FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | Recurring NIGS up 39% in 2021, DPS raised to MAD 15
| MOROCCO | SAHAM ASSURANCE | Net income up 79% in 2021, DPS raised to MAD 35
| MOROCCO | CIMAR | Consolidated revenue up 8% in 2021
At the end of December 2021, CIMAR's consolidated revenue stood at MAD 4,146 Mn, i.e. an increase of 7.6% compared to the same period of the previous year.
| MOROCCO | TGCC | Global revenue up 62% in 2021
In Q4 2021, TGCC's global revenue increased by 66.1% to MAD 1,384 Mn. In this context, the operator’s global revenue shows an increase of 61.7% to MAD 3,684 Mn in 2021.
| MOROCCO | TAQA MOROCCO | Consolidated revenue stable in 2021
In Q4 2021, the consolidated revenue of Taqa Morocco shows an increase of 31.9% to MAD 2,334 Mn. In this context, the operator's consolidated revenue show a slight increase of 0.3% to MAD 7,812 Mn in 2021.
| MOROCCO | ARADEI | Consolidated revenue up 55% in 2021
In Q4 2021, Aradei's consolidated revenue increased by 52% to MAD 117.3 Mn. In this context, the operator's consolidated revenue rose by 55.3% to MAD 421.1 Mn in 2021.
| MOROCCO | CARTIER SAADA | Sales up 50% during the period from 04/01/2021 to 12/31/2021
During the period from 04/01/2021 to 12/31/2021, Cartier Saada's revenue increased by 50% to MAD 163.2 Mn. In this context, exports represented 93% of the company's revenue, up 53% during the same period.
| MOROCCO | DLM | The company placed in receivership over 10 years
In a press release, Delattre Levivier Maroc announces that the company has been placed in receivership following the decision of the Commercial Court of Casablanca with:
- Acceptance of the Syndic's proposal;
- 10-year continuation plan;
- Maintenance of governance bodies.
ECONOMIC HEADLINES
| TUNISIA | TOURISM | Revenue up 37% as of February 20th 2022
As of February 20th 2022, Tunisia’s tourism receipts settled at TND 285.2 Mn, recording an increase of 37.1% compared to the same period of the previous year.
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