Finance & Business

Khalid Qalam named president of Gotion Power Morocco

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Gotion High-Tech has announced the appointment of Khalid Qalam as President of its Moroccan subsidiary, Gotion Power Morocco SA. Effective September 1, 2024, Qalam...
SOFAC sees strong first-half growth driven by strategic focus

Sofac sees 7% growth in banking income, driven by strong demand

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Sofac, a leading consumer credit and leasing company in Morocco, reported a consolidated net banking income (PNB) of 385 million MAD for the first...
Sothema launches Moroccan made generic MS treatment in major health milestone

Sothema reports strong revenue growth by June 2024

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The Moroccan pharmaceutical company Sothema has announced a consolidated revenue of 1.328 billion Moroccan dirhams (MAD) for the first half of 2024, marking a...

Capgemini SE capital increase for employees approved by AMMC

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The Moroccan Capital Market Authority (AMMC) has approved the preliminary prospectus for a capital increase by Capgemini SE, exclusively reserved for its employees. This...
Morocco caught between Europe and China in auto industry shakeup

Renault shares sale for employees greenlit by AMMC

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The Moroccan Capital Market Authority (AMMC) has officially approved the prospectus for a Renault share sale, exclusively available to the company's employees. This operation...

Sopriam : New premium division and exclusive DS 7 unveiled

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In a glamorous event held at the prestigious Royal Mansour, Sopriam revealed a comprehensive new strategy aimed at reshaping its brand portfolio and elevating...

Wafabail reports 49.7% increase in net banking income by June 2024

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Wafabail, a subsidiary of Attijariwafa Bank, reported a net banking income (PNB) of 230 million dirhams by the end of June 2024, marking a...
CIH Bank reports double-digit growth in first half of 2025

CIH Bank successfully completes capital increase operation

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CIH Bank has successfully concluded its capital increase operation, which was reserved for shareholders and holders of preferential subscription rights, through the issuance of...
Allianz Maroc sells 31 branches and 25 agent contracts to Wafa Assurance

Wafa Assurance : 8.7% revenue growth in H1 2024

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Wafa Assurance Group achieved a consolidated revenue of 7.1 billion dirhams (MMDH) in the first half of 2024 (H1-2024), reflecting an 8.7% increase driven...

Stroc Industrie reports 5% revenue growth in Q2 2024

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Stroc Industrie achieved a revenue of 25.5 million dirhams (MDH) in the second quarter of 2024 (Q2-2024), marking a slight increase of 5% compared...

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