King Mohammed VI, part of his strong, personal response to the earthquake that struck Morocco on September 08, has made a financial contribution of MAD 1 billion ($100 million) to the special relief fund for the tremor victims, through Al Mada holding, in which the Sovereign is the main shareholder.
At the recommendation of its main shareholder, King Mohammed VI, the board of directors of Al Mada decided to provide a financial contribution of 1 billion dirhams to the Special Fund for managing the effects of the earthquake.
The special fund was created at the King’s instructions on September 11 to coordinate solidarity initiatives in response to this unprecedented natural disaster.
Read the full story on The North Africa Post here.