Finance & Business

Residences Dar Saada: Revenue reaches MAD 54 Million in Q1-2024

The Residences Dar Saada Group achieved a consolidated revenue of MAD 54 million during the first quarter of 2024 (Q1-2024), compared to MAD 51 million during the same period in 2023, representing a 6%...

TotalEnergies Morocco: Revenue of MAD 4.22 billion in Q1-2024

The consolidated revenue of TotalEnergies Marketing Morocco amounted to MAD 4.22 billion in the first quarter of this year, compared to MAD 4.34 billion in the same period last year. Regarding sales in the first...

Fenie Brossette boosts revenue to 155 MDH in Q1 2024

Fenie Brossette, a leading company in the construction and public works sector (BTP), reported a consolidated quarterly revenue of 155 million dirhams (MDH) for the first three months of 2024. This marks a 3%...

Sofac reports 4% increase in net banking income for Q1 2024

Sofac reported a robust performance in the first quarter of 2024, with a 4% growth in its social net banking income (NBI), reaching 172 million dirhams. This increase highlights the company's ability to sustainably...

Les Eaux Minérales d’Oulmès: Revenue up 20% in Q1 2024

Les Eaux Minérales d’Oulmès (LEMO) recorded a 20.2% increase in revenue for the first quarter of 2024, reaching 543.8 million dirhams (MDH). "This performance comes amidst a complex macroeconomic environment and unstable geopolitical context," the...

Etihad Airways and Royal Air Maroc expand partnership

Etihad Airways and Royal Air Maroc (RAM) have signed a Memorandum of Understanding (MoU) to enhance their collaboration and strengthen their commercial and operational ties, benefiting their customers. This agreement highlights the commitment of...

Addoha Group reports record-breaking first quarter for 2024

Addoha Group has reported outstanding results for the first quarter of 2024, with pre-sales up by 3% compared to the same period in 2023. This has secured revenues close to 9 billion dirhams. Morocco...

Accelerating investments: Crédit du Maroc’s strategic summit

In line with its ongoing series of investment meetings, Crédit du Maroc hosted a significant event in Casablanca on Thursday, May 30, under the theme "New Mechanisms to Accelerate Your Investments." The event gathered...

FNACAM : 8th meeting of insurance agents and brokers in Morocco

The 8th annual meeting of the National Federation of Agents and Brokers of Morocco (FNACAM) is set to take place on June 6th in Casablanca. This year's event will focus on the theme "The...

OCP Group achieves strong performance in Q1 2024

The OCP Group reported a remarkable revenue of 19.58 billion dirhams (MMDH) by the end of March 2024, up from 18.28 billion dirhams during the same period last year. This increase reflects another quarter...

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