Egyptian billionaire Samih Sawiris is spending €200 million on a resort Morocco never finished
Samih Sawiris wants to recreate El Gouna on Morocco's Atlantic coast, starting with 800 rooms in a €200 million first phase at Mogador-Essaouira.
Morocco
Morocco has a new billionaire, Mohammed Bouzoubaa, with a $1.6 billion stake in TGCC
Morocco has another new billionaire in TGCC founder Mohammed Bouzoubaa, whose 19.3 million shares in the construction group are worth $1.62 billion.
Morocco has a new billionaire, construction tycoon M'hammed Kabbaj, worth $1.7 billion
Morocco has a new billionaire in SGTM chairman M'hammed Kabbaj, whose 22.2 million shares in the construction group are worth $1.72 billion.
King Mohammed VI's family owns $17.5 billion in listed Moroccan firms, two-thirds of it mining
Morocco's royal family controls 60% of Al Mada, giving it roughly $17.5 billion in publicly traded Moroccan companies, with $11.3 billion in mining.
Moroccan tycoon Chakib Alj has taken control of Forafric Maroc's flour and pasta brands
Chakib Alj's Cap Holding has completed its takeover of Forafric Maroc, adding the Tria and Maymouna brands to Morocco's largest milling group.
Africa's millionaire population grew 4.1% on gold prices as global wealth hit $98.3 trillion
Africa's millionaire population grew 4.1% in 2025 on higher precious metal prices, with Morocco the fastest-growing market at 16.8%.
Morocco's prime minister is worth $1.6 billion and sells a third of its fuel
Aziz Akhannouch is worth $1.6 billion, sells Morocco a third of its fuel, and runs the government that awards his companies contracts.
Mohammed VI's sisters expand property empire with Delano Marrakech deal and French land
The three sisters of Morocco's king are deepening property bets, from a Delano hotel in Marrakech to French supermarket land.
Moroccan tycoon Chakib Alj's Forafric takeover revived after deal with Elbaz and Crédit Agricole
The stalled sale of Forafric Maroc to Chakib Alj has been revived after a deal between the tycoon, Yariv Elbaz and Crédit Agricole du Maroc.
King Mohammed VI gives Crown Prince Moulay Hassan his first real military job in a move that mirrors the king's own path to the throne 40 years ago
King Mohammed VI has appointed Crown Prince Moulay El Hassan as coordinator of Morocco's military general staff, giving the 22-year-old his first substantive role in the Royal Armed Forces.
Nigerian billionaire Abdul Samad Rabiu gives Super Eagles $500,000 despite loss to Morocco
Rabiu said he would honor the $500,000 pledge, framing the payment as a gesture of appreciation for the players’ performance and the lift they gave to national morale.
King Mohammed VI lists late mother’s Paris homes for $35 million
Morocco’s royal family has listed three Paris area properties tied to the late Princess Lalla Latifa, drawing fresh attention to royal wealth.
Moroccan tycoon Youssef Moamah’s CMGP acquires CPCM for $110 million to create chemical-agriculture giant
Multimillionaire Youssef Moamah leads CMGP’s bold push, acquiring 92.5% of CPCM in a MAD 1 billion ($110 million) deal to expand his chemical-agriculture empire.
Morocco’s King Mohammed VI launches $33 million mental health project
Morocco’s King Mohammed VI announces a $33 million project for a rehabilitation center offering psychiatric, vocational, and social support.
Bolt in talks to buy Moroccan ride-hailing firm from tech founders Belkhayat and Ziyat
Bolt is negotiating to acquire Moroccan ride-hailing startup VotreChauffeur.ma, signaling an aggressive North Africa expansion push.
King Mohammed VI unveils $557 million upgrades at Casablanca Port to boost Morocco’s global standing
King Mohammed VI opened a sweeping set of projects at Casablanca Port, part of Morocco’s push to elevate the city as Africa’s commercial and tourism hub.