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BMCE: Othman Benjelloun is without partners or heirs
Third-ranking Moroccan bank BMCE Bank of Africa is struggling to complete the 6-billion-dirham recapitalization it needs to have in place before the end of 2019. Implicitly, it is the future of the bank after the departure of its 87-year-old founder, [. [...]
Alliances under attack in its Marrakesh VIP enclave
Panic stations at the Al Maaden Golf Resort! A banal dispute between co-owners in the Ochre City's most select housing development could force Alami Lazraq-owned property giant Alliances to give up nearly 15 hectares of land worth at least 35 [. [...]
Who is ready to take Corral's place at SAMIR ?
Officially, talks aimed at saving SAMIR (Société Anonyme Marocaine de l'Industrie du Raffinage) are continuing between Morocco and the company's principal shareholder, Corral (67% of capital), ahead of an extraordinary general meeting on October 12. [...]