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 […]
King Mohammed VI has bestowed on former US ambassador to Morocco David T. Fischer the Alaouite Wissam of Commander’s Order, in recognition of his efforts to strengthen bilateral relations and close friendship between the two countries. The royal decoration was presented to Mr. Fischer by Morocco’s ambassador to the United States Lalla Joumala Alaoui […]
ACWA Power, a global player in water desalination and power generation, has announced collaboration with ECOHZ, that offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local women and support communities in Morocco. Stemming from its commitment to communities where it operates, and following its development of the world’s largest concentrated […]
