Morocco’s listed companies are ramping up social responsibility efforts, with banks and industries leading the ESG transformation.

Key highlights from AMMC’s Q1 2024 report on stock market

The Moroccan Capital Market Authority (AMMC) has released its report on the profile of stock market investors for the first quarter of 2024, revealing...
Morocco’s bank lending hits 1.16 trillion dirhams amid shifting credit trends

Bank credit in Morocco reaches 1.096.9 billion dirhams by May 2024

Bank credit in Morocco has climbed to 1.096.9 billion dirhams (MMDH) by the end of May 2024, reflecting an annual increase of 4.6%, as...

BANK OF AFRICA crowned Morocco’s most beloved brand in the “Brand Africa 100”

On June 26, 2024, BANK OF AFRICA was honored as the most appreciated Moroccan financial services brand in the prestigious Brand Africa 100 rankings....

Hassan Laaziri takes the helm at AMIC

The Moroccan Private Equity Association (AMIC) has announced the appointment of a new Board of Directors, unanimously electing Hassan Laaziri as the new President....
Bank Al-Maghrib becomes 17th member of Africa’s cross-border payment system

Key highlights from Bank Al-Maghrib’s weekly indicators (June 20-26, 2024)

1. Dirham appreciation The Moroccan dirham appreciated by 0.9% against the euro and by 0.37% against the US dollar during this period. 2. Foreign exchange...

Morocco’s money supply grows by 4.3% in May

According to Bank Al-Maghrib (BAM), Morocco's money supply, measured by the M3 aggregate, reached 1.779.6 billion dirhams in May, marking a 4.3% year-on-year increase,...
Private equity in Morocco hits 15.7 billion dirhams in 2024

Moroccan tax audits yield 5.8 billion dirhams in 2023 !

The General Directorate of Taxes (DGI) has announced that on-site tax audits in 2023, covering 5,793 cases, generated a substantial revenue of 5.8 billion...

Marchica Med and HB Holding NV sign MoU for landmark development

A memorandum of understanding (MoU) has been signed between Marchica Med, a subsidiary of the Agency for the Development of the Marchica Lagoon, and...

Young entrepreneurs honored at Al Mada foundation awards

The Young Entrepreneurs Awards, organized by the Al Mada Foundation, were presented on June 28, 2024, under the leadership of Mr. Hassan Ouriagli, President...

LabelVie unveiled ambitious vision for 2028 at “Capital Market Day”

LabelVie Group recently hosted its Capital Market Day, a dedicated event to present its vision for 2028 and development strategy. "We are delighted to have...

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