Moroccan Families Join Forbes’ Top 100 Family Businesses

Three Moroccan families have been included in Forbes (Middle East) Top 100 Arab Family Businesses 2023, a list compiling top family-run enterprises, in which over 60% are key owners in a regional stock exchange-listed company.
“O Capital Group,” established by billionaire Othman Benjelloun, is the first Moroccan name on the list, ranking 21 for investing in many domains such as banking, renewable energy, agriculture, logistics, transport, media, real estate, IT, telecoms, insurance, and financial services.
Through the Bank of Africa which he leads, Benjelloun was named one of Forbes’ top 100 corporations in the MENA area earlier this year.
Abdelkader Bensalah’s “Holmarcon Group” takes the 87th spot on the list. The company is active in Finance, agro-industry, logistics, and real estate.
The company is present in 6 African countries: Morocco, Burkina Faso, Ivory Coast, Benin, and Kenya, with 3 companies listed on Stock Exchange: Les Eaux Minérales d’Oulmès, AtlantaSanad Assurance, and Crédit du Maroc.
The 92nd-ranked Moroccan agro-industrial company is “Diana Holding,” created by Brahin Zniber and managed by Rita Maria Zniber.
Maria Zniber appeared on Forbes (Middle East) list of 100 most prominent businesswomen this year.
According to Forbes, only four of the top 100 family companies are led by women.