AtlantaSanad Assurance and Auto24 unite to revolutionize used car buying
AtlantaSanad Assurance, a prominent player in the Moroccan insurance sector, has joined forces with Auto24, the leading used car sales company in Morocco, to offer a comprehensive and competitive service to used car customers. Innovative...
Moroccan Competition Council (CCM) announces new headquarters
The Moroccan Competition Council (CCM) has announced a change of address for its headquarters, effective July 1, 2024. The Council's new location will be at the intersection of Avenue Azzaytoune and Mohammed Al Yazidi, Hay...
Crédit du Maroc and Mastercard partner to propel digital transformation in Morocco
Crédit du Maroc and Mastercard have entered into a strategic partnership to introduce cutting-edge technologies, accelerate the bank’s digital transformation, and offer tailored solutions to customers. This collaboration underscores Crédit du Maroc's dedication to...
Morocco, a key hub for Stellantis’ automotive investments (Spanish newspaper)
Morocco has become a prime destination for automotive giant Stellantis, according to the Spanish specialized magazine Híbridos y Eléctricos. In response to growing competition, Stellantis has strategically chosen Morocco as the country with the...
CNOPS board approves AMO public sector accounts certification and urges reforms
The Board of Directors of the National Fund for Social Security Organizations (CNOPS) has approved the unreserved certification of the AMO Public Sector accounts for 2023. The board emphasized the importance of protecting the...
Key highlights from AMMC’s Q1 2024 report on stock market
The Moroccan Capital Market Authority (AMMC) has released its report on the profile of stock market investors for the first quarter of 2024, revealing several key trends: Collective investment schemes lead the market: Collective...
Bank credit in Morocco reaches 1.096.9 billion dirhams by May 2024
Bank credit in Morocco has climbed to 1.096.9 billion dirhams (MMDH) by the end of May 2024, reflecting an annual increase of 4.6%, as reported by Bank Al-Maghrib (BAM). For private non-financial companies, however, bank...
BANK OF AFRICA crowned Morocco’s most beloved brand in the “Brand Africa 100”
On June 26, 2024, BANK OF AFRICA was honored as the most appreciated Moroccan financial services brand in the prestigious Brand Africa 100 rankings. The fifth Moroccan edition of Brand Africa 100 Morocco’s Best...
Hassan Laaziri takes the helm at AMIC
The Moroccan Private Equity Association (AMIC) has announced the appointment of a new Board of Directors, unanimously electing Hassan Laaziri as the new President. He succeeds Hatim Ben Ahmed. Hassan Laaziri, currently the CEO of...
Key highlights from Bank Al-Maghrib’s weekly indicators (June 20-26, 2024)
1. Dirham appreciation The Moroccan dirham appreciated by 0.9% against the euro and by 0.37% against the US dollar during this period. 2. Foreign exchange market No foreign exchange auction operations were conducted in the...