Emmerson plc announced late last week that it raised £ 2.25 million to accelerate the development of its Khemisset potash project in Morocco. The funds were raised through an investment that saw the company issue 60 million new common shares at a 3.75 per cent unit price. The company intends …
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Regus, the world leader in workspaces, is strengthening its presence in Morocco with the opening of three centers. After Casablanca and Tangier, he has recently inaugurated a new center in Rabat. With a total surface area of approximately 1,000 m², it is located in Mahaj Ryad near Annakhil Avenue. “This …
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The PSA group sold 1.9 million vehicles worldwide in the first half compared with 2.1 million a year earlier, in a context marked by a sharp decline in sales in China and South America. But despite this decline globally, some markets continue to perform well, like the Middle East/Africa. The …
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Once again this year, Societe Generale (SG) received numerous awards at the Euromoney Awards for Excellence 2019 ceremony held on July 10 in London. It received, for the first time, the Best Bank Award in Africa for Corporate Responsibility. “We are honored with this award, which demonstrates the commitment of …
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The Attijariwafa bank (AWB) Group won the “Best Bank in Morocco” award for the 9th time at the “Euromoney Awards for Excellence 2019” award ceremony of the prestigious English magazine Euromoney, announces the Group in a statement. This distinction reflects the excellence of Attijariwafa bank on a number of criteria, …
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ORBIS AgroIndustry, represented by its Managing Director Mohamed El Hajjouji and the Arab Authority for Agricultural Investment and Development (AAAID), represented by its Chairman of the Board Mohammed Bin Obaid Al Mazrooei signed a memorandum of understanding for the deployment joint development agribusiness development projects with high added value in …
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New markets to take in solar energy. After the awarding of the Noor Midelt I plant, Masen has just launched the call for prequalification for the Noor Midelt II solar plant. This is the first step in the selection process for a private partner responsible for the design, financing, construction, …
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The Indian company Nuberg EPC will build a chlor-alkali plant for SCE Chemicals. The two parties have signed a contract in Casablanca for the construction of this plant in Jorf Lasfar, Nuberg EPC announced. The agreement was signed by AK Tyagi, CEO of Nuberg, and Moutawakkil Abdelkebir, CEO of SCE …
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Voltalia, the French specialist in renewable energy, has successfully completed its capital increase operation. The overall amount is 376 million euros. The capital increase will result in the issue of 40,829,520 new shares at a unit subscription price of € 9.20. “The great success of this capital increase provides us …
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The European Bank for Reconstruction and Development (EBRD) has granted approximately 650 million dirhams (60 million euros) to support BMCI in supporting Moroccan exporters and importers. The envelope makes it possible to support the commercial transactions of exporters and importers. It is part of the Trade Facilitation Program (TFP) launched …
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