Morocco-Covid 19: $200 million donation from Al Mada Holding

On the proposal of its main shareholder, the Al Mada Board of Directors donated more than $200 million to the special fund dedicated to the management of the Coronavirus pandemic in Morocco.

This important initiative translates the great interest and commitment of King Mohammed VI in managing the Coronavirus crisis, which is affecting the Kingdom.

This special fund, designed to cover coronavirus-related health costs and support sectors vulnerable to shocks induced by the Coronavirus crisis, had been created on March 16 at the instructions of King Mohammed VI.