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Keywords: Casablanca Stock Exchange


Vicenne group's IPO oversubscribed 64 times!

The Moroccan Vicenne Group’s Initial Public Offering (IPO) has been met with exceptional demand, with the subscription overbooked by 64 times. The company successfully raised 500 million dirhams through a capital increase, with an overwhelming 32 billion dirhams requested, equivalent to 136 million......

Moroccan dirham strengthens against dollar as market stability returns

The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......

Morocco and Mauritania forge partnership for Nouakchott Stock Exchange

Morocco and Mauritania have reached a significant milestone in their economic collaboration with the signing of a protocol agreement to establish the Nouakchott Stock Exchange. This development marks a new chapter in the relationship between Rabat and its southern neighbor. Formalized on Thursday between......

Casablanca Stock Exchange's MASI Surges Over 20% in Q1 2025

The Casablanca Stock Exchange's main index, the MASI (Moroccan All Shares Index), experienced a remarkable surge of 20.19% in the first quarter of 2025, concluding at 17,756.02 points. This impressive performance is a continuation of a strong start to the year, marked by a 2.13% rise on the very......

Morocco aims to expand capital markets with ambitious stock exchange growth plan

Following the successful public debut of irrigation company CMGP, Morocco has unveiled plans to triple the number of companies listed on the Casablanca Stock Exchange by 2035. CMGP's December 2024 initial public offering (IPO) saw its stock value surge 75% post-listing, drawing unprecedented investor......

Moroccan dirham shows mixed performance as central bank boosts financial system

The Moroccan dirham demonstrated varied performance in foreign exchange markets during January 16-22, appreciating 0.6% against the US dollar while declining 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, BAM reported no currency auction operations in the foreign exchange......

Maroc Telecom Expands to 79.7 Million Subscribers Amid Strong Growth in African Markets

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......

Casablanca Stock Exchange Ushers in New Era with Appointment of Veteran Banker as Chairman

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 Expands Customer Base Amid Market Challenges and Legal Hurdles

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......