Morocco is a sovereign country located in the Maghreb region of North Africa. Morocco's economy is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, the country has followed a policy of privatisation of certain economic sectors which used to be in the hands of the government.[1] Morocco has become a major player in the African economic affairs,[2] and is the 5th African economy by GDP (PPP). Morocco was ranked the 1st African country by the Economist Intelligence Unit' quality-of-life index, ahead of South Africa. However, Morocco has since then slipped into fourth place behind Egypt, but ahead of Angola.[citation needed]
Notable firms
editThis list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
2M TV | Consumer services | Broadcasting & entertainment | Casablanca | 1989 | State television | S | A |
Agma Lahlou-Tazi | Financials | Full line insurance | Casablanca | 1964 | Life insurance | P | A |
Air Arabia Maroc | Consumer services | Travel & leisure | Casablanca | 2009 | Low cost airline | P | A |
Akwa Group | Oil & gas | Exploration & production | Casablanca | 1932 | Oil and gas | P | A |
Attijariwafa Bank | Financials | Banks | Casablanca | 1904 | Bank | P | A |
Banque Commerciale du Maroc | Financials | Banks | Casablanca | 1911 | Bank, defunct 2004 | P | D |
Banque Populaire du Maroc (BCP) | Financials | Banks | Casablanca | 1961 | Bank | P | A |
Bank of Africa | Financials | Banks | Casablanca | 1959 | Bank | P | A |
BMCI | Financials | Banks | Casablanca | 1943 | Bank | P | A |
Casa Air Service | Consumer services | Airlines | Casablanca | 1995 | Private airline | P | A |
Casablanca Stock Exchange | Financials | Investment services | Casablanca | 1929 | Exchange | P | A |
Comarit | Industrials | Marine transportation | Tangier | 1984 | Ferry operator, defunct 2012 | P | D |
Compagnie de Transports au Maroc (CTM) | Consumer services | Travel & tourism | Casablanca | 1919 | Public transportation | P | A |
Compagnie Générale Immobiliere | Financials | Real estate holding & development | Rabat | 1960 | Real estate | P | A |
Compagnie Marocaine de Navigation | Industrials | Marine transportation | Casablanca | 1946 | Shipping | P | A |
Eco-Médias | Consumer services | Publishing | Casablanca | 1991 | Publisher | P | A |
El Alami Group | Industrials | Heavy construction | Tangier | 1950 | Construction | P | A |
Ferrimaroc | Industrials | Marine transportation | Nador | 1994 | Ferry operator | P | A |
Free Media | Consumer services | Publishing | Casablanca | ? | Publisher | P | A |
FRS Iberia/Maroc | Industrials | Marine transportation | Tangier | 2000 | Ferry operator | P | A |
Inwi | Telecommunications | Fixed line telecommunications | Casablanca | 2009 | Telecommunications, internet | P | A |
Jet4you | Consumer services | Airlines | Casablanca | 2006 | Low cost airline, defunct 2012 | P | D |
Laraki | Consumer goods | Automobiles | Casablanca | 1999 | Automotive | P | A |
Les Domaines Agricoles | Consumer goods | Farming & fishing | Casablanca | 1960 | Agribusiness | P | A |
Marjane | Consumer services | Food retailers & wholesalers | Casablanca | 1990 | Supermarket chain | P | A |
Marjane Market | Consumer services | Food retailers & wholesalers | Rabat | 2002 | Supermarket chain, part of Marjane | P | A |
Maroc Soir Group | Consumer services | Publishing | Casablanca | ? | Publishing | P | A |
Maroc Telecom | Telecommunications | Fixed line telecommunications | Rabat | 1998 | Telecommunications | P | A |
MarsaMaroc | Industrials | Transportation services | Casablanca | 2006 | Ports | P | A |
Med Airlines | Industrials | Delivery services | Casablanca | 1997 | Cargo airline | P | A |
Orange Morocco | Telecommunications | Mobile telecommunications | Casablanca | 2000 | Mobile | P | A |
Mena Media Consulting | Industrials | Business support services | Rabat | 2004 | Public relations | P | A |
Mondair | Consumer services | Airlines | Agadir | 2002 | Charter airline, defunct 2004 | P | D |
Nareva | Oil & gas | Exploration & production | Casablanca | ? | Energy | P | A |
Nemotek Technologie | Industrials | Industrial machinery | Rabat | 2008 | Manufacturing | P | A |
OCP Group | Basic materials | General mining | Casablanca | 1920 | Phosphates | S | A |
ONA Group | Conglomerates | - | Casablanca | 1934 | Conglomerate, defunct 2010 | P | D |
ONCF | Industrials | Railroads | Rabat | 1963 | Railway | S | A |
Poste Maroc | Industrials | Delivery services | Rabat | ? | Postal services | S | A |
RAM Cargo | Industrials | Delivery services | Casablanca | 2010 | Cargo airline, part of Royal Air Maroc | S | A |
Royal Air Maroc | Consumer services | Airlines | Casablanca | 1957 | Flag carrier | S | A |
Royal Air Maroc Express | Consumer services | Airlines | Casablanca | 2009 | Airline, part of Royal Air Maroc | S | A |
Siger | Conglomerates | - | Casablanca | 2002 | Holding company | P | A |
Société Automobiles Ménara | Consumer goods | Automobiles | Casablanca | 1972 | Automotive | P | A |
Société Nationale d'Investissement | Conglomerates | - | Casablanca | 1966 | Holding company | P | A |
Somaca | Consumer goods | Automobiles | Casablanca | 1959 | Automotive | P | A |
SOMED | Conglomerates | - | Casablanca | 1982 | Mining, tourism, real estate | P | A |
Sonasid | Basic materials | Iron & steel | Casablanca | 1974 | Steel | P | A |
Sopriam | Consumer goods | Automobiles | Casablanca | 1977 | Automotive | P | A |
Wafa Assurance | Financials | Full line insurance | Casablanca | 1972 | Insurance | P | A |
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The central bank of Morocco, Bank Al-Maghrib.
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Solar cell panels in eastern Morocco.
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Jacobs Group Industries built in 1998.
See also
editReferences
edit- ^ Leonard, Thomas M. Encyclopedia of the Developing World. Taylor & Francis. p. 1085. ISBN 0-415-97663-4.
- ^ Morocco major economic player in Africa, researcher[usurped]. Moroccobusinessnews.com (16 December 2009). Retrieved 17 April 2015.