BANK OF AFRICA crowned Morocco’s most beloved brand in the “Brand Africa 100”
On June 26, 2024, BANK OF AFRICA was honored as the most appreciated Moroccan financial services brand in the prestigious Brand Africa 100 rankings....
Hassan Laaziri takes the helm at AMIC
The Moroccan Private Equity Association (AMIC) has announced the appointment of a new Board of Directors, unanimously electing Hassan Laaziri as the new President....
Key highlights from Bank Al-Maghrib’s weekly indicators (June 20-26, 2024)
1. Dirham appreciation
The Moroccan dirham appreciated by 0.9% against the euro and by 0.37% against the US dollar during this period.
2. Foreign exchange...
Morocco’s money supply grows by 4.3% in May
According to Bank Al-Maghrib (BAM), Morocco's money supply, measured by the M3 aggregate, reached 1.779.6 billion dirhams in May, marking a 4.3% year-on-year increase,...
Moroccan tax audits yield 5.8 billion dirhams in 2023 !
The General Directorate of Taxes (DGI) has announced that on-site tax audits in 2023, covering 5,793 cases, generated a substantial revenue of 5.8 billion...
Marchica Med and HB Holding NV sign MoU for landmark development
A memorandum of understanding (MoU) has been signed between Marchica Med, a subsidiary of the Agency for the Development of the Marchica Lagoon, and...
Young entrepreneurs honored at Al Mada foundation awards
The Young Entrepreneurs Awards, organized by the Al Mada Foundation, were presented on June 28, 2024, under the leadership of Mr. Hassan Ouriagli, President...
LabelVie unveiled ambitious vision for 2028 at “Capital Market Day”
LabelVie Group recently hosted its Capital Market Day, a dedicated event to present its vision for 2028 and development strategy.
"We are delighted to have...
FIAD2024: Attijariwafa Bank honors top innovators and entrepreneurs
The 7th edition of the International Africa Development Forum (FIAD), organized by Attijariwafa Bank and supported by Al Mada, continues into its second day...
Moroccan banks face rising liquidity needs in early 2024
The liquidity requirements of Moroccan banks intensified, reaching an average weekly need of 111.6 billion dirhams (MMDH) in the first quarter of 2024, up...