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Keywords: Market
In a significant development, the Moroccan Capital Market Authority (AMMC) has officially recorded the latest update to Attijariwafa Bank's certificate of deposit (CD) issuance program. This momentous event, documented on December 28, 2023, under the reference EN/EM/038/2023, encompasses several......
Google's parent company, Alphabet, has reached a $700 million settlement in an antitrust lawsuit alleging the abuse of power within the Android app market. The substantial sum encompasses $630 million earmarked for U.S. consumers affected by Google's purportedly anti-competitive practices in......
Since the UK formally withdrew from the EU, Morocco and Egypt have experienced a surge in profits, benefiting from a significant shift in British vegetable imports beyond Europe. Recent data reveals that Morocco has tripled its produce exports to the UK from 2018 to 2022. Meanwhile, traditional EU suppliers......
Starbucks is facing a perfect storm of financial woes, with its stock enduring a record 11-day plunge, wiping out $11 billion in market value. The coffee giant has been battered by sluggish sales, ineffective marketing campaigns, labor unrest, and political backlash. The recent decline represents the......
In a strategic move to fortify its financial structure, OCP Group, the giant phosphate producer, has obtained approval from the Moroccan Capital Market Authority (AMMC) for a perpetual subordinated bond issuance. This issuance, valued at 5 billion Moroccan Dirhams (MAD), includes options for early repayment......
