LabelVie unveiled ambitious vision for 2028 at “Capital Market Day”
LabelVie Group recently hosted its Capital Market Day, a dedicated event to present its vision for 2028 and development strategy. "We are delighted to have organized this Capital Market Day, a prime opportunity to share...
FIAD2024: Attijariwafa Bank honors top innovators and entrepreneurs
The 7th edition of the International Africa Development Forum (FIAD), organized by Attijariwafa Bank and supported by Al Mada, continues into its second day under the High Patronage of His Majesty King Mohammed VI. The...
Moroccan banks face rising liquidity needs in early 2024
The liquidity requirements of Moroccan banks intensified, reaching an average weekly need of 111.6 billion dirhams (MMDH) in the first quarter of 2024, up from 100.9 MMDH in the previous quarter, according to Bank...
Attijariwafa Bank announces 7th FIAD edition: “Here, we invest!”
"Here, we invest!" This bold and resonant slogan from Attijariwafa Bank underscores its commitment to becoming a key economic player in Africa. This powerful message sets the tone for the 7th edition of the...
Aradei Capital’s recent capital increase draws over 1.12 billion dirhams
Aradei Capital has successfully completed a significant capital increase, raising over 1.12 billion dirhams—4.52 times the initial target. This impressive fundraising of 250 million dirhams will support the real estate company's ambitious growth plan. The...
Annual meeting highlights: ALUMINIUM DU MAROC to distribute 90 MAD per share
The shareholders of ALUMINIUM DU MAROC gathered for their Annual General Meeting on June 25, 2024, at 10:30 AM at the company’s headquarters located in the Mghogha Industrial Zone, Route de Tétouan, Allée 2,...
Significant changes announced at Marsa Maroc’s shareholders’ meeting
In a transformative series of decisions made during Marsa Maroc's Ordinary and Extraordinary General Meetings held on Tuesday, June 25, 2024, several critical changes have been set in motion. During the Extraordinary General Meeting, convened...
Western Union and Cash Plus open first African concept store in Casablanca
Western Union marked a significant milestone on June 26 by opening its first concept store in Africa, situated in the satellite town of Errahma near Casablanca. This innovative store, launched in partnership with Cash...
Expat remittances to Morocco set to break records in 2024
Moroccan expatriates (MRE) continue to boost the country's economy with record-breaking remittances projected to reach MAD 117.5 billion in 2024, marking a 1.9% increase, according to Bank Al-Maghrib (BAM). BAM's monetary policy report, published after...
Morocco’s official reserve assets expected to reach MAD 382 billion by end of 2024
According to Bank Al-Maghrib (BAM), Morocco's official reserve assets (ORA) are projected to strengthen, reaching MAD 382 billion by the end of 2024. This amount equates to approximately 5 months and 8 days of...