Sharp slowdown in corporate debt growth to 0.2% in 2023
The financial debt of non-financial corporations (NFCs) experienced a significant deceleration to just 0.2% in 2023, totaling approximately 905.6 billion dirhams (MMDH). This insight...
Apple sees 7.8% increase in net profit, reaches $21.45 billion in Q3
Apple announced a 7.8% increase in net profit for the third quarter of its fiscal year, reaching a robust $21.45 billion. Between April and...
French-led team wins bid for Morocco’s high-speed rail development
The consortium led by French company Egis Rail has been selected to oversee the high-speed rail (LGV) project connecting Kenitra to Marrakech. Despite a...
OCP Africa expands agricultural services in Côte d’Ivoire with new hub in Duékoué
OCP Africa, a subsidiary of the Moroccan phosphate giant OCP, continues its commitment to enhancing African agriculture by expanding its operations in Côte d'Ivoire.
Building...
Discover the architectural models of six Moroccan stadiums for the 2030 World Cup
On July 31, FIFA released the joint bid document submitted by Morocco, Spain, and Portugal to host the 2030 FIFA World Cup.
This comprehensive document,...
EasyJet launches direct Bordeaux-Rabat flights starting october 2024
Starting October 29, 2024, EasyJet will introduce a new direct route between Bordeaux and Rabat. The low-cost airline will offer two flights per week,...
CIH BANK launches CODE 212: Seamless banking for Moroccan expats
CIH BANK is transforming banking services for Moroccans Residing Abroad (MRE) with the launch of "CODE 212," a fully digital solution that allows users...
Real estate loans increase by 1.3% in first five months of 2024
Real estate loans in Morocco grew by 1.3% to exceed 304.8 billion dirhams (MMDH) during the first five months of 2024, according to the...
Disway’s half-year revenue declines by 8.9% amid challenging market conditions
Wholesale distributor of IT and telecom equipment, Disway, reported a consolidated revenue of 842 million dirhams (MDH) for the first half of 2024 (H1-2024),...
Morocco allocates 8.59 million dirhams to boost cultural projects in 2024
The Ministry of Youth, Culture, and Communication has announced the results of its 2024 support program for cultural associations, festivals, and cultural and artistic...