Finance & Business

Attijariwafa Bank reports strong growth in H1 2024

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Attijariwafa Bank has reported solid growth for the first half of 2024, with consolidated net banking income (NBI) reaching 17 billion dirhams, marking a 16.6% increase (+19.5% at constant exchange rates) compared to the...

Eqdom achieves 14% growth in H1 2024

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Eqdom, a leading domestic and household equipment company, achieved a cumulative net production of over 1.45 billion dirhams (MMDH) during the first half of 2024, marking a 14% increase compared to the same period...

Ciments du Maroc reports 2 billion dirhams in consolidated revenue for H1 2024

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Ciments du Maroc achieved a consolidated revenue of nearly 2 billion dirhams (MMDH) during the first six months of 2024. However, the non-consolidated and unaudited revenue reached 1.78 billion dirhams by the end of...

CFG Bank reports 38% growth in net banking income for H1 2024

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CFG Bank has recorded a consolidated net banking income (NBI) of 424 million dirhams (MDH) for the first half of 2024, marking a 38% increase compared to the same period in the previous year. The...

Groupe Addoha reports strong H1 2024 results with 20% revenue growth

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Groupe Addoha has delivered solid results for the first half of 2024, reporting a 20% increase in revenue, which reached 1.7 billion dirhams. This impressive performance was driven by a particularly dynamic second quarter,...

Bank of Africa (BOA) reports 14% increase in H1 2024

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Bank of Africa (BOA) Group posted a consolidated net banking income (NBI) of over 9.58 billion dirhams (MMDH) in the first half of 2024, reflecting a 14% increase compared to the same period in...

OCP Group reports 15% revenue growth in H1 2024 amid strong market demand

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The OCP Group achieved a revenue of 43.248 billion dirhams (MDH) in the first half of 2024, marking a 15% increase compared to the same period last year. This performance underscores the group's resilience...

Attijariwafa Bank: Rachid El Bouzidi appointed head of CBAO Senegal

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After nearly nine years at the helm of Senegal’s largest bank, Mounir Oudghiri is passing the leadership baton to Rachid El Bouzidi. With 31 years of experience at Attijariwafa bank, El Bouzidi previously served...

Sonasid reports 4% decline in H1 2024 revenue amid global steel price pressure

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The Sonasid Group recorded a consolidated revenue of 2.437 billion dirhams (MMDH) by the end of June 2024, reflecting a 4% decrease compared to the same period last year. This decline is attributed to...

Maghrebail reports 7.1% revenue growth in H1 2024, solidifies market position

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Maghrebail, a leading player in Morocco's leasing finance sector, announced a revenue of over 2.02 billion dirhams (MMDH) for the first half of 2024, marking a 7.1% increase compared to the same period last...

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