SBM revives iconic ‘La Cigogne’ lemonade after 21 years !

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After a 21-year hiatus, the beloved lemonade "La Cigogne" is set to make a grand return to the Moroccan market this summer. The Société...
Bank Al-Maghrib becomes 17th member of Africa’s cross-border payment system

Key highlights from Bank Al-Maghrib’s weekly indicators (June 20-26, 2024)

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1. Dirham appreciation The Moroccan dirham appreciated by 0.9% against the euro and by 0.37% against the US dollar during this period. 2. Foreign exchange...

Morocco’s money supply grows by 4.3% in May

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According to Bank Al-Maghrib (BAM), Morocco's money supply, measured by the M3 aggregate, reached 1.779.6 billion dirhams in May, marking a 4.3% year-on-year increase,...
Private equity in Morocco hits 15.7 billion dirhams in 2024

Moroccan tax audits yield 5.8 billion dirhams in 2023 !

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The General Directorate of Taxes (DGI) has announced that on-site tax audits in 2023, covering 5,793 cases, generated a substantial revenue of 5.8 billion...
IMF praises Morocco’s tax reform, highlights room for improvement

DGI publishes comprehensive tax guide for Moroccans living abroad

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The General Directorate of Taxes (DGI) has released a simplified tax guide designed specifically for Moroccans residing abroad (MRE). This user-friendly document provides an...

FRMVE hosts national classic car Rally in Mohammedia and Benslimane

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The Royal Moroccan Federation of Classic Vehicles (FRMVE) organized a National Classic Car Rally in the cities of Mohammedia and Benslimane on Saturday. This...

Marchica Med and HB Holding NV sign MoU for landmark development

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A memorandum of understanding (MoU) has been signed between Marchica Med, a subsidiary of the Agency for the Development of the Marchica Lagoon, and...

Royal mourning: Princess Lalla Latifa passes away

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Here follows a statement by the Official Spokesperson for the Royal Palace: "In the name of God, the Merciful, the Compassionate. May peace and blessings be...

Young entrepreneurs honored at Al Mada foundation awards

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The Young Entrepreneurs Awards, organized by the Al Mada Foundation, were presented on June 28, 2024, under the leadership of Mr. Hassan Ouriagli, President...

LabelVie unveiled ambitious vision for 2028 at “Capital Market Day”

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LabelVie Group recently hosted its Capital Market Day, a dedicated event to present its vision for 2028 and development strategy. "We are delighted to have...

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