Lemag: The holding company controlled by shareholders of the royal family, the National Investment Company (SNI) announced Tuesday the sale of a block of 27.5% of its shares in the capital of Cosumar at first Asian food group, Singapore's Wilmar. The transaction was completed for a price of 2,000...
Lemag: Abdelilah Benkirane's government launched a campaign to collect six of the 10 billion dirhams dirhams in unpaid taxes from corporations and individuals in 2013. According to the Arabic daily close to the PJD, Attajdid ,an authorized source at the Ministry of Economy and Finance, said the...
Lemag: South Korean telecom operator KT was on the list of officially competing for the purchase of shares in the capital of Maroc Telecom set for sale by Vivendi. KT Corp, South Korea Telecom Group has formalised its withdrawal from the race for the acquisition of 53% majority share in the capital...
Container traffic at the port of Tanger Med stood at the end of the first quarter of 2013 to 570,000 TEUs (twenty-foot equivalent), representing an increase of 37% compared to the same period last year. According to a statement from the Tanger Med Port Authority (TMPA), this trend, which also...
Montreal - Aero Montreal, Québec's aerospace cluster, opens from April 23 to 25, for the third time, the international aerospace community "AEROMART MONTREAL 2013", is one of the largest business conventions in North America for aerospace sector which will be attended by representatives of several...
Casablanca - BMCE Bank Group achieved at the end of fiscal 2012, the "outstanding performance", despite the payment of a total amount of 400 million dirhams (MDH) in respect of exceptional taxes, Director and Chief Executive Officer to the presidency, Brahim Benjelloun-Touimi said on Friday in...
Casablanca Nouaceur -. Group Royal Air Maroc (RAM) and Air France Industries announced on Thursday a new phase of development cooperation in their joint venture Aerotechnic Industries (ATI). Founded in 2009, the joint venture owned equally by the two partners, is expanding its activities in ) cell...
Romanian carmaker Dacia, owned by France's Renault, threatened on Wednesday to shift production to cheaper sites in Morocco if a pay conflict escalates. Workers at Dacia's Mioveni assembly line downed tools for two days last month in pursuit of a 40 percent pay increase, which the company has...
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