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...
Attijariwafa Bank announces 7th FIAD edition: “Here, we invest!”
"Here, we invest!" This bold and resonant slogan from Attijariwafa Bank underscores its commitment to becoming a key economic player in Africa. This powerful...
Aradei Capital’s recent capital increase draws over 1.12 billion dirhams
Aradei Capital has successfully completed a significant capital increase, raising over 1.12 billion dirhams—4.52 times the initial target. This impressive fundraising of 250 million...
Annual meeting highlights: ALUMINIUM DU MAROC to distribute 90 MAD per share
The shareholders of ALUMINIUM DU MAROC gathered for their Annual General Meeting on June 25, 2024, at 10:30 AM at the company’s headquarters located...
Significant changes announced at Marsa Maroc’s shareholders’ meeting
In a transformative series of decisions made during Marsa Maroc's Ordinary and Extraordinary General Meetings held on Tuesday, June 25, 2024, several critical changes...
Western Union and Cash Plus open first African concept store in Casablanca
Western Union marked a significant milestone on June 26 by opening its first concept store in Africa, situated in the satellite town of Errahma...
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...