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SGTM’s IPO set to become second largest in Casablanca stock exchange history
Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
Moroccan Delegation Meets UN Envoy for Sahara in Lisbon
A Moroccan delegation, led by Foreign Minister Nasser Bourita, met UN Secretary-General’s Personal Envoy for the Sahara, Horst Köhler in Lisbon this Tuesday. The Moroccan delegation comprises Morocco’s Permanent Representative to the United Nations, Omar Hilale, President of the Laayoune-Sakia El Hamra region, Sidi Hamdi Ould Errachid, and President of the Dakhla-Oued Eddahab region Ynja […]
Libya: US Convinced of IS downfall in Sirte Any Time Soon
US Defense Secretary Ash Carter predicted Wednesday that the Islamic State group would be defeated very soon as Libyan forces, aided by US airpower, take on the terrorist group in its last position in the city of Sirte. “I expect that they’ll eliminate …. remaining opposition shortly,” Ash Carter told a news conference in London. […]



