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Keywords: Stock Exchange
Maroc Telecom, Morocco's premier telecommunications provider, has reported a substantial increase in its subscriber base, reaching 79.7 million users by September 2024. This 6.1% growth over the past year is driven by the company’s expansion in African markets and the rising demand for postpaid......
The Casablanca Stock Exchange (CSE) has entered a new phase of leadership with the appointment of Brahim Benjelloun Touimi as Chairman of the Board of Directors. This strategic move, approved by the board on October 14, marks the beginning of a two-year term that promises to shape the future of Morocco's......
Maroc Telecom, Morocco's foremost telecommunications provider, has reported a significant 5.1% increase in its customer base for the first half of 2024, reaching a total of 78.4 million subscribers. This growth comes despite facing stiff competition and legal challenges in its domestic market. The......
In a display of remarkable economic fortitude, Morocco has emerged from the devastating Al-Haouz earthquake with its investor confidence largely unscathed, according to a recent report by the prestigious think tank Policy Center for the New South (PCNS). The September 8, 2023 earthquake, which registered......
Akdital, a prominent name in Morocco's private healthcare sector, is set to significantly enhance its public share capital. The Moroccan Capital Market Authority (AMMC) has approved Akdital's ambitious plan to issue new shares, aiming to attract substantial public investment and bolster its growth......
In a remarkable turn of events, the London Stock Exchange (LSE) has reclaimed its position as Europe's largest stock market, surpassing its Parisian counterpart for the first time in nearly two years, according to data compiled by Bloomberg. This milestone underscores the resilience of the British......
As Morocco gears up to co-host the 2030 FIFA World Cup alongside Spain and Portugal, the North African nation is embarking on an ambitious plan to revamp its financial sector. In a move that promises to revolutionize the country's capital markets, Morocco is set to introduce derivatives trading this......
In a significant development amid rising geopolitical tensions between the United States and China, Zhejiang Hailiang Co., a leading Chinese producer of copper tubes and rods, has announced plans to invest $288 million in a new manufacturing facility in Morocco. This strategic move underscores the company's......
The Moroccan dirham displayed a mixed performance against major foreign currencies last week, as per the latest data released by Bank Al-Maghrib (BAM), the country's central bank. While the dirham maintained its value against the U.S. dollar, it experienced a decline of 0.91% when measured against......
