Moroccan royal family, chinese firm in $2-billion joint venture
Al Mada, the holding company of Morocco’s royal family, is partnering with CNGR Advanced Material Co. to establish an industrial base in Morocco.
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Al Mada, the holding company of Morocco’s royal family, is partnering with CNGR Advanced Material Co. to establish an industrial base in Morocco.
Morocco’s King Mohammed VI controls Al Mada, his royal family office which owns 49.59 percent of Attijariwafa, a Moroccan multinational bank.
Al Mada, the private investment firm of the Moroccan royal family, has set up a new firm called Teralys to acquire a majority stake in Senegal’s Patisen.
Managem, controlled by the Moroccan royal family, has acquired control of the Boto gold property in Senegal for $197 million.
The Mohammed VI Investment Fund aims to revive activity in Morocco’s tourism sector.
His foundation has donated provisions to a polyclinic in Nima in Greater Accra.
The plant will facilitate fertilizer production using gas reserves, improve Nigerian agriculture and enhance bilateral trade between the countries.