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Société Nationale D'Investissement
Al Mada, formerly the Société Nationale d'Investissement (SNI, ) is a large private Moroccan holding company mainly owned by the Moroccan royal family. Headquartered in Casablanca, the company was established in 1966. Al Mada operates in different fields such as banking, telecommunications, renewable energy businesses and food industry among others. The conglomerate also holds stakes in the country's largest private companies: Attijariwafa Bank, Managem (mining), Nareva (energy firm), Lafarge Ciments, and Marjane (supermarket chain). Al Mada is investing in other African countries (Cameroon, Ivory Coast, Rwanda, Gabon, etc.). The holding company used to be the majority shareholder of the now defunct ONA Group, until the activities of the latter were absorbed into the SNI and subsequently disposed of. In 2012, the company's consolidated turnover was MAD53 billion (US$5.3 billion) and its net income was MAD5 billion (US$500 million). History Created in 1966, SNI has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nareva
Nareva is an energy company in Morocco wholly owned by Al Mada, the holding company of King Mohammed VI. Activities Renewables The company has multiple wind farm projects. The units in Akhenfir, Haouma and Foum El Oued, with a capacity of 100 MW; 50 MW and 50 MW respectively, sell electricity directly to industrial clients, whereas the one in Tarfaya (300 MW) sells its production to the ONEE, under a 20-years contract and through a structure called TAREC (Tarfaya Energy Company), a 50–50 venture with GDF Suez. Nareva has established itself as a major contributor to the social and economic development in the continent. In compliance with the requirements of the energy transition, it possesses a broad, diversified, and well-balanced portfolio of electrical assets. See also * Jorf Lasfar Energy Company, a similar company owned by TAQA operating in Jorf Lasfar. *Desertec Desertec (Often: ''DESERTEC'') is a non-profit foundation aimed at sustainably and ecologicall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilmar International
Wilmar International Limited (); is a Singaporean food processing and investment holding company with more than 300 subsidiary companies. Founded in 1991, it is one of Asia's leading agribusiness groups alongside the COFCO Group. It ranks amongst the largest listed companies by market capitalisation on the Singapore Exchange (SGX), being the second largest as of September 2010. It was ranked 211th in the Fortune Global 500 list in 2020. It was ranked 3rd in the World's Most Admired Company (Food Production) by ''Fortune'' in 2019. Wilmar International business activities include oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, and biodiesel manufacturing, grains processing and merchandising, and sugar milling and refining. In 2021, Wilmar placed 2nd on FoodTalks' Global Top 30 Specialty Oil Companies list. It has over 500 manufacturing plants and an extensive distribution network ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arcelor Mittal
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 million metric tonnes in 2024. The company has steel-making operations in 15 countries, including 37 integrated and mini-mill steel-making facilities. In 2024, the company's production was 38% in the Americas, 53% in Europe and 9% in other countries, such as South Africa and Ukraine. The company is vertically-integrated and produces 58% of its iron ore needs, 90% of its coke needs, and 54% of its scrap and direct reduced iron needs. The company is ranked 190th on the Fortune Global 500. The company is 39.88% owned by Lakshmi Mittal and his family and the remainder of the company is publicly traded. The Company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, South Africa and, via its joint venture in India a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inwi
Inwi () (formerly known as Wana) is a telecommunications company in Morocco. One of the three major Internet service providers in the country, it is a subsidiary of the Moroccan holding Al Mada and the Kuwaiti group Zain. With more than 380 branches, Inwi is the third largest telecommunications company in Morocco, after Maroc Telecom and Orange. Inwi's network covers more than 92% of the country's territory. History Based in Casablanca, Wanadoo Maroc was created in 1999, by Karim Zaz. In 2004 and following the withdrawal of France Telecom, Wanadoo Morocco sold its subsidiary Maroc Connect to local investors: Attijariwafa bank and Caisse de dépôt nationale via its subsidiary, Fipar holding. In 2005, ONA became the reference shareholder of Maroc Connect. In 2006, Maroc Connect won the third 3G license in Morocco. In 2007, Maroc Connect became Wana, the third operator for home telephones and 3G internet. In 2009, Wana wins the third GSM license in Morocco under its Inwi bra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marrakesh-Safi
Marrakesh-Safi () is one of the twelve regions of Morocco.Jounaux.ma Its population in 2014 was 4,520,569. The capital is . History Marrakech-Asfi was formed in September 2015 by merging the old region of Marrakech-Tensift-El Haouz with the provinces of Asfi and Youssoufia in[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moment Magnitude Scale
The moment magnitude scale (MMS; denoted explicitly with or Mwg, and generally implied with use of a single M for magnitude) is a measure of an earthquake's magnitude ("size" or strength) based on its seismic moment. was defined in a 1979 paper by Thomas C. Hanks and Hiroo Kanamori. Similar to the local magnitude scale, local magnitude/Richter scale () defined by Charles Francis Richter in 1935, it uses a logarithmic scale; small earthquakes have approximately the same magnitudes on both scales. Despite the difference, news media often use the term "Richter scale" when referring to the moment magnitude scale. Moment magnitude () is considered the authoritative magnitude scale for ranking earthquakes by size. It is more directly related to the energy of an earthquake than other scales, and does not saturatethat is, it does not underestimate magnitudes as other scales do in certain conditions. It has become the standard scale used by seismological authorities like the United State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2023 Marrakesh-Safi Earthquake
On 8 September 2023 at 23:11 Daylight saving time in Morocco, DST (22:11 Coordinated Universal Time, UTC), an earthquake with a moment magnitude of 6.9 and maximum Mercalli intensity of IX (''Violent'') struck Morocco's Al Haouz Province. The earthquake's epicenter was southwest of Marrakesh, near the town of Ighil, Morocco, Ighil and the Oukaïmeden ski resort in the Atlas Mountains. It occurred as a result of shallow Fault (geology)#Oblique-slip faults, oblique-thrust faulting beneath the mountain range. At least 2,960 deaths were reported, with most occurring outside Marrakesh. Damage was widespread, and historic landmarks in Marrakesh were destroyed. The earthquake was also felt in Spain, Portugal, and Algeria. It is the strongest instrumentally recorded earthquake in Morocco, the deadliest in the country since the 1960 Agadir earthquake, and the second-deadliest earthquake of Earthquakes in 2023, 2023 after the 2023 Turkey–Syria earthquakes, Turkey–Syria earthquakes. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In Morocco
The COVID-19 pandemic in Morocco was a part of the COVID-19 pandemic, worldwide pandemic of COVID-19, coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have spread to Morocco on 2 March 2020, when the first case COVID-19 case was confirmed in Casablanca. It involved a Moroccan expatriate residing in Bergamo, Italy, who arrived from Italy on 27 February. A second case was confirmed later that same day involving an 89-year-old Moroccan woman residing in Italy who had returned to Morocco on 25 February from Bologna, Italy. As the outbreak widened in Morocco, in mid-March the Government closed schools and suspended international passenger flights. , there have been 676,683 confirmed cases, of which 598,958 have recovered and 10,163 have died. The government officially counts that 14,981,732 citizens have received the first vaccine injection, of whom 10,870,130 have also received the second injection. Backgroun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danone
Danone S.A. () is a French multinational corporation, multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States. As of 2018, Danone sold products in 120 markets, and, in 2018, had sales of €24.65 billion. In the first half of 2018, 29% of sales came from specialized nutritional preparations, 19% came from branded bottled water, and 52% came from dairy and plant-based products (including yogurt). History Name Danone was founded by Isaac Carasso (born İzak Karasu), a Thessaloniki-born Sephardic Jewish physician from the Ottoman Empire, who began producing traditional Turkish yogurt in Barcelona, Spain in 1919. The brand was named Danone, which translates to "little Daniel", after his son Daniel Carasso. In 1929, Isaac Carasso moved the company from Spain to Fra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ownership Of Société Nationale D'Investissement
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as ''title'', which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or Eminent domain, taking. Ownership implies that the owner of a property also owns any economic benefits or defic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Santander
Banco Santander S.A. trading as Santander Group ( , , ), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid. Additionally, Santander maintains a presence in most global financial centres as the 14th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In June 2023, Santander was ranked as 49th in the Forbes Global 2000 list of the world's biggest public companies. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola y García de los Ríos and Em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
