Sunset Hospitality Group unveils ‘Folie Restaurant & Sea Bouznika’ on august 3, 2024
Following its successful venture in Bodrum, Sunset Hospitality Group has announced the grand opening of Folie Restaurant & Sea Bouznika on August 3, 2024....
Moroccan banks faced increased liquidity demand in 2023
The liquidity needs of Moroccan banks intensified in 2023, reaching an average weekly requirement of 83.2 billion dirhams (MMDH), up from 80.9 MMDH the...
CMC highlights Morocco’s rising automotive and electric industry
The Moroccan Conjuncture Center (CMC) has released its latest monthly publication, "Maroc Conjoncture" No. 370, a special issue dedicated to "The Automotive Industry in...
Crédit du Maroc posts 36.8% increase in net income for H1 2024
Crédit du Maroc (CDM) reported a net income of 391 million dirhams (MDH) for the first half of 2024, representing a substantial increase of...
Libyan minister of transport explores collaboration with OLA ENERGY MAROC
OLA ENERGY MAROC recently welcomed the Libyan Minister of Transport, Mohamed Salem al-Chahoubi, during his official visit to Morocco.
Accompanied by Ramzi Salim, General Director...
South Africa’s economic woes deepen as growth slows and unemployment rises
The South African economy experienced a slowdown in growth, reaching only 0.7% in 2023 compared to 1.9% in 2022. This performance lags significantly behind...
New interest rates announced for LabelVie’s 2021 bonds
LabelVie has announced a revision of the interest rates for the variable-rate, unlisted bonds in tranches "A" and "C" from its bond issue dated...
Moroccan boxer Khadija El Mardi advances to Paris 2024 quarterfinals
Moroccan boxer Khadija El Mardi qualified for the quarterfinals in the under 75 kg category at the Paris 2024 Olympic Games on Wednesday.
El Mardi...
Bank Al-Maghrib reports 3.9% increase in money supply for 2023
The money supply in Morocco, represented by aggregate M3, reached 1.750.8 billion dirhams (MMDH) in 2023, marking a 3.9% increase compared to the previous...
Crédit du Maroc and Finéa strengthen partnership to support small businesses
Crédit du Maroc, represented by its Chairman of the Board, Ali Benkirane, and Finéa, a subsidiary of the CDG Group, represented by its General...