BKGR recommends accumulating Label Vie with a 13% upside potential
BKGR has recently revised its stance on Label Vie, recommending investors accumulate the stock with a target price of 4,873 Dh, representing a 13% potential increase from the July 11, 2024, price. Ambitious development plan This...
Managem advances in acquisition of “Sound Energy Morocco East”
Managem has reached a critical milestone in its acquisition of Sound Energy Morocco East (SEME), a subsidiary of Sound Energy. The company's board of directors has given final approval, solidifying the agreement announced on...
Akdital leads stock market following major announcement with Aradei Capital
Akdital emerged as the most active stock in Monday's trading session, following a significant announcement regarding its strategic collaboration with Aradei Capital. This development was reflected in Akdital's transaction volume, which reached 11.39 million...
Morocco sees 8.6% rise in new bank accounts for 2023 !
In 2023, a total of 3.3 million new bank accounts were opened, reflecting an 8.6% increase from the previous year, according to Bank Al-Maghrib (BAM). BAM's statistics for bank accounts as of the end of...
ICSID awards $150 million to “Corral” and rejects most claims in “Samir” case
The International Centre for Settlement of Investment Disputes (ICSID) rejected most of the claims made by Corral Morocco Holding, which totaled $2.7 billion, granting the company only $150 million—less than 6% of the amount...
PwC Maghreb welcomes Ophélie Prieur as new strategy and management partner
PwC Maghreb, with its regional headquarters in Casablanca, has announced the appointment of Ophélie Prieur as a new partner in Morocco, effective July 1. She will lead the strategy and management consulting activities, with...
Moroccan software specialist HPS expands to Australia
Moroccan software and payment solutions specialist HPS is extending its global reach by establishing a new entity in Sydney, Australia. This strategic move aims to bolster the group's presence in the Asia-Pacific region, underscoring...
SOMAS expands butane storage with new facility in Mohammedia
The Moroccan Storage Company (SOMAS) inaugurated its fourth butane gas storage cavern in Sidi Larbi, a rural commune in Sidi Moussa Ben Ali, Mohammedia, on Friday. The event was attended by notable figures, including...
Anfa Blue Living: Redefining luxury living in Casablanca
Grand Tower Investment’s new luxury real estate project, Anfa Blue Living, spans 14 hectares in the Ain Diab Extension area. Overlooking the ocean, this exclusive address promises a unique living experience, setting new standards...
Thibault Paland steps up as new director of Renault Group Maroc and Dacia Maroc
Renault Group Maroc and Dacia Maroc have announced the appointment of Thibault Paland, effective September 1, 2024. He will report directly to Xavier Martinet, Director of Marketing, Sales, and Operations for Dacia. Thibault Paland will...