Crédit Agricole du Maroc shines in first half of 2024 with record growth
Crédit Agricole du Maroc (CAM) has achieved remarkable financial results for the first half of 2024, with an impressive surge in its net profits....
Morocco’s real estate market shows signs of strong recovery
Morocco's real estate market is demonstrating promising signs of recovery, supported by solid data. Cement sales surged by 7.2% by the end of August...
Ithmar Capital and COFIDES: Two key players driving economic development
This week, Ithmar Capital, Morocco's sovereign wealth fund, hosted a high-level delegation from COFIDES, Spain’s development finance company, to strengthen bilateral cooperation. During this...
Tamwilcom mobilizes 21 billion dirhams in financing in first half of 2024
Tamwilcom’s efforts to support both businesses and individuals have resulted in the mobilization of 21 billion dirhams (MMDH) in financing during the first half...
Managem’s net profit declines to 259 million dirhams in H1 2024
Managem's net profit attributable to the group (RNPG) dropped to 259 million dirhams (MDH) in the first half of 2024. This decrease is primarily...
CMI takes steps to resolve competition concerns amid electronic payments dispute
In May 2023, Naps SA filed a complaint with Morocco's Competition Council, accusing the Centre Monétique Interbancaire (CMI) of engaging in anti-competitive practices in...
CIH Bank posts strong results for first half of 2024
CIH Bank continues its upward trend, showing remarkable growth by the end of the first half of the year. Client deposits have reached 76.2...
COSUMAR boosts profitability in H1 2024 as local sugar sales climb
In the first half of 2024, COSUMAR, Morocco’s leading sugar producer, recorded a consolidated revenue of 4.98 billion dirhams, representing a modest increase of...
Auto Hall reports 2.9% sales growth, driven by diverse vehicle portfolio
In the first half of 2024, Morocco's national vehicle market (passenger cars and light commercial vehicles) showed signs of recovery despite a challenging economic...
INVOLYS sees strong Growth in First Half of 2024 with 44% revenue increase
In the first half of 2024, INVOLYS reported a solid financial performance, with total product revenue reaching 25.1 million dirhams (MDH) and a turnover...