1. Med Paper: The continuous decrease in the sales in 2016: ""In the wake of the profit warning published in the first half of 2016, the specialist in the paper industry, Med Paper, showed decreased results compared with 2015, with a continuing decline in sales," commented the analysts at BMCE Capital Bourse. Always impacted by the market disturbances due to the unfair competition from foreign exporters that would practice, according to the company's management, dumping prices, Med Paper's turnover showed a decline of an 18% to 83.3 million Dirham (MDH). On the occasion of the publication of the annual results of the company listed in the Casablanca Stock Exchange, the analysts at BMCE Capital Bourse point to a decline of a 42.2% in the operating expenses to 110.6 million Dirham, representing now a 133% of incomes against a 188% in 2015."
2. Nearly 300 project holders and start-ups in the CCG's viewfinder: " It is done. The Central Guarantee Fund (CCG) has just launched the Call for Expressions of Interest (CEI) for the labeling of accompaniment structures for project holders and innovative startups concerned by the Fonds Innov Invest. The latter is a support fund for the start-up companies and innovative SMCs (less than 5 years old). This disposal, managed by the CCG, on behalf of the State, is endowed with 500 million Dirham financed by the World Bank. The Innov Invest Fund includes, among others, a component to support the entrepreneurial ecosystem in Morocco."
3. Opening of the 9th Conference of Agriculture with the participation of Mr. Alpha Condé, the President of the African Union: "The Agricultural Conference which being held in Meknes in the 17th of April, 2017, will be attended by Mr. Alpha Condé, the President of the African Union and the President of the Republic of Guinea. Invited to this edition, Mr. Condé will give an opening speech at the opening of the ninth Agriculture Conference and will also attend the inauguration of the 12th edition of the International Exhibition of Agriculture in Morocco (SIAM) in the 18th of April."
4. Centrale Danone rewards the breeders partners: "Centrale Danone celebrates the first anniversary of its program "Hlib Bladi". The leader of the dairy sector in Morocco wants to take advantage of its presence at the 2017 edition of the International Agricultural Fair (SIAM), which opens its doors today, to award trophies to the breeders that joined the program at an official ceremony scheduled at the Fair in the 20th of April. This program, which accompanies the development of 10,000 small-scale breeders by 2020 through a technical and human supervision provided by experts from Centrale Danone, is part of the integrated vision of the agro-industrial group."
5. Hilton will pilot its North African activities from Casablanca: "Hilton makes Casablanca the center of its operations in North Africa. The international hotel company has just chosen the economic capital of the Kingdom to open an office dedicated to its development in the region. The choice of the city of Casablanca is not insignificant. The company announced a few months ago the construction of a first hotel: The Hilton Garden Inn Casablanca Sidi Maârouf. North Africa constitutes a major stake for the hotel group. "Building on its strong presence in the region, with 15 hotel projects in Morocco, Algeria, Egypt and Tunisia, Hilton has designated North Africa as the preferred area for its future growth," said a statement. And the Casablanca office allows the hotel group to be closer to its portfolio in the region."
Crédit : IMPERIUM MEDIA
