Finance & Business

Founder Institute expands to Morocco to empower local entrepreneurs

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The renowned global start-up accelerator, Founder Institute, is bringing its expertise to Morocco to support ambitious entrepreneurs in turning their innovative ideas into successful businesses. This intensive program, tailored to the local context, offers high-level...

Barid Al-Maghrib launches major project to regularize real estate assets

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Barid Al-Maghrib has embarked on a significant initiative to regularize its extensive real estate portfolio, which is divided into two distinct phases. The goal of this project is to resolve the legal and technical...

LabelVie records strong H1 2024 growth with 3.9 billion DH in Q2 revenue

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LabelVie demonstrated remarkable resilience and agility in the first half of 2024, achieving impressive results despite economic challenges, including pressures on household purchasing power. The group reported a significant increase in revenue, reaching 3.9...

EDGE Business School expands internationally with first campus in Mauritania

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The Moroccan business school EDGE Business School has announced a significant milestone in its growth with the opening of its first international branch in Nouakchott, Mauritania. This expansion aligns with Morocco's royal vision to...

Unimer reports resilient H1 results with strategic investments and debt reduction

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Unimer, a key player in Morocco's seafood industry, achieved a revenue of 557 million dirhams in the first half of 2024. Although this figure represents a slight decline compared to the previous year, it...

Marsa Maroc sees 17% revenue growth in H1 2024 amid surge in cargo traffic

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Marsa Maroc reported a robust consolidated revenue of over 2.48 billion dirhams (MMDH) for the first half of 2024, marking a 17% increase compared to the same period last year. This growth was driven...

Immorente Invest posts 10% revenue increase in Q2 2024

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Immorente Invest reported a significant boost in its revenue for the second quarter of 2024, reaching 20.2 million dirhams (MDH), a 10% increase compared to the same period last year. This growth is largely...

HPS completes acquisition of Irish fintech firm CR2

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HPS (CSE: HPS), a Moroccan firm and a leading global provider of payment software and solutions, has announced the completion of its acquisition of 100% of the share capital of CR2 Limited, an Irish...

Mahindra expands further in Morocco with new showroom opening in Oujda

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Mahindra continues its strategic expansion in Morocco with the inauguration of a new showroom in Oujda, marking a significant step in the brand's growth across the country. Starting from August 22, 2024, residents of the...

Auto Hall reports 10% revenue growth, reaches 2.42 billion dirhams in H1 2024

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Auto Hall, a leading Moroccan automotive distributor, recorded a consolidated revenue of 2.42 billion dirhams (MMDH) by the end of June 2024, marking a 10% increase compared to the same period last year. This positive...

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