Managem’s net profit declines to 259 million dirhams in H1 2024
Managem's net profit attributable to the group (RNPG) dropped to 259 million dirhams (MDH) in the first half of 2024. This decrease is primarily...
ONMT makes strategic debut at Tourism Expo Japan 2024
For the first time, from September 26 to 29, 2024, the Moroccan National Tourism Office (ONMT) is participating in the prestigious Tourism Expo Japan....
CMI takes steps to resolve competition concerns amid electronic payments dispute
In May 2023, Naps SA filed a complaint with Morocco's Competition Council, accusing the Centre Monétique Interbancaire (CMI) of engaging in anti-competitive practices in...
United Airlines to launch first direct flight from Marrakech to the U.S.
United Airlines is set to become the first airline to offer a direct flight connecting Marrakech and the United States with a new nonstop...
Morocco climbs Global Innovation Index rankings, now 66th worldwide
Morocco has made significant progress in the 2024 edition of the Global Innovation Index (GII), moving up four places to rank 66th among 133...
Al Akhawayn University to host HPS Innovation Weekend: A spotlight on AI
From September 27-29, 2024, Al Akhawayn University in Ifrane (AUI) will host the “HPS Innovation Weekend.” Organized by AUI’s Office of Employability and Entrepreneurship...
CIH Bank posts strong results for first half of 2024
CIH Bank continues its upward trend, showing remarkable growth by the end of the first half of the year. Client deposits have reached 76.2...
COSUMAR boosts profitability in H1 2024 as local sugar sales climb
In the first half of 2024, COSUMAR, Morocco’s leading sugar producer, recorded a consolidated revenue of 4.98 billion dirhams, representing a modest increase of...
Auto Hall reports 2.9% sales growth, driven by diverse vehicle portfolio
In the first half of 2024, Morocco's national vehicle market (passenger cars and light commercial vehicles) showed signs of recovery despite a challenging economic...
INVOLYS sees strong Growth in First Half of 2024 with 44% revenue increase
In the first half of 2024, INVOLYS reported a solid financial performance, with total product revenue reaching 25.1 million dirhams (MDH) and a turnover...