Morocco has cemented its standing as the fourth most powerful economy in the Arab world, according to the Forbes Middle East 2026 ranking of the region’s 100 most valuable listed companies. The 100 companies featured carry a combined valuation of 3.7 trillion dollars, representing 86% of total market capitalization across the twelve MENA stock exchanges. Attijariwafa Bank heads the Moroccan contingent, ranked 39th with a valuation of approximately 12.5 billion dollars. It is followed by the pan-African mining group Managem at 48th rank with 10.8 billion dollars, and Maroc Telecom at 50th spot. His Bank of Africa group operates across more than 20 African countries with total assets exceeding 12 billion dollars.

Source: The North Africa Journal March 26, 2026 16:41 UTC