Fipar and IFC invest in Retail Holding to drive international expansion
Retail Holding, a key player in the retail industry across Morocco, France, and Côte d'Ivoire, has bolstered its shareholder structure with the entry of new strategic investors. Fipar-Holding, a subsidiary of CDG Invest, and...
Alliances Développement Immobilier’s : A remarkable story of growth and resilience
Alliances Développement Immobilier (ADI), the real estate group founded by Alami Lazraq, has made an extraordinary recovery after coming close to bankruptcy. Over the past year, the company’s stock price has nearly tripled, and...
Chari launches its own core banking system, aiming for financial inclusion leadership
Chari, the Moroccan startup that has emerged as a leader in B2B e-commerce for consumer goods, has announced a significant milestone in its development strategy. The company, co-founded and led by CEO Ismael Belkhayat,...
ABL Aviation delivers Airbus A321neo to Jet2 with innovative leasing deal
ABL Aviation, an independent leader in aircraft asset management, successfully completed the delivery of an Airbus A321neo to British airline Jet2 on August 28, 2024. This transaction was facilitated through a Japanese Operating Lease...
Souad Benbachir joins Cartier Saada’s board of directors and audit committee
During Cartier Saada’s General Assembly on September 4, Souad Benbachir was appointed as a board member for a four-year term. She will serve in this capacity until the next General Assembly in charge of...
CaixaBank targets growth in Morocco with focus on 2030 World Cup
CaixaBank, Spain’s largest bank, has reaffirmed its long-term commitment to Morocco during a visit by its CEO, Gonzalo Gortázar. Present in Morocco for 15 years, the bank aims to double its business with Spanish...
Outsourcia appoints Chloé Beauvallet as new CEO
Outsourcia Group has announced the appointment of Chloé Beauvallet as its new Chief Executive Officer, effective September 12, 2024. She will work alongside Youssef Chraibi, the group’s President and Founder. In her new role, Chloé...
Listed companies in Morocco record 4.4% revenue growth in H1 2024
The aggregated revenues of Morocco's listed companies reached 157 billion dirhams (MMDH) in the first half of 2024 (H1-2024), reflecting a 4.4% increase compared to the same period in 2023, according to a recent...
CDG Capital increases capital by 100 million MAD to fuel growth
CDG Capital, a subsidiary of the Caisse de Dépôt et de Gestion (CDG), has bolstered its capital by 100 million MAD, bringing total capital increases to 250 million MAD since 2020. This strategic move...
CDG Invest and Al Mada Venture Cap to co-own ‘Userguest BV’
CDG Invest and Al Mada Venture Cap are set to jointly take control of the Dutch company Userguest BV, which specializes in IT services for the hotel industry. The deal has been submitted to...