New era for Megaflex: Dislog group secures majority ownership
This Friday, Dislog Group announced an agreement with Nacer Amrani, founder and principal shareholder of Megaflex SARL, to acquire a 75% majority stake in the company, with the potential to reach 100% ownership by...
Centrale Danone appoints Hervé Orama Barrere as new CEO
Centrale Danone has announced the appointment of Hervé Orama Barrere as the new CEO, effective July 1, 2024. Previously, Barrere served as the General Manager of Danone South Africa, with his role expanding to...
The 6th “Industry Meeting Morocco” kicks off in Tangier
Today, Tangier is abuzz with the launch of the 6th edition of Industry Meeting Morocco, themed "The New Industrial Era Driven by Sovereignty." This event brings together a distinguished assembly of experts, institutional representatives,...
Accor group plans extensive expansion in Moroccan market
During a meeting held Thursday in Rabat, Accor’s CEO, Sébastien Bazin reaffirmed Accor’s confidence in Morocco’s burgeoning tourism sector. He expressed the group's enthusiastic intention to not only bolster its existing footprint but also...
Changan’s spectacular debut in Morocco: 100 cars sold in first month !
Changan, the Chinese automobile brand renowned for its Italian design, shows its potential to become a dominant force in the region's automotive landscape, combining cutting-edge technology with sleek, innovative design to appeal to a broad...
Pharmaceutical association LEMM appoints new leadership team
A new executive board has been established following the annual general meeting on June 27 for the professional association Les Entreprises du Médicament au Maroc (LEMM). Sanaa Sayagh, representing Roche, has been elected president,...
Trading surge: IAM tops wednesday’s session amidst legal battles
Itissalat Al-Maghrib emerged as the most active stock in Wednesday's trading session, with a transaction flow of 33.3 million dirhams (MAD). Attijariwafa Bank secured the second spot with a volume of 26.13 million MAD,...
How “Relex” is powering LabelVie’s supply chain revolution…
LabelVie, the franchise owner of Carrefour in Morocco, aims to optimize forecasting and replenishment for its 180 stores and 8 distribution centers. With the innovative solution from Relex, LabelVie is embarking on a major...
Attijariwafa Bank’s & KPMG “Immersive Fintech Day”: blockchain, AI, and more…
Attijariwafa Bank, through its innovation entity Wenov, and KPMG SASU Morocco have successfully launched the "Immersive Fintech Day," a landmark event for the Moroccan fintech ecosystem. This initiative underscores Attijariwafa Bank’s commitment to fostering...
Sofac and Auto Hall launch major securitization initiative with “FT Auto Mobility” fund
The "FT Auto Mobility" Collective Investment Fund in Securitization has received approval for the information document related to its first subsequent issuance, as announced by the Moroccan Capital Market Authority (AMMC) on Tuesday. This...