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Moroccan H&S Invest Holding partners with French Casino Group to open over 210 convenience stores in Morocco

French retailer Casino group has partnered with Moroccan H&S Invest Holding to open more than 210 convenience stores under the Franprix and Monoprix brands across Morocco over the next ten years. The partnership agreement was signed Monday in Rabat by Moncef Belkhayat, President of H&S Invest Holding, and Philippe Palazzi, CEO of Groupe Casino. The […]

Morocco launches industrial energy audit program to advance efficiency goals

The Moroccan Energy Investment Company (SIE) has launched a new initiative to select industrial companies for energy audits, advancing the country’s industrial energy transition and efficiency targets. The program aims to help manufacturing companies identify energy-saving opportunities while promoting both efficiency measures and renewable energy solutions. All audits will adhere to Moroccan standards NM ISO […]

Will Morocco’s central bank end accommodative monetary policy to curb inflation?

Morocco’s central bank will hold its second meeting this year on June 21 to take key monetary policy decisions with analysts predicting the bank to increase key borrowing rates to mitigate the impact of imported inflation. Morocco has maintained the key interest rate at an all-time low of 1.5% since June 2020 to spur the […]