ONCF in talks with Hyundai Rotem for 16 billion dirham train procurement deal
On Monday, September 9, the Office National des Chemins de Fer (ONCF) initiated discussions with South Korean manufacturer Hyundai Rotem as part of the international tender DC01/PM/2023. The contract, valued at an estimated 16...
CaixaBank targets growth in Morocco with focus on 2030 World Cup
CaixaBank, Spain’s largest bank, has reaffirmed its long-term commitment to Morocco during a visit by its CEO, Gonzalo Gortázar. Present in Morocco for 15 years, the bank aims to double its business with Spanish...
Ilham Tahri Joutei appointed independent director at SOREC
Ilham Tahri Joutei, a senior consultant at Timeo, has been appointed as an independent director on the Board of Directors of the Société Royale d’Encouragement du Cheval (SOREC). This appointment is part of broader...
Outsourcia appoints Chloé Beauvallet as new CEO
Outsourcia Group has announced the appointment of Chloé Beauvallet as its new Chief Executive Officer, effective September 12, 2024. She will work alongside Youssef Chraibi, the group’s President and Founder. In her new role, Chloé...
Record for “Marhaba 2024”: 2 million MRE and 662,000 vehicles transited !
Between June 5 and September 5, 2024, more than 2.8 million passengers, including 2 million Moroccans living abroad (MRE), and 662,000 vehicles passed through Moroccan ports as part of the "Marhaba 2024" operation, according...
Listed companies in Morocco record 4.4% revenue growth in H1 2024
The aggregated revenues of Morocco's listed companies reached 157 billion dirhams (MMDH) in the first half of 2024 (H1-2024), reflecting a 4.4% increase compared to the same period in 2023, according to a recent...
Industrial activity shows improvement in July, according to Bank Al-Maghrib
In July, industrial activity in Morocco saw an uptick compared to the previous month, according to a report from Bank Al-Maghrib (BAM). The central bank's monthly industry survey revealed increased production and sales across...
Brahim Diaz’s stoppage-time strike secures Morocco’s top spot in group B
The Atlas Lions secured a narrow 1-0 win over Lesotho this Monday in a hard-fought match during the second round of qualifiers for the 2025 Africa Cup of Nations (AFCON). Throughout the game, the Moroccan...
M Avenue Marrakech kicks off “Back to School” campaign with style and fun
M Avenue Marrakech, the city’s premier lifestyle destination, is celebrating the start of the new school year with its exciting "Back to School" campaign. Throughout September, M Avenue invites families to enjoy a stylish...
South Africa reports new case of Monkeypox, bringing total to 25
South Africa confirmed a new case of monkeypox (Mpox) on Monday, raising the country's total to 25 cases, including three fatalities, according to the Ministry of Health. The latest patient has no history of...