Maghreb Oxygène boosts revenue by 3.2% in first half of 2024
On September 23, 2024, Maghreb Oxygène’s Board of Directors reviewed the company’s operational and financial performance for the first half of the year. The company showed promising growth across several key metrics, including revenue...
BMCI successfully raises 1.5 billion dirhams through bond issuance
On September 24, 2024, the Moroccan Bank for Trade and Industry (BMCI) concluded a successful issuance of subordinated bonds, securing a total of 1.5 billion dirhams. The operation, open for subscription from September 12...
Marsa Maroc to manage terminals 1 and 5 at Benin’s Port of Cotonou
Bénin Manutentions S.A and Marsa Maroc, the Moroccan leader in port management, have solidified their strategic partnership with the signing of a delegated management agreement for Terminals 1 and 5 of the Port of...
Managem secures full acquisition of Sound Energy Morocco East Limited
The Competition Council, chaired by Ahmed Rahhou, gave its approval on September 23 for Managem Group to acquire 100% of the capital and voting rights of Sound Energy Morocco East Limited. This acquisition allows...
LabelVie Group sets its sights on a Guinness World Record!
The LabelVie Group is preparing to make history with an extraordinary feat: setting a Guinness World Record for the largest assortment of mille-feuille pastries ever displayed in a supermarket. This groundbreaking event will take...
BANK OF AFRICA introduces Apple Pay for enhanced payment security
BANK OF AFRICA is now offering its customers Apple Pay, a secure and private payment method that allows users to avoid handing over their payment cards, touching physical buttons, or exchanging cash. Apple Pay...
Unimer adapts to sardine shortage with mixed results in H1 2024
The Board of Directors of Unimer SA convened on Friday, September 20, 2024, under the chairmanship of Mehdi Alj to review the company's financial statements for the first half of 2024.
Performance overview
In the first...
AtlantaSanad reports steady growth, achieving 261 Million MAD in net profit
The Board of Directors of AtlantaSanad met on Monday, September 23, 2024, under the chairmanship of Mohamed Hassan Bensalah, to review the company's activities and approve its semi-annual financial statements. As of June 30, 2024,...
OCP reports 15% revenue growth in H1 2024, driven by export demand
The OCP Group delivered a strong financial performance in the first half of 2024, reporting revenues of 43.24 billion dirhams, a 15% increase compared to the same period in 2023. This growth was primarily...
Maroc Telecom poised for 24% upside, AGR recommends buying
Attijari Global Research (AGR) has raised its target price for Maroc Telecom’s stock to 117 dirhams, forecasting a potential 24% growth by 2025. This optimistic outlook is based on the company’s demonstrated resilience amid...