Risma reports group net income of 75 million dirhams for first half of 2024
Risma has announced a group net income (RNPG) of 75 million dirhams for the first half of 2024, a slight decline compared to the 82 million dirhams recorded during the same period in 2023....
Wafa Connect hosts third edition in Dakar
Following the success of its previous editions in Abidjan (Côte d'Ivoire) and Douala (Cameroon), Wafa Connect held its third event on Friday in Dakar, Senegal. Organized by Wafa Assurance Group, this gathering has become...
SHBM at UM6P achieves prestigious certification from EHL
The School of Hospitality Business and Management (SHBM) at Mohammed VI Polytechnic University (UM6P) has earned the coveted status of “Certified School” from the prestigious EHL (École hôtelière de Lausanne), a world leader in...
LabelVie Group sets guinness record for largest mille-feuille display
For LabelVie Group, the start of 2024 is marked by a spectacular achievement! Carrefour Témara has claimed the Guinness World Record for the largest assortment of mille-feuilles ever displayed in a hypermarket. This extraordinary record...
Fipar Holding and IFC authorized to increase stake in Retail Holding SA
On September 12, a decree signed by Morocco’s Prime Minister, Aziz Akhannouch, and the Minister of Economy and Finance, Nadia Fettah, authorized Fipar Holding to acquire 12.3% of the capital and voting rights in...
Flavors Food Company (AHG & Marjane) debuts restaurants Pitaya in Casablanca
Pitaya, the renowned Thai street food brand, has opened its first restaurant in Casablanca at Marina Shopping, marking a significant milestone in its international expansion. This launch introduces Moroccan consumers to the authentic flavors...
Crédit Agricole du Maroc shines in first half of 2024 with record growth
Crédit Agricole du Maroc (CAM) has achieved remarkable financial results for the first half of 2024, with an impressive surge in its net profits. The bank's consolidated net income soared by 178% compared to...
Morocco’s real estate market shows signs of strong recovery
Morocco's real estate market is demonstrating promising signs of recovery, supported by solid data. Cement sales surged by 7.2% by the end of August 2024, signaling a positive trend in the construction sector. Simultaneously,...
Ithmar Capital and COFIDES: Two key players driving economic development
This week, Ithmar Capital, Morocco's sovereign wealth fund, hosted a high-level delegation from COFIDES, Spain’s development finance company, to strengthen bilateral cooperation. During this meeting, Ángela Pérez, representing COFIDES, held talks with Obaid Amrane,...
Morocco starts local production of defense vehicles
In a strategic move to bolster national defense capabilities, Morocco's National Defense Administration and Tata Advanced Systems Limited (TASL), a subsidiary of the renowned Indian conglomerate Tata Group, have entered into a partnership to...