
OECD Forecasts Global Growth Slowdown in 2025
The OECD predicts a global growth slowdown in 2025, with varying rates across major economies. Inflation is also expected to decline during this period.
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The OECD predicts a global growth slowdown in 2025, with varying rates across major economies. Inflation is also expected to decline during this period.

SMI reported a revenue of 628 million MAD for the first half of 2025, reflecting a slight increase despite a drop in sales volume. The company aims to enhance production and manage costs in the second half of the year.

In the first half of 2025, Société des Boissons du Maroc reported a consolidated revenue of 1,181.3 MDH, reflecting a 5.8% increase compared to the same period in 2024. The company also noted significant operational improvements and strategic initiatives.

Cosumar reported a consolidated revenue increase of 7.6% in the first half of 2025, despite a 6% decline in net profit compared to the previous year. The company is preparing for the upcoming sugar campaign with increased local production expectations.

Axiom Corp has received CIF approval from the AMMC, marking a significant step in its mission to support business growth and enhance the Moroccan capital market.

Bank Al-Maghrib has decided to maintain its key interest rate at 2.25% amid ongoing economic uncertainties. The bank's analysis indicates a mixed outlook for inflation and employment in Morocco.

Bank Al-Maghrib forecasts economic growth to accelerate to 4.6% in 2025, with agricultural value added increasing by 5%. Inflation is expected to remain moderate, while public finances show a significant improvement in ordinary revenues.

Imad Ghammad has been appointed as the new CEO of Cosumar following Hassan Mounir's retirement due to health reasons. Ghammad has been with the company since 2006 and has held several strategic positions.
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Ciments du Maroc reports a 37.7% increase in net profit for the first half of 2025, driven by strong construction sector growth and an asset sale. The company continues to focus on reducing carbon emissions and expanding its market presence.

HPS recorded a net loss of -47 million MAD in the first half of 2025, a significant decline from a net profit of 40 million MAD in the same period of 2024. The loss is attributed mainly to non-operational impacts.
In the first half of 2025, Delta Holding reported a consolidated revenue of 1,333 million MAD, down from 1,375 million MAD in 2024. The group's net profit decreased by 12%, but adjusted for non-recurring items, it showed a 20% improvement.

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