Label’Vie unveils ambitious $703 million expansion plan
Label'Vie, a leading player in Morocco's retail sector, has announced a bold strategy to invest 7 billion dirhams ($703.6 million) to expand its operations...
Akdital leads trading activity on Thursday’s stock market
Akdital emerged as the top performer in Thursday's stock market session, recording the highest trading volume with transactions worth 51.97 million dirhams (MDH).
Following closely...
ILO members reaffirm trust in Hicham Zouanat with unanimous re-election
Hicham Zouanat, President of the Social Commission of the General Confederation of Moroccan Enterprises (CGEM), has been unanimously re-elected as a full member of...
Aluminium du Maroc mourns the loss of visionary leader Sidi Mohamed El Alami
Sidi Mohamed El Alami, the Chairman and majority shareholder of the Aluminium du Maroc Group, has passed away, the company announced with deep sorrow.
"It...
Historic telecom ruling: IAM ordered to pay 6.4 billion dirhams to Wana Corporate
The Casablanca Commercial Court of Appeal upheld a historic ruling against IAM (Itissalat Al-Maghrib) on July 3, ordering the telecom giant to pay 6.4...
Moroccan banking sector rebounds with 20.4% profit surge in 2023
The Committee for Coordination and Monitoring of Systemic Risks (CCSRS) convened on Tuesday at Bank Al-Maghrib's (BAM) headquarters in Rabat and noted that the...
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...