Ryanair Inaugurates New Route between Ouarzazate, London
Irish airline Ryanair inaugurated on Tuesday a new route between Ouarzazate and London, which will operate at the rate of two flights a week as part of its 2023 summer program. The inaugural flight of...
BMCE Capital was named the best investment bank in Morocco in 2023
BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the “Best Investment Bank in Morocco in 2023” by the “International Investor Magazine”. This award confirms that BMCE...
OCP Group achieved a turnover of more than MAD 114.5 billion in 2022
The turnover of the OCP group has posted, for the year 2022, an increase of 36% compared to the previous year, to reach more than 114.5 billion dirhams. The company said that sales prices in...
Obaid Amrane appointed member of the European Commission’s High Level Expert Group
Appointment by the European Commission of Obaid Amrane, Managing Director of Ithmar Capital, as a member of the High Level Expert Group (HLEG) in charge of the reflection on the acceleration of sustainable financing...
MREs : transfers would be around 100 billion dirhams in 2022
taking into account the performance recorded since the beginning of the year, transfers from MREs should continue to progress to total nearly 100 billion dirhams over the whole of the year before returning to...
The Japanese Nippon Express strengthens in Morocco with the opening of a subsidiary
The Japanese group Nippon Express recently inaugurated its Moroccan subsidiary in Tangier. According to the top management of the group, the choice of Morocco for this establishment is explained by the fact that the kingdom...
Sitel Group and Majorel abandon their merger project
After the confirmation of the due diligence and the validation of the synergies expected at the end of this merger, the shareholders of the two companies ultimately did not reach an agreement on the...
BMCE Capital Investments launches an OPCC for Moroccan startups
BMCE Capital Investments, management company of OPCC (Undertakings for Collective Investment in Capital) of the BMCE Capital group, announced on Tuesday the launch of the Capital Venture Fund, its first OPCC fund in the...
OCP Group Announces its participation of 50% in GlobalFeed S.L.
OCP S.A., a world leader in phosphate products for plant and animal nutrition, has signed a definitive agreement under which OCP will initially acquire 50% of GlobalFeed S.L. from Fertinagro Biotech S.L., a leading...
Kitea doubled its sourcing in Morocco
The Minister of Industry and Trade, Ryad Mezzour, and the President and Founder of the KITEA Group, Amine Benkirane, signed a partnership agreement for the development of local sourcing, on Friday, September 23, 2022,...