helicopters

AU-PSC: Morocco stresses need to support countries in political transition to accelerate their return to AU

Morocco highlighted, on Tuesday before the African Union’s Peace and Security Council (AU-PSC), the urgent need to support countries in political transition to accelerate their return to the pan-African organization. During informal consultations with Burkina Faso, Gabon, Guinea, Mali, Niger, and Sudan, convened by the Kingdom as AU PSC chair for the month of March, […]

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 […]

OCP’s Nutricorps to increase fertilizer production capacity by 9 million tons

OCP’s fertilizer maker subsidiary, Nutricorps, said it plans to increase production capacity by 9 million tons by 2028. To that end, Nutricorps will set up new mining and industrial sites in Mzinda in Youssoufia and Meskala in Essaouira, it said in a statement. These complexes, designed to run exclusively on renewable energies (solar and wind), […]