Moulay Ali Cherif thermal station reopens after extensive renovations
After extensive renovation and upgrading, the Moulay Ali Cherif thermal station in Midelt Province has recently reopened, unveiling a refreshed and modernized look. This renowned hot spring, a popular tourist and therapeutic destination in...
Bank Al-Maghrib launches new digital procurement portal
Bank Al-Maghrib (BAM) has announced the launch of its new Procurement Portal, set to go live on Friday, September 6, 2024. This portal will facilitate the digitalization of the bank’s procurement processes, including the...
Résidences Dar Saada sees surge in pre-sales, secures 10,952 units in H1 2024
Résidences Dar Saada achieved an impressive pre-sales level of 10,952 units in the first half of 2024, a dramatic increase from 1,123 units during the same period in 2023. This surge is largely attributed...
Life returns to the High Atlas one year after devastating quake
In the commune of Ouirgane, nestled in the High Atlas Mountains just 62 kilometers from Marrakech, life has visibly returned to its usual rhythm. The markets buzz with activity, streets are lively with passersby,...
Jet Contractors reports 46.6% revenue surge in H1 2024
Jet Contractors has reported a significant increase in its consolidated revenue, which surged by 46.6% to over 1.45 billion dirhams (MMDH) in the first half of 2024. This remarkable growth highlights the company’s strong...
Regional economic performance in Morocco: Insights from the HCP’s 2022 report
The High Commission for Planning (HCP) released its annual report on regional accounts for 2022, highlighting the economic contributions and disparities across Morocco's regions. The report provides a detailed overview of how wealth, economic...
BCP Group sees 9% increase in net banking income
The Banque Centrale Populaire (BCP) Group recorded a net banking income (PNB) of 12.8 billion dirhams (MMDH) by the end of June 2024, reflecting a 9% increase compared to the same period in the...
Inauguration of “Code 212” center at Ibn Tofail University Kenitra
On Tuesday, the Minister of Higher Education, Scientific Research, and Innovation, Abdellatif Miraoui, inaugurated the "Code 212" center at Ibn Tofail University (UIT) in Kenitra. This initiative aims to enhance academic and educational offerings...
Morocco sees significant reduction in forest fires in 2024
Morocco experienced a dramatic decrease in forest fires and burned areas in 2024, with a total of 780 hectares affected compared to 6,100 hectares in 2023, representing a reduction by a factor of seven,...
BMCE Capital Gestion retains top ‘Excellent’ rating from Fitch
In July 2024, Fitch Ratings confirmed BMCE Capital Gestion’s national investment management quality rating (IMQR) at ‘Excellent (mar)’ with a Stable Outlook. This rating underscores the firm’s overall stability and its continued excellence in...