Subsidiary of French bank Société Générale has officially rebranded to Saham Bank, six months after Saham Group completed the acquisition. Société Général sold its Moroccan bank and its insurance subsidiary to Saham Group in 2024, worth 745 million euros. The transaction, which involved the acquisition of 57.67% of SGMB’s capital and voting rights, was first […]
FIFA President Gianni Infantino and Head of the Confederation of African Football (CAF) Patrice Motsepe arrived this Friday in Morocco to attend the draw of the Club World Cup due in the North African Kingdom between 1-11 February. The two top football officials arrived at the Rabat-Salé airport coming aboard a private jet from Algeria. […]
Morocco’s economy has been hit hard by the coronavirus outbreak but plans have been set up to relaunch the economic activity through promoting state investments and fostering domestic consumption, Finance Minister Mohamed Benchaaboun said. The government is preparing conditions to relaunch the economy after the lockdown affected most sectors notably exporting businesses, Benchaaboun told MPs […]
