Aradei Capital posts strong H1 2024 growth, revenue hits 2.7 billion dirhams
Aradei Capital reported a strong performance in the first half of 2024, with its revenue rising to 2.7 billion dirhams. This growth was largely driven by the solid performance of its existing real estate...
Maghreb Oxygène boosts revenue by 3.2% in first half of 2024
On September 23, 2024, Maghreb Oxygène’s Board of Directors reviewed the company’s operational and financial performance for the first half of the year. The company showed promising growth across several key metrics, including revenue...
BMCI successfully raises 1.5 billion dirhams through bond issuance
On September 24, 2024, the Moroccan Bank for Trade and Industry (BMCI) concluded a successful issuance of subordinated bonds, securing a total of 1.5 billion dirhams. The operation, open for subscription from September 12...
High-speed rail: ONCF awards major contract to Shandong Hi-Speed
The National Office of Railways (ONCF) has selected the Chinese company, Shandong Hi-Speed, to spearhead the second phase of civil engineering works for the high-speed rail (LGV) extension between Casablanca and Marrakech. This significant...
Marsa Maroc to manage terminals 1 and 5 at Benin’s Port of Cotonou
Bénin Manutentions S.A and Marsa Maroc, the Moroccan leader in port management, have solidified their strategic partnership with the signing of a delegated management agreement for Terminals 1 and 5 of the Port of...
Managem secures full acquisition of Sound Energy Morocco East Limited
The Competition Council, chaired by Ahmed Rahhou, gave its approval on September 23 for Managem Group to acquire 100% of the capital and voting rights of Sound Energy Morocco East Limited. This acquisition allows...
Morocco unveils ambitious “Digital 2030” strategy for a technological future
After much anticipation, Morocco has officially launched its "Digital 2030" strategy, a bold roadmap aimed at positioning the Kingdom at the forefront of Africa’s digital transformation. This initiative represents a pivotal step toward integrating...
LabelVie Group sets its sights on a Guinness World Record!
The LabelVie Group is preparing to make history with an extraordinary feat: setting a Guinness World Record for the largest assortment of mille-feuille pastries ever displayed in a supermarket. This groundbreaking event will take...
Atacadão in France: Two months in, still drawing crowds
Remember, on June 20th, under the leadership of its president Zouhair Bennani, the Moroccan Label Vie Group opened the doors to the first Atacadao cash-and-carry store, a concept they've been nurturing for the past...
BANK OF AFRICA introduces Apple Pay for enhanced payment security
BANK OF AFRICA is now offering its customers Apple Pay, a secure and private payment method that allows users to avoid handing over their payment cards, touching physical buttons, or exchanging cash. Apple Pay...