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
Princesses Hasna and Asmae give assets a Dutch home

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. [...]
Princess Lalla Hasna, sister of King Mohammed VI of Morocco
Princess Lalla Hasna, sister of King Mohammed VI of Morocco © JUSTIN LANE/EPA
King Mohammed VI's sister, Princess Lalla Hasna has created a foundation in the Netherlands to transfer some of her global assets there. Her older sister Princess Lalla Asmae has had a similar structure in the country since 2019. [...]
Reading time 3 minutes
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 11d and 4h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 19/12/2025

Related topics to this article

Read also

Morocco
Moma Group to partner Moroccan royal family in luxury hotel venture

As it develops abroad, French hotel and restaurant player Moma Group, known for Café Lapérouse and Le Boeuf sur le Toit, is negotiating for a place in a Moroccan hotel complex. The project counts the family of late French property magnate Arnaud de Ménibus and two of King Mohammed VI's sisters among its shareholders.

LogoSubscribers only Business 03.11.2022
On our other sites

Moma Group forges ties with Morocco's royal family

As it spreads its wings abroad, French hotel and restaurant player Moma Group, known for fashionista hotspots Lapérouse and Le Boeuf sur le Toit, is negotiating for a place in a Moroccan hotel complex. The project counts the family of late French property magnate Arnaud de Ménibus and two of King Mohammed VI's sisters among its shareholders.

LogoSubscribers only Entourage Glitz 03.11.2022

15% OFF your subscription

Special offer: Only 11d and 4h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 19/12/2025

Related topics to this article

  1.  Home  
  2.  North Africa 
  3.  Princesses Hasna and Asmae give assets a Dutch home 
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!