Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
Emirati firms Metito Utilities and Tahliya have announced in Dubai plans to build two seawater desalination plants powered with renewable energy in the Moroccan Sahara. The announcement was made Thursday on the sidelines of COP28 currently held in the UAE. It comes after the Declaration signed by King Mohammed VI and Sheikh Mohamed bin Zayed […]
No case of coronavirus infection has been reported so far in Morocco, Minister of State for Human Rights and Relations with Parliament Mustapha Ramid said on Monday in Rabat. The national epidemiological surveillance system helped monitor five suspected cases who tested negative to the new coronavirus, said the minister, who was speaking at the weekly […]
