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Mustafa Hassani highlights that mutual funds in Morocco now account for half of the country's GDP, reflecting significant growth in the financial sector.
CDG Invest Growth has acquired a minority stake in l'Assiette Nordique, aiming to enhance its industrial expansion and market position in Morocco's seafood sector. This partnership will support innovation and growth.
Nadia Fettah, Morocco's Minister of Economy and Finance, met with Ousmane Dione, Vice President of the World Bank, to discuss cooperation and upcoming reforms. The meeting highlighted Morocco's commitment to inclusive growth and social development.
Investor optimism is buoyed by hopes of a Federal Reserve interest rate cut, as European markets await key economic data. Major companies are set to report earnings soon.
Tarik Senhaji, president of AMMC, emphasizes the historical significance of recent reforms in the mutual fund industry, urging for increased participation from individual investors to enhance national financing.
Morocco's budget deficit reached 55.5 billion dirhams by the end of October 2025, despite a positive balance from special treasury accounts. Revenue increased significantly, driven by various tax categories.
During the ASFIM annual conference, Khalid Safir announced that CDG will delegate 15 billion dirhams to mutual fund managers to enhance investment performance and diversify the Moroccan capital market.
The Moroccan Treasury successfully raised 7 billion dirhams through various bond maturities, with rates ranging from 1.95% to 2.606%. The settlement of the subscribed bonds is scheduled for next Monday.
As of September 2025, capital fundraising in Morocco has surpassed 83 billion dirhams, driven by negotiable debt securities and bond issuances. September alone saw capital raises of 6.677 billion dirhams.
European stock markets are anticipated to open higher, with positive signals from futures contracts. The CAC 40 in Paris is projected to gain 0.34% at the opening.
In late October, Quantum Capital Gestion received its initial fund approvals from the AMMC, marking a significant milestone for the independent management firm led by Majid Bennis.
The U.S. Senate passed a bill to fund the federal government until January, with the House expected to approve it soon. European investors await key economic data amid a holiday that may reduce trading volume.