Finance & Business

Al Barid Bank and FM6SS forge strategic partnership for mutual growth

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In a landmark agreement, Al Barid Bank and the Mohammed VI Foundation for Science and Health (FM6SS) have entered into a collaboration aimed at fostering innovation and driving mutual interests. This memorandum of understanding,...

The M Tower: A new architectural landmark rising in Casablanca

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The Casablanca skyline is about to gain a dazzling new feature with the arrival of The M Tower, an iconic skyscraper set to redefine luxury real estate in Morocco’s economic hub. Standing at an...

Stellantis Maroc ‘Jeep & Fiat’ opens a new showroom in Casablanca’s Maarif district

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Stellantis Maroc has taken a bold step forward in reshaping the automotive experience in Morocco. The group recently unveiled a sleek, state-of-the-art showroom in Casablanca’s bustling Maarif district. Dedicated to the legendary Jeep®, Fiat,...

SPE Capital invests MAD 450 million in Dislog Group’s growth journey

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SPE Capital Partners has finalized its strategic investment in Dislog Group, Morocco’s leader in distribution and logistics. With approval from the Competition Council, the transaction, valued at MAD 450 million, was completed through SPE...

Aluminium du Maroc finalizes merger with Industube

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The Extraordinary General Assembly of Aluminium du Maroc, chaired by Abdeslam El Alami, convened on November 14, 2024, marking a pivotal moment in the company’s development strategy. During the meeting, shareholders unanimously approved the...

JET Contractors plans 1 billion MAD bond program: Shareholders to decide

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JET Contractors has announced an Ordinary General Assembly scheduled for December 16, 2024, at 3:00 PM. The meeting will take place at the company’s plant in Oued Ykem, with shareholders convening to discuss and...

Moroccan small and medium-sized enterprises : Forgotten engines of growth

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Small and medium-sized enterprises (SMEs) are the backbone of Morocco’s economy, making up over 95% of the country’s business landscape. These enterprises are crucial in driving employment, economic growth, and reducing regional disparities. Yet,...

Al Barid Bank unveils E-zy: A digital platform designed for today’s youth

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Al Barid Bank has announced the launch of E-zy, a fresh digital platform tailored specifically to meet the needs of younger customers. This forward-thinking move reflects the bank's commitment to adapting to an increasingly...

OCP secures €200 million EBRD loan to drive sustainable water solutions in Morocco

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The European Bank for Reconstruction and Development (EBRD) has granted a €200 million loan to Morocco’s OCP Group, a global leader in phosphates and fertilizers, to support the construction of two large-scale seawater desalination...

BCP’s Upline Investment unwinds aging assets ahead of new fund launch

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In the countdown to its latest investment vehicle launch, Upline Investment, the private equity arm of Morocco's Banque Centrale Populaire (BCP), is fast-tracking the sale of several long-standing assets. Over a decade after establishing...

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