Morocco’s royal family gains $260 million from Attijariwafa bank in 18 days
Al Mada, the private company owned by members of the Alaouite royal family, owns 46.4 percent, or 97,433,137 units of the total issued and paid-up shares, of the bank.
Al Mada, the private company owned by members of the Alaouite royal family, owns 46.4 percent, or 97,433,137 units of the total issued and paid-up shares, of the bank.
However, the Alaouite Royal Family remains Morocco’s wealthiest family.
The Alaouite Royal Family owns a 45.3-percent stake in Attijariwafa Bank.