Risma sells Casablanca luxury hotel for $45m to Pickalbatros
Risma has sold the Sofitel Casablanca Tour Blanche to a subsidiary of the Pickalbatros Group for MAD 450m. Risma said the sale is part of...
UnionPay opens Casablanca Finance City hub to grow Africa operations
UnionPay International has chosen Morocco as its base for Africa after its local subsidiary received Casablanca Finance City status. The status places the company...
Morocco could create 1.7 million jobs by 2035, says World Bank report
Morocco could create up to 1.7 million jobs by 2035 if it speeds up economic reforms, according to new reports from the World Bank...
Crédit Agricole du Maroc to train financial literacy to 10,000 farmers in Morocco
Crédit Agricole du Maroc and the Ministry of Agriculture signed an agreement to help rural farmers learn basic financial skills such as budgeting, saving,...
TAQA Morocco energy and water project still in planning stage after one year
A large energy and water programme in Morocco, valued at about 130bn dirhams, is still in the planning phase one year after it was...
Crédit du Maroc shareholders approve 2025 results after profit jumps 16.5%
Crédit du Maroc has signed off its 2025 results after a shareholder meeting in Casablanca confirmed higher profits, a dividend and new plans to...
Morocco enters top five frozen raspberry suppliers to Netherlands
Morocco is now one of the top five suppliers of frozen raspberries to the Netherlands in 2025, as its exports in the sector continue...
Morocco retail sector reforms: 100,000 shops to gain card payment systems
A corner shop in Morocco may soon look a little different. Instead of only cash, many will start accepting card payments and offering basic...
Ayrad Group takes control of CMT after $130m OSEAD Fund takeover in Morocco
A major Moroccan mining company is changing hands after a $130m deal that clears old legal problems and sets up a possible full takeover....
Instant bank transfers go live on Cash Plus Mobile app
Cash Plus has introduced instant bank transfers through its Cash Plus Mobile app, allowing people to send and receive money at any time of...