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In accordance with Article 13 of Law 104-12 on freedom of prices and competition as amended and supplemented, and Article 10 of Decree No. 2-14-652 issued for its implementation, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible for it. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law 104-12 on freedom of prices and competition.
Names of the companies and groups concerned:
- Founding party No. 1: “Morocco-United Arab Emirates Development Company”;
- Founding party No. 2: “BEEAH Environment Services Investment Limited”.
Nature of the operation
- Creation of a joint venture.
Economic sectors concerned
- Treatment and recovery of construction and demolition waste (CDW);
- Treatment and recovery of commercial and industrial waste (C&I);
- Production of solid recovered fuels (RDF) from non-hazardous waste.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. April 8, 2026.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council has received notification of an economic concentration project concerning the creation of a joint venture between the company “Morocco-United Arab Emirates Development Company” (SOMED) and the company “BEEAH Environment Services Investment Limited” (BEEAH).
“Morocco-United Arab Emirates Development Company” is a Moroccan private holding company active in various sectors of the Moroccan economy, including education, real estate, leisure, industry, trade, and automotive. It also holds stakes in various portfolio companies. SOMED’s headquarters are located in Casablanca, Morocco.
“BEEAH Environment Services Investment Limited” is the investment vehicle of the BEEAH group, which is a public-private partnership active in the United Arab Emirates, Saudi Arabia, and Egypt in the waste management sector, holding stakes in various group companies. The BEEAH group’s headquarters are located in Sharjah, United Arab Emirates.
The joint venture will be engaged in the development, construction, ownership, and operation of advanced waste management infrastructure in Morocco.
Done in Rabat on March 27, 2026
