Casablanca Stock Exchange rallies investors with over MAD 82 billion since 2020
The Casablanca Stock Exchange has witnessed an impressive surge in activity since 2020, with six major IPOs (Initial Public Offerings) collectively raising 82.3 billion dirhams (MAD) in subscriptions and nearly 4.2 billion dirhams in...
Unimer’s official statement after drug bust: “We are victims”
In an explosive revelation, Moroccan fishmeal company Unimer has found itself at the center of a massive drug trafficking investigation after authorities seized 3.6 tons of cannabis resin (chira) hidden in a shipment of...
BMCE Capital Conseil achieves ISO 9001:2015 Veritas certification
BMCE Capital Conseil, the investment banking arm of BMCE Capital, has been awarded the ISO 9001:2015 certification for its Quality Management System. This prestigious recognition was granted by Bureau Veritas Maroc, highlighting the company’s...
CDG and EIB unite to drive sustainable development in Morocco
The Caisse de Dépôt et de Gestion (CDG) and the European Investment Bank (EIB) reaffirmed their long-standing partnership during a high-level workshop held today in Luxembourg. The strategic event brought together leaders from both...
Financial investors anticipate BAM’s december rate decision: Stalemate or stimulus?
With the upcoming monetary policy meeting scheduled for December 17, financial investors remain split on whether Bank Al-Maghrib (BAM) will maintain its key rate or implement a modest cut. A survey conducted by Attijari...
Auto Hall expands with a state-of-the-art facility in Tangier
Continuing its ambitious growth strategy, Groupe Auto Hall has unveiled a sleek, modern dealership in Tangier. This cutting-edge facility offers an extensive range of vehicles from renowned brands such as Ford, Opel, Mitsubishi, Seres,...
Marjane wins “Customer Service of the Year Morocco 2025” for the third year
Marjane has once again been crowned "Customer Service of the Year Morocco 2025" in the Retail category, marking its third consecutive win. This accolade was awarded during the 8th edition of the Customer Service...
PROMOPHARM reshapes leadership: Ma’moon Al Araideh steps down
PROMOPHARM, a key player in Morocco’s pharmaceutical sector, has announced a major leadership transition following its Ordinary General Assembly on November 13, 2024, at its headquarters in Had-Soualem. The company is embarking on a...
Holmarcom expands ambitions with IFC’s $135M investment boost
Holmarcom Finance Company (HFC), the financial arm of Morocco's Holmarcom Group, has announced a pivotal partnership with the International Finance Corporation (IFC). This deal, valued at 1.35 billion dirhams (approximately $135 million), is subject...
Atacadão expands to Nador: A bold step in its “Vision 2028” development plan
Atacadão, part of the LabelVie Group, continues its ambitious regional expansion with the grand opening of its latest store in Nador. Following the recent inauguration of its Kelaât Sraghna location on October 31, this...