Finance & Business

Chariot Energy wins extra year for Loukos and Rissana gas exploration

Chariot Energy wins extra year for Loukos and Rissana gas exploration

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Chariot Energy has secured an extra year to advance its exploration work on the Loukos and Rissana licenses, following approval from Morocco’s Ministry of...
Heidelberg Materials restructures stake in Ciments du Maroc

Heidelberg Materials restructures stake in Ciments du Maroc

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Heidelberg Materials Italia Cementi Spa has reduced its indirect stake in Ciments du Maroc following an internal restructuring. On July 17, 2025, the company...
LabelVie rides high on 16% sales growth and 44 new stores

LabelVie rides high on 16% sales growth and 44 new stores

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LabelVie posted a strong performance in the second quarter, with revenue jumping 16.1%, marking a clear acceleration in its growth trajectory. This momentum is...
Virgin Megastore expands in Casablanca with new flagship location

Virgin Megastore opens 11th store nationwide, 4th in Casablanca

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Virgin Megastore has just opened a brand-new location in Casablanca, marking a significant step in the brand’s expansion across Morocco. The store, which sits...
Red Med orchestrates landmark stake deal in Raja Casablanca

Red Med orchestrates landmark stake deal in Raja Casablanca

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Red Med Corporate Finance has played a central role in one of the most significant financial and sporting moves in Morocco in recent months....
Aradei Capital launches 1st Capital Market Day in September to outline 2030 vision

Aradei Capital joins IFC’s EDGE Champions to push sustainable real estate

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Aradei Capital is stepping up its commitment to sustainable development, joining a select group of companies leading the push for greener construction practices. The...
CIH Bank reports double-digit growth in first half of 2025

CIH Bank raises 1.47 billion dirhams in oversubscribed share offering

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CIH Bank has successfully completed a major capital increase, issuing over 4.1 million new shares in a move exclusively reserved for existing shareholders and...
Royal Air Maroc launches direct flights between Casablanca and Munich

Royal Air Maroc charts bold course for global expansion

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Royal Air Maroc is entering a bold new chapter, building on record-setting financial results from 2024 and setting its sights on becoming a key...
CIB Offshore wins award for near-perfect payment automation

CIB Offshore wins award for near-perfect payment automation

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Chaabi International Bank Offshore has been recognized for its outstanding cross-border payment operations, receiving the 2024 "Straight Through Processing Excellence Award" from Citi Bank....
Schneider appoints Nader Al Zouabi to lead Morocco and Mauritania operations

Schneider appoints Nader Al Zouabi to lead Morocco and Mauritania operations

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Schneider Electric has appointed Nader Al Zouabi to lead its operations in Morocco and Mauritania, entrusting him with the rollout of the group’s cutting-edge...

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