Attijariwafa Bank gathers hospitality operators to launch “Cap Hospitality”
On September 24, 2024, in Casablanca, Attijariwafa Bank organized an important event for hospitality industry players, presenting the new initiative "Cap Hospitality." This gathering drew key decision-makers, institutions, and active figures in the sector,...
BAM holds rate steady at 2.75%, projects rebound in growth by 2025
The Board of Bank Al-Maghrib (BAM), during its meeting on Tuesday in Rabat, decided to keep the key interest rate unchanged at 2.75%. This decision reflects the bank's assessment that maintaining the current monetary...
BAM nears final approval for Saham’s acquisition of Société Générale Maroc
Abdellatif Jouahri, the Governor of Bank Al-Maghrib, provided an update during a press conference on Tuesday regarding the approval process for Société Générale Maroc, following its acquisition by the Saham Group, led by Moulay...
Ritz-Carlton Rabat, Dar Es Salam inaugurated in a night of elegance and luxury
On Friday, September 13, in an atmosphere where luxury seamlessly blended with elegance, the Ritz-Carlton Rabat, Dar Es Salam celebrated its official grand opening, offering guests a dreamlike experience of grandeur and exclusivity. Nestled...
Userguest raises €2.2 million to accelerate growth and expand in hotel tech sector
Userguest, a startup specializing in hotel revenue optimization, has successfully completed a €2.2 million funding round. Led by Al Mada Ventures, the investment also saw participation from prominent investors such as CDG Invest, Saviu...
ABL Aviation strengthens global growth with three strategic appointments
ABL Aviation, a leader in aircraft asset management, has announced three key appointments to bolster its commitment to operational excellence and support its global expansion. David Taylor has been appointed as Chief Operating Officer in...
Marrakech’s La Mamounia and Royal Mansour among world’s best hotels
Marrakech has further solidified its status as a premier international tourist destination, with two of its prestigious hotels being named among the world's 50 best hotels. La Mamounia and the Royal Mansour ranked 31st...
SOGELEASE reports modest revenue growth despite decline in production
The Board of Directors of SOGELEASE Maroc, chaired by Mr. Ahmed El Yacoubi, met on September 19, 2024, to approve the financial statements for the first half of 2024. These accounts were validated with...
Diebold Nixdorf names Imad El Aouni as general manager for Moroccan subsidiary
Diebold Nixdorf has appointed Imad El Aouni as the new General Manager of its Moroccan branch. In his new role, El Aouni will also retain his responsibilities as Commercial Director for North, West, and...
Auto Nejma Maroc reports 19% revenue growth for first half of 2024
Auto Nejma Maroc’s Board of Directors held a virtual meeting on Friday, September 13, under the chairmanship of Mr. Abdellatif Hakam, to review the financial results for the first half of 2024. The company...