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MOROCCO

Minor league Rahhal Chriqi gains major construction favour with gendarmes and army

The low-profile construction company Oulad Zerrad de Travaux Divers has won a contract to build the royal gendarmerie's Casablanca offices and is increasingly popular with the army. [...] (272 words)

Issue dated 19/01/2021 Reading time 2 minutes

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Business

Upline and Attijari secretly structure Mohammed VI's investment fund

Finance Minister Mohamed Benchaâboun has secretly instructed his favourite investment banks, Upline Corporate Finance and Attijari Corporate Finance, to structure the €4bn Mohammed VI Investment Fund which aims to revive Morocco's economy in the wake of the Covid-19 pandemic. [...]

Mohamed Benchaâboun, Moroccan Finance Minister. © Youssef Boudlal/Reuters

MOROCCO Business 02/12/2020

Foreign ministry gives Rahal Boulgoute's real estate expansion a discreet helping hand

The ministry helped Rahal Boulgoute win construction contracts in Gambia and Guinea Bissau. Now the businessman wants to build a luxury diplomatic quarter in Rabat. [...]

MOROCCO Business 24/11/2020

Akdital sets out to conquer Mohammed VI's 'social' PPPs

Akdital Holding healthcare group, founded by Rochdi Talib, has set up a new subsidiary to develop partnerships with the Moroccan state. [...]

MOROCCO Infrastructures Business 28/10/2020

Al Mada eyes Marrakech Airport privatisation

The Royal holding company Al Mada is looking to team with Vinci to manage the country's second airport. The Covid-19 pandemic may hasten the deal. [...]

Marrakesh airport. © YOUSSEF BOUDLAL/Reuters

FRANCE MOROCCO Business Diplomacy 16/10/2020

Franck Riester brings Eiffage and Palmeraie together on Morocco trip

France's foreign trade minister Franck Riester introduced French construction giant Eiffage to the Moroccan property giant Palmeraie during his visit to the kingdom, which has launched its post-Covid recovery plan. [...]

In Morocco, Franck Riester was accompanied by the former French Minister of Ecology Jean-Louis Borloo. © Franck Riester's Twitter Account

MOROCCO Business 04/06/2020

Construction federation to launch public works college

FNBTP, Morocco's national building and public works federation, wants to train the country's future construction professionals. On 21 May it decided to set up its own educational body. [...]

MOROCCO Business 15/05/2020

Construction mogul Mohamed Bouzoubaa moves into real estate development

The Covid-19 crisis has done nothing to dampen Mohamed Bouzoubaa's real estate ambitions. On 6 March, the head of construction giant TGCC set up a property development company called BFO Office. [...]

Spotlight

MOROCCO Business 23/01/2020

TGCC, Jet and SGTM target Mohammed VI's "social" PPPs

A year after Mohammed VI called before parliament for the launch of "public-private partnerships (PPP) in the social domain", the national construction market leaders TGCC, Jet Contractors and SGTM, which rely heavily on public sector orders, are looking forward to [. [...]

MOROCCO 09/05/2019

Princess Lalla Soukaina divorces Mehdi Regragui in secret

Lalla Soukaina, daughter of Princess Lalla Meryem (Mohammed VI's sister) [...]

Spotlight

MOROCCO Business 01/11/2018

Leonardo set to sell its spy planes to the army

Italian defence group Leonardo is set to score a hat-trick in the Maghreb. Already on the offensive in Algeria (MC 1276) and Tunisia (MC 1282), where it is trying to sell its spy planes and transport helicopters to the security [. [...]

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Ahmed Eddike
Elhyadna
Forces armées royales
Forces auxiliaires
Gendarmerie royale
Hayasan Invest
Jet Contractors
Lalla Soukaina
Mehdi Ben Abdelmottaleb Regragui
Mohammen VI
Oulad Zerrad de travaux divers
Rahhal Chriqi
TGCC

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Eskom's fate caught up in the clash between Ramaphosa and Mantashe

Shillings, prayers and votes: democracy in a very religious country