Economy Local 2026-03-25T18:54:02+00:00

Ben Ghazi Holding Confirms Steady Construction Operations and Sales

Ben Ghazi Holding reports steady construction progress and strong sales, achieving 5 billion dirhams weekly. New projects, including the Mercedes-Benz residential complex, show high performance. The company's credit rating is confirmed at Ba3 with a stable outlook.


Ben Ghazi Holding Confirms Steady Construction Operations and Sales

Ben Ghazi Holding has confirmed the continuation of its construction operations at a steady pace and in accordance with the set schedules, thanks to its fully integrated vertical operational model and complete supply chains, in addition to strong sales performance. The company reported that it has continued to achieve strong sales momentum, with average weekly sales reaching about 5 billion dirhams since the beginning of the latest geopolitical tensions. It also noted that new projects have shown strong performance, such as the recently launched "Mercedes-Benz Residences | Ben Ghazi City" project. Ben Ghazi also highlighted Moody's confirmation last week of the company's credit rating at Ba3 with a stable outlook. The agency pointed to the company's strong future vision, noting that about two-thirds of the total value of development projects under execution until February 2026 have been sold, in addition to about 90% of the units scheduled for delivery in the same year.