Sound Energy and Getech join forces to unlock Morocco’s hydrogen potential
On October 28, Sound Energy and Getech Group Plc announced a new partnership focused on uncovering Morocco’s natural reserves of hydrogen and helium. This...
Moroccan banks’ liquidity requirements surge to MAD 131 billion in Q3 2024
The average weekly liquidity needs of Moroccan banks reached a high of MAD 131.4 billion during the third quarter of 2024, a notable increase...
Orange Maroc and Chari.ma join forces to boost digital inclusion for small retailers
In a major step toward advancing Morocco’s digital economy, Orange Maroc, a key player in telecommunications, and Chari.ma, a digital platform designed for local...
Supéco to open 11 new stores in Casablanca, expanding Carrefour’s discount
Carrefour's discount chain, Supéco, is accelerating its growth in Morocco with the inauguration of 11 new stores in Casablanca on Tuesday, October 29, 2024....
Over 54,000 new businesses launched in Morocco in first 7 months of 2024
The number of newly registered businesses in Morocco reached 54,643 in the first seven months of 2024, according to data from the Moroccan Office...
Attijari Global Research reports balanced money market and steady bond demand
Here are the key insights from Attijari Global Research’s "Weekly Hebdo Taux - Fixed Income" report (Oct 18-24):
Money market overview:
Stable market conditions: The...
Casablanca Finance City to lead global financial alliance in 2025
Starting January 1, 2025, Casablanca Finance City (CFC) will take on the presidency of the World Alliance of International Financial Centers (WAIFC), succeeding Japan’s...
Holding Al Omrane projects profit boost to 254 million dirhams in 2025
Morocco’s state-owned real estate giant, Holding Al Omrane (HAO), is on track for a strong performance in the coming years, with projected net earnings...
CDG Group sets ambitious $4.9 billion investment for 2025 with ‘CAP 2030’ vision
Morocco’s Caisse de Dépôt et de Gestion (CDG) is setting an impressive investment goal of nearly 4.9 billion dirhams ($475 million USD) for 2025...
Morocco’s 1st gigafactory breaks ground in Kénitra: A milestone for electric mobility
Morocco has officially commenced construction on its first electric vehicle battery Gigafactory in Kénitra, positioning itself as a significant player in Africa’s green mobility...