OCP SA secures AMMC approval for record 5 billion dirham bond issue
The Moroccan Capital Market Authority (AMMC) has approved OCP SA’s groundbreaking bond issuance of up to 5 billion dirhams. This monumental financial move, registered...
From nuclear medicine to mainstream drugs: Moroccan RIM Pharma’s new milestone
Nearly seventeen years after pioneering the production of pharmaceutical products used in nuclear medicine in Morocco, Moroccan firm RIM Pharma is gearing up for...
EQDOM : A new era and a revamped governance
Following the landmark transfer of ownership between Société Générale Group and Saham Group, EQDOM has entered a transformative era. The Board of Directors, in...
Société Générale Maroc embarks on a new chapter with fresh governance
Société Générale Maroc is turning the page to a new era, unveiling a restructured governance framework following the acquisition deal between Société Générale Group...
Morocco’s Competition Council gives the nod to Sefrioui Group’s Afric-Phar takeover
In a groundbreaking move, Morocco's Competition Council has greenlit the acquisition of the pharmaceutical giant Afric-Phar by the Sefrioui Group. The deal, valued at...
Hilton plans ambitious expansion in Morocco with nine new hotels
Hilton (NYSE: HLT) has unveiled a bold plan to significantly grow its presence in Morocco, with the addition of nine new hotels featuring over...
Immorente Invest to distribute final quarterly dividend for 2024
Immorente Invest, a leading player in the real estate investment market, has announced the distribution of its fourth and final quarterly dividend for 2024....
CDG and KfW strengthen strategic partnership with new cooperation agreement
On Monday, December 2, 2024, in Frankfurt, the Caisse de Dépôt et de Gestion (CDG) and the German Development Bank (KfW) convened for a...
Al Barid Bank reports stellar growth: Net banking income surges by 53.2%
Al Barid Bank has achieved remarkable financial results for the first nine months of 2024, with its Net Banking Income (NBI) reaching 2.41 billion...
Crédit du Maroc shines: Record growth and strategic moves in 2024
On November 28, 2024, Crédit du Maroc’s Supervisory Board, chaired by Mohamed Hassan Bensalah, convened to assess the bank’s achievements and financial results up...