-
13:30
-
11:06
-
17:15
-
10:50
-
10:19
-
08:00
-
16:45
-
12:30
-
15:49
Keywords: Societe
Saham Group has finalized its acquisition of Société Générale’s Moroccan banking and insurance subsidiaries, marking a significant milestone for the company and a notable return to the financial sector for its founder, Moulay Hafid Elalamy. The transaction, valued at......
Société Générale Maroc has announced nearly stable financial results as of September 30, 2024. Despite slight contractions in certain areas, the bank has demonstrated resilience and growth in key financial indicators. Credit and Deposits Performance As of the......
Sonasid, Morocco’s leading steel producer, has announced a 5% rise in sales, reaching MAD 3.704 billion by the end of September 2024. This growth is attributed to a 12% increase in sales volumes over the first nine months of the year, reflecting the company's effective strategies and investments. A......
The inaugural Morocco Showcase Summit: Tourism, Hospitality, Invest is set to take place on November 19-20 at the Marriott Hotel in Casablanca, bringing together a diverse group of international investors, developers, financiers, and hospitality leaders. This summit aims to delve into the myriad opportunities......
Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......
In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......
In a move to improve public hygiene and provide essential amenities, the Société de développement local (SDL) Casablanca Baïa has launched a significant project to install 60 public restroom facilities throughout the bustling streets of Casablanca. This initiative, which commenced......
In a significant development that underscores the changing dynamics of the African banking sector, Morocco's Competition Council has given the green light for Saham Finances to acquire a controlling stake in Societe Generale Marocaine de Banques. This move, valued at over 8 billion Moroccan dirhams......
Effective Leadership Transition Promises Continued Growth and Innovation The banking sector in Morocco is set for a significant shift as Societe Generale Maroc has announced the appointment of Mehdi Benbachir as its new Chief Executive Officer, effective July 1, 2024. This decision, finalized during......