 2024 (H1-2024), reflecting a 4.4% increase compared...
CDG Capital increases capital by 100 million MAD to fuel growth
CDG Capital, a subsidiary of the Caisse de Dépôt et de Gestion (CDG), has bolstered its capital by 100 million MAD, bringing total capital...
CDG Invest and Al Mada Venture Cap to co-own ‘Userguest BV’
CDG Invest and Al Mada Venture Cap are set to jointly take control of the Dutch company Userguest BV, which specializes in IT services...
Textile: SUNRISE Group to invest 4.1 billion MAD in Morocco, creating 11,000 jobs
In Shanghai, Aziz Akhannouch, Morocco's Head of Government, met with Lei Xu, president of the global textile leader SUNRISE Group, which has operations across...
SNGFE partners with Fizazi & Associés to oversee startup financing for F2I
The Société Nationale de Garantie et de Financement de l’Entreprise (SNGFE) has appointed the Fizazi & Associés firm to oversee the deployment of financing...
Dislog Group to acquire 51% stake in Fromagerie de l’Atlas
Dislog Group, led by Moncef Belkhayat, is set to acquire 51% of the capital and voting rights of Fromagerie de l’Atlas, marking a strategic...
Capital raising in Morocco hits 67.77 billion dirhams in first seven months of 2024
Capital raising activities in Morocco soared to 67.77 billion dirhams (MMDH) during the first seven months of 2024, marking a significant rise from the...
BMCI set to launch 1.5 billion dirham bond issue
The Moroccan Capital Market Authority (AMMC) has given the green light for BMCI’s upcoming subordinated bond issuance, with a ceiling of 1.5 billion dirhams...
SRM takes control of Lydec
The Casablanca-Settat Regional Multiservices Company (SRM) officially became the primary shareholder of Lydec, the utility firm responsible for water and electricity distribution in Casablanca,...
SKODA unveils three new models: The KAMIQ, FABIA, and SCALA
SKODA has unveiled three exciting new models, each completely reimagined to cater to performance enthusiasts and modern drivers alike. The latest additions to the...