In Focus | Morocco
Mohammed VI to recapitalise his Al Mada holding company with funds from farmers' mutual insurance group

Faced with the worst economic crisis of his reign, the king plans to refinance his private holding company Al Mada via a $500m bond issue. The main subscriber is likely to be mutual smallholders' insurance group MAMDA-MCMA, which has already got him out of difficulty on several occasions in the past. [...]
Published on 01.06.2020 at 06:00 GMT Reading time 5 minutes
King Mohammed VI of Morocco.
King Mohammed VI of Morocco. © Niviere David/ABACAPRESS.COM/Reuters
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