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Morocco Condemns Knife Attack in French City of Nice, urges moderation

Morocco has strongly condemned the knife attack carried out on Thursday at a church in French city of Nice which left three people dead. The attacker, A male suspect, of Tunisian origins, was shot and arrested by the Police.     In a statement released by the foreign ministry, Morocco also voiced solidarity with the […]

Casablanca Stock Exchange reports record oversubscription for Vicenne’s IPO

The initial public offering (IPO) of Vicenne, a leading Moroccan medical equipment company, broke a new record on the Casablanca Stock Exchange with an IPO that was oversubscribed 64 times. The offering attracted over 32 billion dirhams in demand by investors for shares worth just 500 million dirhams, resulting in an unprecedented oversubscription. Vicenne offered […]

World Bank ready to strengthen support to Morocco’s development efforts- WB President

The World Bank is ready to strengthen its support to Morocco’s economic and social development efforts, said Wednesday in Rabat, President of the World Bank Group, David Malpass. The WB official, who had meetings with Head of the Government Aziz Akhannouch and Minister of Economy and Finance, Nadia Fettah Alaoui, congratulated Morocco for “its effective […]