Rabat-Casablanca corridor: Epicenter of overdue payments !
The Payment Deadline Observatory (ODP) recently unveiled its annual report, highlighting the enforcement of financial penalties under Law No. 69.21, which amends Law No....
Key highlights from the Moroccan capital market for June 2024
The Moroccan Capital Market Authority (AMMC) has released its monthly report for June 2024, detailing significant movements and statistics in the market. Here are...
Green energy joint venture between OCP Group and Fortescue approved
The Moroccan Competition Council has approved the creation of a joint venture (JV) between OCP Group and Fortescue, aimed at advancing green energy development...
Sanofi appoints Najla Cherif Hamdi as CEO of Sanofi Morocco
Sanofi has announced the appointment of Najla Cherif Hamdi as the new Chief Executive Officer of Sanofi Morocco. Based in Casablanca, Hamdi assumed her...
Atacadão expands with 15th hypermarket in Taourirt
Atacadão, the hypermarket brand of the LabelVie Group, continues its territorial expansion with the inauguration of its 15th store in Taourirt, located in the...
Allianz Services opens new office in Morocco’s CasaNearshore hub
Allianz Services, a subsidiary of the Allianz Group, one of the world leaders in insurance and asset management, has inaugurated its new office in...
LG Energy Solution plans low-cost EV battery plant in Morocco
LG Energy Solution (LGES), the world's second-largest manufacturer of electric vehicle batteries, is considering establishing a factory in Morocco. This plant would produce low-cost...
Société Générale Maroc launches “Un Été au Maroc” for Moroccans living abroad
Société Générale Maroc is dedicating its resources to serve Moroccans living abroad, placing them at the center of its priorities. This commitment highlights the...
Maroc Telecom reports solid revenue growth driven by “Moov Africa” subsidiaries
The Maroc Telecom Group reported consolidated revenues of 18.26 billion dirhams (MMDH) by the end of June 2024, marking a 0.9% increase. This growth...
Moroccan banks achieve 32% profit growth in Q1 2024 despite higher provisions
Moroccan banks demonstrated exceptional resilience in the first quarter of 2024, recording a 32% increase in net profit compared to the previous year, according...