According to the 2026 Forbes Middle East ranking of the 100 largest family conglomerates in the Middle East and North Africa (MENA) region, Morocco is represented by five business families. The list, published in early 2026, highlights the continued influence of family-owned groups in the region's economy.
The Moroccan conglomerates included are: ONA Group (owned by the Royal Family), Saham Group (owned by the Benjelloun family), Ynna Holding (owned by the Benjelloun family), Holmarcom Group (owned by the Kettani family), and Mutandis (owned by the Akhennouch family). These groups operate across diverse sectors including finance, industry, real estate, and distribution.
Forbes Middle East compiles the list based on a combination of factors including revenues, assets, and market capitalization. The 2026 edition reflects the resilience and growth of family businesses in the region despite global economic challenges.
