La Vie Eco Presse
Created in 1957 by Marcel Herzog, La Vie Eco Presse was founded to be the editing company of Morocco’s historical business and financial news print outlet La Vie Eco. In 1994, it was reacquired by French press magnate Jean-Louis Servan-Schreiber, close to Royal Advisor André Azoulay and Fouad Filali, King Hassan II’s ex-son in law and former Director of Royal Holding Group SNI/ONA.
In 1997, the company was sold again and has now a capital structure involving key players of Morocco’s economy. Current political figure Aziz Akhannouch and owner of mastodonte holding group AKWA is present in the capital structure through both a subsidiary of his holding group as well as through the holding. The companies SOFIMA and OFIMAR, own 5% each of the company, while Doumalliances - owned in majority by businessman Karim Tazi - and SOCOGES are each respectively at 1.11% and 2.77%.
Futhermore, in its supervisory board, and holder of 1 symbolic share, we find another current minister, member of government and owner of Saham Group - one of the top ten financial/insurance groups in the country - Moulay Hafid Elalamy. Alongside him, representing GD Capital, we find Jamal Chaqroun, spouse to Meriem Bensalah, businesswoman and President of the CGEM, who owns a symbolic share in a competitive paper: L’Economiste.
CAPITAL FINANCE, 0.005%
Iraqui Housseini Youssef , 0.005%
Guennoun Youssef, 0.005%
Akhannouch Aziz, 0.005%
Moulay Hafid Elalamy, 0.005%
Ammor Fatima Zahra, 0.005%
Public Limited Company with a Management Board and a Supervisory Board
Caractères is a subsidiary media company of the holding group Akwa, ownership of Moroccan billionaire and current Minister of Agriculture, Aziz Akhannouch.
Akwa is a large holding group that owns amongst others the fourth highest performing Moroccan company (Afriquia) that reached a revenue of $US 2 Billions in 2015. It belongs to Moroccan billionaire Aziz Akhannouch.
Other Print Outlets
La Vie Eco
Affiliated Interests Founder
Herzog was a French press owner.
Bd Abdellah Ben Yacine
Tax/ ID Number
Revenue (Financial Data/ Optional)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
Youssef IRAQI HOUSSEINI
Majid EL YACOUBI
Moulay Hafid EL ALAMI
Youssef IRAQI HOUSSEINI
Société SMYA represented by Mohammed Youssef ALAOUI
Société CAPITAL FINANCE represented by Kamil OUAZZANI
Société CARACTERES represented by Youssef IRAQI HOUSSEINI
Société GD HOLDING represented by Jamal CHAQROUN
Société OFIMAR represented by Omar SLAOUI
Société SOFIMA represented by Ali Chakib
Latest publicly available data on capital division dates back to 2008.
Latest available revenue and operating profit dates back to 2014.
The data publicly available online regarding the members of the directory and supervision boards was confirmed by an update of statutes obtained from the Tribunal of Commerce following a request.
No updated data were obtained from the tribunal regarding the division of capital.