Aradei Capital shares have 20% upside, says M.S.IN
Aradei Capital shares could rise by 20%, according to brokerage firm M.S.IN, which has given the stock a buy rating and set a target...
Bank account checks begin as tax officials target undeclared earnings
Tax officials have started checking bank accounts as part of a new drive to find people who may have failed to declare their income.
Tax...
Stellantis sells Free2move car-sharing business to Mutares
Stellantis is selling its Free2move car-sharing business to German investment firm Mutares as it sharpens its focus on making cars and developing new automotive...
Attawfiq Microfinance wins international governance certification
Attawfiq Microfinance has received the MSI 20000 international certification. The award was presented on 25 June at Euronext Paris by independent certification body COFICERT.
MSI...
Investor demand tops supply in Crédit du Maroc’s 699 million-dirham share sale
Crédit du Maroc has completed a 699.1 million-dirham capital increase after investor demand exceeded the number of shares on offer.
The bank issued 745,285 new...
Ithmar Capital agrees governance partnership with Philippine sovereign wealth fund
Ithmar Capital has signed a partnership with Maharlika Investment Corporation (MIC), the sovereign wealth fund of the Philippines, to share expertise in sovereign wealth...
CIH Bank and Saham Bank complete MAD 500m private bond issue for SOMAGEC
SOMAGEC has raised MAD 500m through a private bond sale to help pay for its investment plan over the next five years.
The company sold...
One of the world’s largest cargo ships begins regular stops at Tanger Med
One of the world's biggest container ships has started making regular stops at Tanger Med. The CMA CGM NOTRE DAME arrived on Monday at...
TGCC wins contract to build Marrakech high-speed rail station
TGCC has won a 562.7 million dirham contract to build the Marrakech-Guéliz railway station and a maintenance centre for the Kenitra-Marrakech high-speed rail line.
The...
ONCF opens MAD 189m tenders for stations on high-speed rail line
ONCF has launched two new contracts worth nearly MAD 189m for the Kenitra-Marrakech high-speed rail line as work continues on the MAD 96bn project...