The Moroccan dirham appreciated by 0.2% against the euro and depreciated by 0.5% against the US dollar during the period from August 22 to 27, according to Bank Al-Maghrib .
The Forbes Global 2000 places two Moroccan banks in its prestigious annual ranking of the world’s largest publicly traded companies.
Ilham Kadri , the CEO of Syensqo, has obtained a bonus of 25.7 million euros over the past two years. A cash bonus never awarded in Belgium. The manager of Moroccan origin could also benefit from a retention bonus of 7.5 million euros by 2026.
Arini, a credit hedge fund founded in London by Moroccan trader Hamza Lemssouguer, is enjoying huge success to the point of being among the most performing credit funds.
The Moroccan currency appreciated by 0.24% against the euro and 0.9% against the US dollar during the period from November 23 to 29, according to Bank Al-Maghrib (BAM) .
In search of financing to launch its vehicle production, the Moroccan automaker Neo Motors plans to list on the Casablanca Stock Exchange.
Moroccans living abroad (MREs) and foreign investors alone hold more than a quarter of the market capitalization of the Casablanca Stock Exchange (CSE).
The British company Predator Oil & Gas operating in Morocco, Trinidad and Ireland plans to raise 3.3 million pounds sterling by issuing 60 million new shares at a discount.
As of January 21, Morocco’s net international foreign exchange reserves stood at 329.1 billion dirhams, recording a slight increase of 0.2% from the previous week, according to Bank Al-Maghrib.
Colis Privé, a French delivery service for individuals, which is setting up in Morocco in the second half of 2021, has announced the approval of its registration document by the Autorité des marchés financiers (AMF). A first step before a stock market listing on the Euronext market.
The OCP group announced that it has successfully carried out a bond issue on international markets for a total amount of $1.5 billion. Details of the issue composed of two tranches and listed on Euronext Dublin.
Three Moroccan companies, including Attijariwafa Bank, are among the Top 100 best listed companies in the Middle East and North Africa region in 2021. The ranking was carried out by Forbes Middle East in its June 2021 edition.