Expat remittances to Morocco set to break records in 2024
Moroccan expatriates (MRE) continue to boost the country's economy with record-breaking remittances projected to reach MAD 117.5 billion in 2024, marking a 1.9% increase,...
Morocco’s official reserve assets expected to reach MAD 382 billion by end of 2024
According to Bank Al-Maghrib (BAM), Morocco's official reserve assets (ORA) are projected to strengthen, reaching MAD 382 billion by the end of 2024. This...
Bank Al-Maghrib reduces interest rates: What it means for the economy ?
In a significant and much-anticipated move, Bank Al-Maghrib (BAM) has reduced its key interest rate by 25 basis points. This strategic decision reflects the...
AMMC registers AD Capital Finance as a financial advisory firm
On June 21, 2024, the Moroccan Capital Market Authority (AMMC) announced the registration of "AD Capital Finance SARL," headquartered in Casablanca, under registration number...
Dislog Group appoints Younes Iraki as new chief marketing officer
Dislog Group has appointed Younes Iraki as its new Chief Marketing Officer (CMO). With a wealth of experience from prominent multinational companies such as...
Amine Maamri takes helm as new president of APSB
The Professional Association of Brokerage Firms (APSB) has announced the unanimous election of a new Executive Board during its board meeting on Tuesday, June...
Egypt’s Kazyon doubles presence in Morocco amidst retail boom !
Egypt has recently become the latest beneficiary of free trade agreements, following Turkey's lead. In just six months, Kazyon, Egypt's leading discount retail chain,...
Société Générale Maroc announces Mehdi Benbachir as CEO
The Supervisory Board of Société Générale Maroc announced the appointment of Mehdi Benbachir as CEO.
Mr. Benbachir will also continue his role as a member...
Laprophan expands horizons with major Botanic Pharma acquisition
The Moroccan pharmaceutical group Laprophan has announced its majority acquisition of Botanic Pharma, a company specializing in natural dietary supplements. This strategic move, pending...
Morocco achieves 44% of business environment improvement goals
Mohcine Jazouli, the Minister Delegate to the Head of Government in charge of Investment, Convergence, and the Evaluation of Public Policies, reported on Monday...