2023-12-15 23:51:17 The volume of securities lending operations reached 301.23 billion dirhams (billion dirhams) at the end of 2022, an increase of 62.59% compared to the year 2021, according to the Moroccan Market Authority capital (AMMC). “At the end of December 2022, the outstanding securities lending transactions stood at 20.53 billion dirhams,” indicated the capital … Read more
2023-12-09 15:03:09 The Société Générale Maroc Group was awarded four times by the international reference medium “EMEA Finance Magazine” during the 2023 edition of the African Banking Awards. These are the “Best foreign bank” and “Best investment bank” for Société Générale Maroc, the “Best Management Company” for Sogécapital Gestion and the “Best Stock Exchange Company” … Read more
2023-12-05 19:02:37 In October 2023, industrial producer prices fell again over one month, after jumping 0.1% in September and dropping 0.1% in August of this year. Indeed, according to data published by the High Commission for Planning (HCP), the producer price index for the “Manufacturing industries excluding oil refining” sector fell by 0.3% during the … Read more
2023-11-26 13:36:35 Managem’s turnover stood at more than 5.93 billion dirhams (billion dirhams) at the end of September 2023, down 19% compared to the same period of the previous year. This development is marked by the significant drop in metal prices on the international market, notably cobalt for -41%, zinc for -31% and copper for … Read more
2023-11-23 18:36:14 Around a third of companies say they are “exposed” to digital risks and they place these at the top of their concerns alongside inflation, reveals a study by PwC published on Monday. Generative AI, which makes it possible to produce texts, images and sounds on a simple request in everyday language, is booming, … Read more
2023-11-21 18:01:49 The net banking income (NBI) of the Municipal Equipment Fund (FEC) stood at 497 million dirhams (MDH) at the end of September 2023, up almost 2% compared to the end of September 2022. This increase is explained by the combined effect of the level of operations and the quality of the portfolio to … Read more
2023-11-20 12:02:22 Global value chains (GVCs) remain a central element of globalization, says the World Trade Organization (WTO) in a new report highlighting strong expansion. Despite growing pressures, “global value chains continued to grow in 2022,” according to the international institution that deals with the rules governing trade between countries. A development supported by “the … Read more
2023-11-18 18:04:20 The situation of Treasury expenses and resources (SCRT) shows a budget deficit of nearly 37.3 billion dirhams (billion dirhams) at the end of October 2023, compared to -30.4 billion dirhams a year earlier, according to the Ministry of the Economy and Finance. This development covers an increase in overall expenditure (+12 billion dirhams) … Read more