Managem sells Samine to Atlantic Tin: A strategic mining shift
Managem Group has announced the signing of an agreement with Titan Tin on May 29, 2024, to sell 100% of its shares in SAMINE....
GITEX 2024: CDG Invest and ACAPS commit to boosting insurtech
CDG Invest, the investment arm of Groupe CDG, and the Insurance and Social Welfare Supervisory Authority (ACAPS) have signed a partnership agreement to invigorate...
Tamwilcom and ACAPS unite to drive insurtech innovation in Morocco
The National Company for Business Guarantee and Financing (Tamwilcom) and the Insurance and Social Welfare Supervisory Authority (ACAPS) signed a groundbreaking partnership agreement on...
Cartier Saada: Revenue increases by 3.5% in 2023-2024
Cartier Saada's revenue reached 253.4 million dirhams (MDH) for the 2023-2024 fiscal year, marking a 3.5% increase compared to the previous fiscal year.
As of...
Sothema sells its shares in Azerys for 35 million dirhams
The Moroccan Therapeutic Company, Sothema, has announced the signing of a contract to sell its entire 51% stake in its subsidiary Azerys for 35...
CTM raises funds to acquire 51% of Africa Morocco Link
The Moroccan Transport Company (CTM) has successfully completed a private bond placement, raising a total of 300 million dirhams from qualified investors. This strategic...
Italian group NUTI IVO to establish modern tannery in Morocco
On Tuesday, May 28, 2024, in Rabat, a Memorandum of Understanding was signed with the Italian tannery group NUTI IVO for the creation of...
RTX’s Pratt & Whitney Canada starts the construction of its new facility in Casablanca
Pratt & Whitney Canada, an RTX (NYSE: RTX) business, hosted the ceremonial inauguration of the company’s new manufacturing facility – Pratt & Whitney Maroc...
Moroccan HPS acquires Ireland’s CR2 to strengthen global payment solutions
HPS (Hightech Payment Systems), a leading Moroccan company in payment solutions, is furthering its international expansion with the acquisition of CR2 Limited, a world-renowned...
Morocco’s bold move towards E-Fuels: Minister Benali calls for agile ecosystem
Leila Benali, Morocco’s Minister of Energy Transition and Sustainable Development, has made a strong case for the establishment of an integrated and agile ecosystem...