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Keywords: Performance
Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......
Tesla has unveiled a groundbreaking compensation plan for its CEO, Elon Musk, potentially valued at $1 trillion. The proposal, which could become the largest executive pay package in corporate history, will be presented to shareholders for approval at the company’s annual meeting on November 6......
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
The Casablanca Stock Exchange recorded a positive performance for the week of July 28 to August 1, 2025. The MASI, the market’s main index, rose by 0.85% to close at 19,570.63 points. The MASI 20, which reflects the performance of the 20 most liquid stocks, gained 0.92% to 1,609.11 points. Meanwhile,......
Bank Al-Maghrib (BAM), Morocco’s central bank, concluded 2024 as one of its most profitable years, recording a net profit of MAD 6.46 billion. This marks a 27% increase compared to the MAD 5.1 billion reported in 2023, despite rising operational expenses and economic challenges. Key drivers of......
Casablanca – The Casablanca Stock Exchange opened higher on Thursday, July 31, 2025, with its benchmark index, the MASI, rising by 0.3% to 19,505.4 points, reflecting positive investor sentiment. The MASI 20 index, which tracks the 20 most liquid stocks, also climbed by 0.37% to reach 1,604.03......
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
His Majesty King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received Abdellatif Jouahri, Governor of Bank Al-Maghrib, at the Royal Palace in Tetouan on Tuesday. Jouahri presented the central bank’s annual report, outlining Morocco’s economic, monetary,......
This Saturday, July 26, the Coca-Cola Food Festival will transform Marrakech into a vibrant celebration of music and culinary excellence. The much-anticipated event will feature performances from renowned artists Salma Shirin and Mohamed Atef, alongside a live culinary showcase by the famous Chef Laaroubi,......