BCP and Tanger Med forge historic blockchain partnership for port payments
The Banque Centrale Populaire (BCP) and Tanger Med Port Authority (TMPA) have recently announced a groundbreaking partnership, introducing the “Blockchain Payment Gateway” to Morocco’s...
Morocco’s tourism revenue hits record 17 billion dirhams in August
Tourism revenues in Morocco reached an unprecedented 17 billion dirhams (MMDH) in August 2024, according to the Ministry of Tourism, Handicrafts, and Social and...
S&P Global Ratings reaffirms Morocco’s BB+ rating, cites economic resilience
In a report released on October 1, S&P Global Ratings reaffirmed Morocco’s sovereign debt rating at BB+/Positive/B, while slightly lowering its forecast for real...
BMCI experiences decline in profit for the first half of 2024
BMCI has released its financial results for the first half of 2024, showing a mixed performance across its key indicators. The bank’s net banking...
Addoha’s revenue surges 20% in first half of 2024, boosted by West Africa
Addoha Group recorded impressive results in the first half of 2024, with revenue reaching 1.7 billion dirhams, a 20% increase compared to 2023. This...
La Mamounia triumphs at “Condé Nast Traveler’s 2024 Reader’s Choice Awards”
Marrakech’s iconic palace hotel, La Mamounia, has achieved a remarkable double victory at the 2024 Condé Nast Traveler Reader’s Choice Awards, being named the...
Three Moroccan banks shine in The Banker’s 2024 African top 100 ranking
In its latest annual ranking of Africa’s top 100 banks for 2024, The Banker magazine has recognized Morocco’s banking prowess with three major institutions...
Hamid Bentahar re-elected as head of Morocco’s ‘National Tourism Confederation’
During the elective General Assembly held on September 27, 2024, in Marrakech, Hamid Bentahar was unanimously re-elected as President of the National Tourism Confederation...
Capgemini and UM6P unite to shape the future of hydrogen transportation
Capgemini and the Laboratory of Inorganic Materials for Sustainable Energy Technologies (LIMSET), part of the Mohammed VI Polytechnic University (UM6P), have signed an agreement...
Akdital Group reports 70% surge in net profit for H1 2024 !
Akdital Group's consolidated net profit reached 127 million dirhams (MDH) in the first half of 2024, marking a significant 70% increase compared to the...