Prince Moulay Rachid’s Company to Open Snack Factory Near Rabat, Creating 100 Jobs

– byKamal · 1 min read
Prince Moulay Rachid's Company to Open Snack Factory Near Rabat, Creating 100 Jobs

The "Providence Holding" group, in which Prince Moulay Rachid is the majority shareholder, will open a new industrial unit in the Rabat region. The factory will specialize in the production of crackers (dry biscuits, chips...)

The launch of this production unit should create about a hundred jobs, according to the confidences reported by the site Akhbarona, which does not however venture on the date of its commissioning.

Originally targeting real estate investments, before being hit by the crisis related to the coronavirus, the prince Moulay Rachid’s holding company had to turn to other more buoyant sectors, writes the same source.

Discreet and elegant, in the image of his late father Hassan II, the public relations man of the monarchy celebrated his fiftieth birthday on June 20.