FINANCIAL MARKETS HEADLINES

| MOROCCO | CMT | NIGS up 3% in H1 2024

| MOROCCO | SNEP | A loss of MAD -32 Mn in H1 2024

| MOROCCO | ADDOHA | NIGS almost doubled in H1 2024

| MOROCCO | ALUMINIUM DU MAROC | A profit of MAD 23 Mn in H1 2024

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ECONOMIC HEADLINES

| MOROCCO | GDP | A growth rate of 2.4% in Q2 2024
According to HCP, the growth rate of the Moroccan economy stood at 2.4% in Q2 2024 compared to 2.5% a year earlier. This re-sults from the increase of 3.2% in non-crop activities against a decrease of 4.5% in crop activities.


| MOROCCO | RATING | Moody's affirms Morocco's Ba1 rating with stable outlook
As of September 27th 2024, the international rating agency Moody's affirms Morocco's Ba1 ratings while maintaining its outlook stable.

 

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