Abdelhak Khadraoui named CEO of Global Chinese Motors Morocco
Global Chinese Motors Morocco, a subsidiary of Bugshan Automotive Group, has announced the appointment of Abdelhak Khadraoui as its new CEO. This leadership change builds on Khadraoui’s impressive track record, particularly his instrumental role...
Sound Energy transfers key Moroccan assets to mining giant Managem
In a major development for Morocco's energy landscape, UK-based Sound Energy PLC announced on Wednesday, December 11, that it has sold part of its Moroccan assets to the mining heavyweight Managem. This strategic move...
Maroc Telecom: A groundbreaking initiative to boost stock market dynamics
Maroc Telecom has launched an ambitious share buyback program, designed to enhance its stock’s liquidity and deliver greater value to its shareholders. Running from April 15, 2024, to October 14, 2025, this initiative authorizes...
BCP: Strategic buyback program aims to boost shareholder value
The Banque Centrale Populaire (BCP) has unveiled a bold buyback program as part of its ongoing strategy to enhance shareholder value. Officially launched on July 15, 2024, the initiative is set to run until...
Tax overhaul in Morocco: CGEM’s 2025 agenda for business growth
The General Confederation of Moroccan Enterprises (CGEM) has unveiled a comprehensive review of its achievements in the ongoing discussions surrounding Morocco’s 2025 Finance Bill. Spearheaded by its Taxation and Customs Commission, the CGEM aims...
Mutandis raises 300 million dirhams through strategic bond issuance
Mutandis SCA has successfully raised 300 million dirhams via a private bond placement, marking a significant milestone in the company’s financial strategy. This move highlights the firm’s commitment to diversifying its funding sources and...
EQDOM announces key details for upcoming general assembly
EQDOM, a public limited company with a share capital of 167,025,000 dirhams, has invited its shareholders to attend the Ordinary General Assembly, scheduled for Thursday, January 16, 2025, at 11:00 AM. The meeting will...
RCI Finance Maroc completes successful 400 million MAD bond issue
RCI Finance Maroc has successfully concluded a private bond placement, raising a total of 400 million Moroccan dirhams (MAD). This initiative saw the issuance of 4,000 ordinary bonds, exclusively subscribed by qualified investors. The issued...
OCP SA launches landmark $5 billion bond offering
In a move to fuel its strategic initiatives, OCP SA has announced a major bond issuance valued at up to 5 billion Moroccan dirhams (MAD). The offering, approved by the Moroccan Capital Market Authority...
TGCC appoints permanent representative for bondholders
On Friday, December 6, 2024, Travaux Généraux de Construction de Casablanca (TGCC) convened a key general meeting of its bondholders following its private bond placement earlier this year. The placement, finalized on July 22,...