TGCC buys majority stake in construction specialist Safettras
Moroccan construction group TGCC has agreed to buy a 51% stake in Safettras, a company that specialises in foundation and geotechnical works.
The move is...
BMCI Securities Services earns international certification
BMCI Securities Services has received the ISAE 3402 Type 2 certification, an international standard that confirms the effectiveness of its internal controls and operational...
Dakhla Atlantic Port now more than half built
Work on Morocco's future Dakhla Atlantic Port is now more than 60% complete, according to the Ministry of Equipment and Water.
The update shows that...
New Banque Populaire card disappears after a single online purchase
Banque Populaire has introduced a new digital payment card designed to make online shopping safer, as more customers turn to mobile banking and digital...
Visa Fintech Day in Rabat puts AI and digital payments in focus
People from across Morocco's financial and technology sectors gathered in Rabat this week for the third edition of Visa Fintech Day, with much of...
Mafoder opens Dakhla base to serve mining and construction projects in southern Morocco
Mafoder, a Moroccan industrial company that makes metal parts, construction materials and public infrastructure products, is opening a new subsidiary in Dakhla.
The move is...
More than 105,000 people benefit from Morocco’s housing aid scheme
More than 105,000 people have received financial help to buy a home under Morocco's Direct Housing Assistance Programme, according to the government.
The scheme, launched...
CIH Bank wins approval for MAD 1bn fundraising plan
Shareholders of CIH Bank have approved all resolutions presented at an extraordinary general meeting held on 22 May in Casablanca, including plans for capital...
Can Tamwilcom turn MAD 300bn in financing into real business growth?
Getting access to finance remains one of the biggest challenges for many Moroccan businesses. Tamwilcom says its new five-year strategy aims to help change...
EU backs Morocco with €348m to tackle water shortages
Morocco has secured €348m in European funding to help tackle growing water shortages and strengthen the country's water infrastructure.
The programme was launched in Rabat...