Crisis? What crisis? Al Mada rides Covid storm to record profits
Later this month the royal holding company will present glowing 2020 figures at a shareholders' annual general meeting, with unprecedented net profits and generous dividends.
Finance Minister Mohamed Benchaâboun has secretly instructed his favourite investment banks, Upline Corporate Finance and Attijari Corporate Finance, to structure the €4bn Mohammed VI Investment Fund which aims to revive Morocco's economy in the wake of the Covid-19 pandemic.
Prominent events planner Richard Attias, once a perennial leading light in his native Morocco, is struggling to revive his top-level connections there. According to our sources, Finance Minister Mohamed Benchaâboun has not even replied to an invitation to take part in a 19 May virtual round table organised by his firm, Richard Attias & Associates.
According to a confidential briefing given to scores of senior African officials during a virtual meeting organised by the UN earlier this month, the novel coronavirus pandemic is projected to almost halve economic growth in Africa in 2020, generating a loss of some $29 billion.
A year after Mohammed VI called before parliament for the launch of "public-private partnerships (PPP) in the social domain", the national construction market leaders TGCC, Jet Contractors and SGTM, which rely heavily on public sector orders, are looking forward to
Third-ranking Moroccan bank BMCE Bank of Africa is struggling to complete the 6-billion-dirham recapitalization it needs to have in place before the end of 2019. Implicitly, it is the future of the bank after the departure of its 87-year-old founder,
Hardly have the agriculture and fishing free trade agreements been negotiated than a new dispute has sprung up between Morocco and the European Union (EU). According to our sources, Brussels is putting Morocco under increasing pressure to make substantial modifications
Abderrahim Hafidi, who was appointed to replace Ali Fassi-Fihri as head of national electricity and drinking water utility ONEE in April, will need to give concrete form this year to the merger between the organisation's electricity (ONE) and water (ONEP)