Renault

Family-owned firms drive IPO boom on Casablanca Stock Exchange

A new wave of family-owned businesses is reshaping Morocco’s financial landscape as they increasingly turn to the Casablanca Stock Exchange to secure growth and ensure succession. The latest example is SGTM, a heavyweight in Morocco’s construction sector, which is preparing a landmark initial public offering (IPO) scheduled for December 16, Jeune Afrique reported in a […]

Morocco: Merger between Atlanta and Sanad insurance companies takes hold

The merger between Atlanta Assurances and its subsidiary Sanad Assurances took effect Monday as both firms held a joint board meeting. Groupe Holmarcom, owner of the two firms, in a statement said Atlanta will engulf Sanad in a move that will enable the insurance service company to bolster its positioning in the insurance industry in […]

UN launches new project to address link between arms, crime & terrorism

Several United Nations agencies have launched a new project to address the link between terrorism, arms and crime through enhancing national legislative, strategic and operational capacities to prevent, detect and counter the firearms trafficking and other illegal activities related to terrorism and organized crime. The UN has repeatedly warned that illicit flows of small arms […]