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Al Suwaidi runs the company founded by his father, and there are strong rumours of a float - though no concrete signs yet. The group has a 7,000 strong workforce, with industrial services accounting for nearly have the US$135m a year annual turnover.
This has been boosted strongly by forays into construction, plant hire and IT. Although there is no progress yet on a public listing, the companys value has risen to US$190m in the past year. Early forecasts suggests that may even be a conservative figure once next years revenues come through.
This has been boosted strongly by forays into construction, plant hire and IT. Although there is no progress yet on a public listing, the companys value has risen to US$190m in the past year. Early forecasts suggests that may even be a conservative figure once next years revenues come through.
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I agree with what mustapha from london said, there are at least 5 multibillionairs in morocco not to mention the rising...



