1.Attijariwafa bank finalizes the 100% acquisition of the capital of Barclays Bank Egypt: "The Attijariwafa bank group finalized, on Wednesday, the acquisition of 100% of the capital of Barclays Bank Egypt, in accordance with the agreement signed on October 4, 2016. After obtaining all the necessary regulatory approvals, the second largest capitalization of the Casablanca Stock Exchange announces, through a statement, the effective completion of the acquisition of 100% of the capital of Barclays Bank Egypt, which will become Attijari bank Egypt. The group states, in this connection, that the change of name is subject to the approval of the Extraordinary General Meeting of Barclays Bank Egypt and the Egyptian Central Bank."
2. Moroccan banks competing for the African Banker Awards 2017: "Attijariwafa Bank, the Central Guarantee Fund (CCG), and the Crédit Agricole du Maroc Group are on the list of banks nominated for the African Banker Awards 2017. Attijariwafa Bank is nominated for the "African Bank of the Year" award. Afreximbank, Guaranty Trust Bank (Nigeria), Mauritius Commercial Bank (Mauritius) and Standard Bank Group (South Africa) are also candidates for this trophy."
3. Burj Capital takes a stake in the importer of Harley Davidson: "The Burj Capital investment fund continues its investments in the Moroccan SMEs. In fact, Challenge has learned that this "small" vehicle, managed by independent business bank Burj Finance, has just taken a minority stake in Legendco, an importer and exclusive distributor of Harley Davidson in Morocco. This operation materializes Burj Capital's second investment after that of five million DH operated at the end of 2015 in the capital of Market Plus (formerly Epicerie.ma), the online supermarket eponymous which took the bet, since 2016, to deploy a physical distribution network in parallel."
4. Attijariwafa bank launches in open innovation: "The international program of Open Innovation "Smart Up" of the Moroccan banking group Attijariwafa Bank was launched in Casablanca this Tuesday. This is a very first experience of the banking group in the field initiated in partnership with ScreenDy. "Smart Up" is a program that aims to develop innovative solutions meeting the needs to the development of the bank. It will enable the implementation of new management and reflection processes which rely, on one hand, on the potential of the teams internally, and on the other hand, on a web of external talents made up of startups, developers, incubators, designers or others, so as to create a real innovation ecosystem around the Group."
5. Amandary invests 270 MDH in a new project: "Amandary Real Estate Group invests in a very high new project standing in Casablanca, called Aigue-Marine, a luxury residence composed of 105 apartments. Casablanca shelters a new luxury real estate project, Aquamarine. Developed by the Amandary Group, this very high-end residential complex located on the road of Azemmour, closed and secure, and consists of 105 apartments of 168 m² and 213 m². "Through this new project, which enriches the achievements of Amandary, we are particularly concerned with the satisfaction of future purchasers by putting at their service our expertise and know-how accumulated over decades. The proposed services are very high-end," explains Amine Chraibi, the General Manager of Amandary. This way of life, Amandary interprets it in terms of space management."
Crédit : IMPERIUM MEDIA
