THE MIDDLE EAST’S
Top 100 Arab
Family Businesses
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29. O Capital Group
Country: Morocco
Sector: Diversified
Establishment: 2021
Chairman : Othman Benjelloun
O Capital Group is the result of the absorption of FinanceCom by Holding Benjelloun Mezian in 2021. The group employs 20,000 people and has a presence in more than 20 African countries. The group is investing $500 million to build one of the tallest buildings in Africa in Rabat, Morocco. O Capital Group’s revenues hit $2.5 billion in 2021. It owns 36.3% of the Bank of Africa (BMCE) Group. One of BMCE’s notable projects, in partnership with state-owned China Communications Construction Co, is the development of the Tanger Tech Mohammed VI city near Tangier. Chairman Othman Benjelloun created the Benjelloun-Meziane Foundation with his wife, Leila Mezian, in 1967.