Finance & Business

TGCC reports 30% revenue growth in first half of 2024

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TGCC (Travaux Généraux de Construction de Casablanca), a global leader in industrial, public, and building construction, achieved an operating revenue of nearly 3.8 billion dirhams (MMDH) in the first half of 2024, marking a...

Résidences Dar Saada sees surge in pre-sales, secures 10,952 units in H1 2024

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Résidences Dar Saada achieved an impressive pre-sales level of 10,952 units in the first half of 2024, a dramatic increase from 1,123 units during the same period in 2023. This surge is largely attributed...

Jet Contractors reports 46.6% revenue surge in H1 2024

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Jet Contractors has reported a significant increase in its consolidated revenue, which surged by 46.6% to over 1.45 billion dirhams (MMDH) in the first half of 2024. This remarkable growth highlights the company’s strong...

BCP Group sees 9% increase in net banking income

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The Banque Centrale Populaire (BCP) Group recorded a net banking income (PNB) of 12.8 billion dirhams (MMDH) by the end of June 2024, reflecting a 9% increase compared to the same period in the...

BMCE Capital Gestion retains top ‘Excellent’ rating from Fitch

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In July 2024, Fitch Ratings confirmed BMCE Capital Gestion’s national investment management quality rating (IMQR) at ‘Excellent (mar)’ with a Stable Outlook. This rating underscores the firm’s overall stability and its continued excellence in...

Moroccan banks shine in 2024 arab banking rankings !

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The 2024 rankings by The Banker magazine highlight the impressive performance of Moroccan banks, with eight of them securing spots among the top 100 in the Arab world. Attijariwafa Bank stands out by climbing...

Roche Bobois unveils a stunning flagship store in Casablanca !

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Roche Bobois, a name synonymous with luxury furniture, has solidified its presence in Morocco since 2002 and now unveils its highly anticipated flagship store in Casablanca. Located in the prestigious Anfa district, this new...

Maghreb Steel posts 2.55 billion DH revenue in H1 2024

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Maghreb Steel achieved a revenue of over 2.55 billion dirhams (MMDH) by the end of June 2024, up from 2.43 billion dirhams in the same period the previous year. In the second quarter alone,...

Fonds d’Equipement Communal (FEC) maintains steady net banking income in H1

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The Fonds d'Equipement Communal (FEC) reported a net banking income (NBI) of 326 million dirhams (MDH) for the first half of 2024, maintaining a level comparable to the same period in the previous year. Loan...

ADM records 30.1% revenue Growth in H1 2024 !

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The National Company of Motorways of Morocco (ADM) achieved a consolidated revenue of over 2.58 billion dirhams (MMDH) by the end of June 2024, marking a significant 30.1% increase compared to the same period...

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