00 days
00 hours
00 mins
00 secs
Special offer: -15%15% OFF your subscription
Consult our offers
Your account has been succesfully created.
EN FR
Scroll through edition

Morocco
Moulay Rachid casts himself as aviation industry's business angel following Boeing deal

Read this article in our running story
“Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage”
Morocco

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Mohammed VI's private holding company Al Mada is not the only one of its kind! Although Al Mada plays an ever more important role in the Moroccan economy, other members of the royal family are battling for leading roles in an increasing number of different economic sectors, including property, tourism, higher education and even aviation. The king's private secretary, Mounir el-Majidi, who also heads Al Mada, is notmissing out either. He has built up a little telecommunications empire, while members of his clan have gone into construction and security, often as sub-contractors to the companies of the royal family. [...]
Morocco's Prince Moulay Rachid.
Morocco's Prince Moulay Rachid. © Thierry Monasse/Pool via REUTERS
Prince Moulay Rachid, the brother of Mohammed VI, is looking to open up his MAIC fund, set up to finance the creation TDM Aerospace, to Moroccan institutional investors with a view to expanding subcontracting opportunities with Boeing and Airbus. [...]
Reading time 4 minutes
Finance, Business
Read this article in our running story
“Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage”
Morocco

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Mohammed VI's private holding company Al Mada is not the only one of its kind! Although Al Mada plays an ever more important role in the Moroccan economy, other members of the royal family are battling for leading roles in an increasing number of different economic sectors, including property, tourism, higher education and even aviation. The king's private secretary, Mounir el-Majidi, who also heads Al Mada, is notmissing out either. He has built up a little telecommunications empire, while members of his clan have gone into construction and security, often as sub-contractors to the companies of the royal family. [...]

15% OFF your subscription

Special offer: Only 14d and 21h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 24/01/2025

Set up email notifications for these topics

Read also

15% OFF your subscription

Special offer: Only 14d and 21h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 24/01/2025

Set up email notifications for these topics

  1.  Home  
  2.  North Africa 
  3.  Moulay Rachid casts himself as aviation industry's business angel following Boeing deal 
Finance Business

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!