|
SONASID
Sonasid () is a Moroccan steel manufacturing company headquartered in Casablanca. It specializes in the production of steel products primarily used in construction, including rebar and wire rod. Sonasid operates industrial plants in Nador and Jorf Lasfar. History Sonasid was established in 1974 as a state-owned enterprise. It was privatized in 1997 when it was acquired by the royal holding company ONA Group (now part of Al Mada). In 2006, ArcelorMittal increased its stake in the company through a 50-50 joint venture with SNI (now Al Mada), forming the entity ''Nouvelles Sidérurgies Industrielles'' (NSI), which now holds a controlling share in Sonasid. Operations The company runs two main production facilities: * A rolling mill and steel plant in Nador * A steelworks complex in Jorf Lasfar, near El Jadida Sonasid’s product portfolio includes long steel products mainly serving the domestic construction industry. Ownership As of the latest available data, the company's owner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Al Mada (holding)
Al Mada, formerly the Société Nationale d'Investissement (SNI, ) is a large private Economy of Morocco, 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 (business), 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). Hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Mada
''Al Mada'' ( ''al-Madā'') is a daily Arabic newspaper published in Baghdad, Iraq. The founder of the daily which was first published on 5 August 2003 is Fakhri Karim, an Iraqi former communist. The publisher is Al-Mada Foundation for Media, Culture and Arts. The paper has an independent. left-leaning and secularist Secularism is the principle of seeking to conduct human affairs based on naturalistic considerations, uninvolved with religion. It is most commonly thought of as the separation of religion from civil affairs and the state and may be broadened ... political stance. See also * Newspapers in Iraq References External links Official website 2003 establishments in Iraq Arabic-language newspapers Mass media in Baghdad Newspapers published in Iraq Newspapers established in 2003 {{Asia-newspaper-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of Morocco
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation or restoration of the land after the mine is closed. Mining materials are often obtained from ore bodies, lodes, veins, seams, reefs, or placer deposits. The exploitation of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Companies Of Morocco
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high elastic modulus, yield strength, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete reinforcing rods), in bridges, infrastructure, tools, ships, trains, cars, bicycles, machines, electrical appliances, furniture, and weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally take on two crystalline forms: body-centered cubic and face-centered cubic, however depending on the thermal history and alloying, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Morocco
The economy of Morocco is a market economy, governed by the law of supply and demand. Since 1993, in line with many Western world changes, Morocco has followed a policy of privatisation. Morocco has become a major player in African economic affairs, and is the 6th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the most competitive economy in North Africa, in its African Competitiveness Report 2014–2015. The economic system of the country demonstrated resilience to the climate, commodity, and pandemic shocks of the early 2020s. As of 2022, Morocco had the eighth-highest GDP in the Arab world, despite not being a significant oil-producing country. Since the early-1980s, the Moroccan government has pursued an economic programme toward accelerating economic growth with the support of the International Monetary Fund, the World Bank, and the Paris Club of creditors. From 2018, the country's currency, the Moroccan dirham, is fully convertible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Attijariwafa Bank
Attijariwafa bank is an international financial services group headquartered in Casablanca, Morocco. Since its formation in 2004 by merger between Banque Commerciale du Maroc (in Arabic, ''bank at-tijari'') and Wafabank, it has been the leading bank in Morocco and kept that rank as of 2024. It is listed on the Casablanca Stock Exchange. Attijariwafa Bank is controlled by the Al Mada holding company, which is affiliated with the Moroccan royal family. The bank maintains offices in Europe and Asia, and has expanded significantly into sub-Saharan Africa. It was the fifth largest bank in Africa in 2021, ranked by Tier 1 capital. Together with Maroc Telecom, it was also one of two Moroccan companies ranked among the 20 leading companies in Africa in 2022. History In 2005, Attijariwafa Bank in consortium with Banco Santander acquired 54 percent of ''Banque du Sud'' in Tunisia, subsequently renamed . In Senegal, it obtained a banking license in 2005 and started its own operation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wafa Assurance
Wafa Assurance is the insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ... subsidiary of Attijariwafa Bank, a Moroccan bank that is part of Al Mada holding. Key people *Boubker Jaï, Chairman of the Board and Chief Executive Officer, Member of the Executive Committee *Badreddine Belghiti, Deputy Managing director *Yasmine Aboudrar, Administrator - Representative of OGM *Rachida Benabdellah, Administrator *Hassan Bertal, Administrator *Ahmed Ismail Douiri, Administrator *Gilles Dupin, Administrator *Mohammed El Kettani, Administrator *Marie-Laure Mazaud, Administrator *Magali Noe, Administrator *Hassan Ouriagli, Administrator *Aymane Taud, Administrator *Abdelmjid Tazlaoui, Administrator Ownership *OGM (Owned by Attijariwafa Bank) 79.29% [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Jadida
El Jadida (, ) is a major port city on the Atlantic coast of Morocco, located south of the city of Casablanca, in the province of El Jadida and the region of Casablanca-Settat. It has a population of 170,956 as of 2023. The fortified city, built by the Portuguese at the beginning of the 16th century and named Mazagan (''Mazagão'' in Portuguese), was given up by the Portuguese in 1769 and incorporated into Morocco. El Jadida's old city sea walls are one of the Seven Wonders of Portuguese Origin in the World. The ''Portuguese Fortified City of Mazagan'' was registered as a UNESCO World Heritage Site in 2004, on the basis of its status as an "outstanding example of the interchange of influences between European and Moroccan cultures" and as an "early example of the realisation of the Renaissance ideals integrated with Portuguese construction technology". According to UNESCO, the most important buildings from the Portuguese period are the cistern and the Church of the Assump ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casablanca
Casablanca (, ) is the largest city in Morocco and the country's economic and business centre. Located on the Atlantic Ocean, Atlantic coast of the Chaouia (Morocco), Chaouia plain in the central-western part of Morocco, the city has a population of about 3.22 million in the urban area, and over 4.27 million in Greater Casablanca, making it the most populous city in the Maghreb region, and the List of largest cities in the Arab world, eighth-largest in the Arab world. Casablanca is Morocco's chief port, with the Port of Casablanca being one of the largest artificial ports in Africa, and the third-largest port in North Africa, after Tanger-Med ( east of Tangier) and Port Said. Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is a significant financial centre, ranking 54th globally in the September 2023 Global Financial Centres Index rankings, between Brussels and Rome. The Casablanca Stock Exchange is Africa's third-largest in terms of market c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jorf Lasfar
Jorf Lasfar (Arabic for "Yellow Cliffs")McGuinness, Justin.Morocco, 4th ed. (2003). Footprint Travel Guides. p. 142. . Google Books. Retrieved on April 7, 2011. is a deepwater commercial port located on the Atlantic coast of Morocco. In terms of the volume of product processed, as of 2004, it was considered the second most important port in Morocco (just after Casablanca). It is home to a swiftly expanding industrial quarter, which includes both major artificial fertilizer and petrochemical factories. Its harbour is well equipped for the exportation of phosphate rock (transported from Gantour and Ouled Abdoun) and various chemicals such as pure sulphur, ammonia, and sulphuric acid. The city is home to the largest independent power station in the country—primarily funded by investments from the Swedish-Swiss company ABB Group and the American company CMS Energy—which was thought to be capable of creating a third of Morocco's total power output.Müller-Jentsch, Daniel. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
