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Morocco
How Yamed got its hands on Casablanca's most sought-after building site

Reading time 3 minutes

This article is part of this Running Story

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

The Les Arènes site, where Yamed and princesses Lalla Asmae and Lalla Hasna plan to build a Hilton hotel, was sold to them at an advantageous price by Crédit du Maroc, even though the bank had long planned to build a major complex there itself in Casablanca's most expensive district.

This article is part of this Running Story

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

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