Aradei Capital to fully acquire Akdital Immo for 268 million dirhams
After acquiring a 51% stake in Akdital Immo in January 2022, Aradei Capital is now set to purchase the remaining shares from the two co-founders: Akdital (31.85%) and BFO Foncière (17.15%). The total value...
Outsourcia Maroc awarded “Feel Good Company” label for 2th consecutive year
Outsourcia Maroc has once again earned the prestigious "Feel Good Company" label during the 2024 Employer Brands ceremony organized by Rekrute. This marks the second consecutive year the company has received this recognition. The ceremony...
Canadian aerospace giant Shimco breaks ground on new plant in Casablanca
Shimco, a world-renowned Canadian manufacturer specializing in aerospace and defense components, has begun construction on a new facility in Casablanca's Nouaceur Free Zone. Spanning 15,000 square meters, this state-of-the-art plant is expected to be operational...
Moroccan real estate market sees steady growth in early 2024
The Property Price Index (IPAI) recorded a 0.8% year-on-year rise in the first quarter of 2024, according to reports from Bank Al-Maghrib (BAM) and the National Land Registry, Cadastre, and Cartography Agency (ANCFCC). This increase...
Moroccan stock market anticipates double-digit growth in 2024
The Moroccan stock market is benefiting from a robust dynamic, bolstered by a favorable environment and promising prospects. One notable factor is the organization of the World Cup, which has invigorated several sectors, opening...
Sanlam Morocco announces 2023 financial success and board reshuffle
Sanlam Morocco gathered its shareholders for its Annual General Meeting, highlighting the approval of the 2023 financial results and the endorsement of comprehensive financial reports. Financial performance and reports endorsed In a significant move, shareholders at...
Red Med Securities introduces PEA-RMS with attractive launch discounts
Red Med Securities, a leading figure in the stock market, has unveiled its "Plan d’Épargne en Actions" (PEA-RMS). This innovative investment plan is designed to offer investors a unique opportunity to enhance their savings...
Dacia Talk 2024: Redefining value in the Moroccan auto market
On Friday, June 7, Dacia Maroc hosted the 3rd edition of Dacia Talk, an event for engaging with the national press on specific themes related to the brand. This session, focusing on "best value...
Morocco’s financial market: A key player in Africa and MENA
Morocco is emerging as one of the foremost financial markets in Africa and the Middle East and North Africa (MENA) region, stated Antoine Sallé de Chou, Director for Morocco at the European Bank for...
Holmarcom Group finalizes acquisition of Crédit du Maroc
Holmarcom Group has completed the acquisition of Crédit Agricole S.A.'s remaining 15% stake in Crédit du Maroc, raising Holmarcom's total ownership to 78.7%. This follows the group's earlier purchase of a 63.7% stake in...