Dislog Group strengthens its healthcare division with 75% stake in Megaflex
In a major move to bolster its healthcare offerings, Morocco’s Dislog Group, a leading player in distribution and logistics, has announced the acquisition of a 75% stake in Megaflex. Founder Nacer Amrani will retain...
Morocco’s cement market soars by 8.2% amid building and infrastructure boom
Cement deliveries in Morocco have reached a remarkable 11.12 million tons by the end of October 2024, marking an 8.24% increase compared to the same period last year, reports the Association Professionnelle des Cimentiers...
International capital fuels growth in Moroccan bonds, stocks, and mutual funds
Morocco’s capital markets saw a strong influx of foreign investment in 2023, driven by renewed confidence in the Casablanca Stock Exchange and demand for Moroccan Treasury bonds, according to the latest report from the...
‘Court of Accounts’ 2025 budget prioritizes digital tools, security enhancements
The Court of Accounts of Morocco is pressing forward with its strategic goals for digital transformation, aiming to establish greater professionalism and transparency in its judicial reforms. Speaking in Rabat on Monday, the Court’s...
Mohamed Bennis named new B2B sales director at Orange Maroc
Orange Maroc has announced the appointment of Mohamed Bennis as its new Director of B2B Sales. With an impressive track record within the company, Bennis is stepping into the role with extensive experience, having...
Tanger Med poised for major expansion in global trade network
Tanger Med, the largest industrial and port complex in the Mediterranean, is about to take a significant leap forward. Thanks to a strategic partnership with the International Finance Corporation (IFC) and the Multilateral Investment...
Moroccan liquidity indicators rise, Bank Al-Maghrib adjusts interventions
Liquidity on Morocco’s money market continues its upward trend, reaching new highs by the end of Q3 2024, according to Attijari Global Research’s recent “Weekly Hebdo Taux – Fixed Income” report covering October 25-31....
Stellantis opens stock purchase for Moroccan employees in major capital boost
The Moroccan Capital Market Authority (AMMC) has given the green light to a significant capital increase for Stellantis, aimed exclusively at employees of the automotive giant’s subsidiaries, including those in Morocco. Approved on November...
Foreign investment in Moroccan mutual funds climbs by 37.6%
Foreign investment in Moroccan mutual funds, known as OPCVM (Organismes de Placement Collectif en Valeurs Mobilières), rose significantly in 2023, totaling 3.5 billion dirhams (MAD), up from 2.5 billion MAD in 2022—a 37.6% increase,...
Capital boost for AXA employees: Moroccan AMMC approves exclusive share offer
The Moroccan Capital Market Authority (AMMC) has announced the approval of AXA's definitive prospectus for a capital increase exclusive to its employees. This offering will add up to 58,951,965 shares, with documents accessible to...