FMDH-Ceremonie

Pharmaprom Invests 75 Million Dirhams in Casablanca Facility Expansion

Pharmaceutical manufacturer Pharmaprom is set to invest 75 million dirhams in expanding its production facility in Lissasfa near Casablanca, signaling growing confidence in Morocco’s pharmaceutical sector. The expansion, led by CEO Naoual Benyezzar, aims to significantly increase the company’s industrial and logistics capabilities as it targets 150 million dirhams in revenue within three years. The […]

Cobalt prices increase following DRC’s export ban

Prices of cobalt, a key mineral for energy transition, began to rise following an export ban by the Democratic Republic of the Congo to balance the market. On China’s Wuxi Stainless Steel Exchange on Monday, cobalt trading was paused after prices jumped nearly 12%, the highest since October. Last month, DRC said it will stop […]

Egypt’s stock market, Global Carbon Council to expand regional climate action scope

The Egyptian Exchange (EGX) signed a memorandum of understanding (MoU) with the Global Carbon Council (GCC) to enhance regional climate activities, Arab Finance reports citing an emailed press release. According to the agreement, carbon footprint certificates registered with the Global Carbon Council will be available for trading on the EGX, allowing investors to diversify their […]