Finance & Business

La Cigogne’s comeback: Morocco’s legendary soda makes a splash after 25 years

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After more than two decades away from store shelves, the legendary Moroccan soda brand La Cigogne is making a grand comeback. Originally launched in 1929, the iconic lemonade is being revived by the Société...

GPC expands with 180 million dirham investment in high-tech Meknès facility

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GPC-Gharb Papier et Carton, a subsidiary of Ynna, is continuing its expansion with the launch of its 8th production unit in Meknès, located in the Agropolis industrial zone. This new facility strengthens GPC’s position...

Attijari Global Research advises investors to shift toward safer, more valued stocks

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Attijari Global Research (AGR) is urging investors to rebalance their portfolios by focusing on stocks with more attractive valuations and risk profiles. In its latest investment letter, AGR House View, the firm highlights the...

World Investor Week 2024: AMMC puts investor protection at the forefront

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The Moroccan Capital Market Authority (AMMC) is once again participating in the World Investor Week (WIW) for the eighth consecutive year. This international campaign, initiated by the International Organization of Securities Commissions (IOSCO), aims...

Transmed and BLS forge strategic partnership in logistics operations

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Transmed has partnered with Buildings & Logistic Services (BLS) to expand its distribution activities, securing space for 10,000 pallet positions at BLS’s new logistics hub in Tit Mellil. This partnership strengthens Transmed’s storage and...

BCP and M2T SA win “Best Innovative Payment Solution” award

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The Banque Centrale Populaire (BCP) and its payment subsidiary M2T SA have been honored at the APIDE AWARD 2024, receiving the prestigious "Best Innovative Payment Solution" award for their salary advance service, "Tassbik Hbab...

Crédit du Maroc unveils CDM Capital Bourse: A new player in stock brokerage

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Crédit du Maroc has officially launched "CDM Capital Bourse," a subsidiary dedicated to stock market brokerage. This strategic move is aimed at bolstering the bank's presence in Morocco's financial market, signaling its growing ambitions...

Record profit growth for listed companies in 1st half of 2024 exceeds expectations!

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The recurring profit growth of listed companies in Morocco soared to 21.6% for the first half of 2024, surpassing market expectations, according to Attijari Global Research (AGR). This marks the strongest semi-annual profit growth...

IFC, Fipar-Holding, and CDG Invest drive growth for Retail Holding in Africa

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The International Finance Corporation (IFC), in collaboration with Fipar-Holding and CDG Invest Growth, announced a significant investment in Retail Holding, aiming to enhance access to quality and affordable food products in Morocco and Côte...

“Le Mall du Carrousel” opens in Rabat

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Last Thursday marked the grand opening of the Mall du Carrousel, a stunning new open-air shopping center in Rabat. This ambitious project, with a price tag exceeding 600 million dirhams, boasts 30,000 square meters...

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