Read on app Read on app
✕
Prayer Times
  • Morocco
  • Lifestyle
  • Western Sahara
  • Login
Morocco World News
  • Home
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
  • World Cup 2026
No Result
View All Result
Morocco World News
  • Home
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
  • World Cup 2026
No Result
View All Result
Morocco World News

Home > Economy > Morocco’s UM6P Raises Nearly $1 Billion Funds from OCP Foundation

Morocco’s UM6P Raises Nearly $1 Billion Funds from OCP Foundation

The OCP Foundation has injected MAD 10 billion ($986 million) into Mohammed VI Polytechnic University (UM6P), according to converging news reports.

jihane-rahhoubyjihane-rahhou
Apr, 01, 2023
0 0
A A
Morocco’s UM6P Raises Nearly $1 Billion Funds from OCP Foundation

Morocco’s UM6P Raises Nearly $1 Billion Funds from OCP Foundation

Follow the latest news from Morocco World News

Join on WhatsApp Join on Telegram

Rabat – The OCP Foundation has injected MAD 10 billion ($986 million) into Mohammed VI Polytechnic University (UM6P), according to converging news reports.

After receiving the capital from the OCP Foundation, UM6P’s capital rose to MAD 32 billion ($3.1 billion), up from MAD 22 billion ($2.1 billion), reports indicate.

UM6P is set to use the capital to carry out plans to expand its campuses in Benguerir, Rabat, and Laayoune. The university is also set to launch a number of new projects, including the Smart Health Care City in partnership with Akdital. 

The project is one of the massive facilities of the new green city of Benguerir, an ambitious project for a sustainable city in the desert area of Morocco, near Marrakech.

The Smart Health Care City will host three hospitals inserted on a logistical and clinical platform. The project is expected to become operational in September 2024.

The university has also announced the construction of the DoubleTree by Hilton hotel in Benguerir, with a capacity of 200 beds. The hotel should become operational by September 2023. This new infrastructure aims to cater to the needs of the university’s students and visitors to its Benguerir campus.

The facility will feature a state-of-the-art gym, among other recreational facilities. For meetings and events, plans for the hotel include six meeting rooms and a conference room. 

The hotel will be owned by Societe Hoteliere de Ben Guerir, a subsidiary of Mohammed VI Polytechnic University. 

In recent years, UM6P has emerged as a research powerhouse in Morocco and Africa at large. The university is currently funding research in key areas that directly address some of the most pressing challenges Morocco is facing, including agriculture, energy efficiency, and water management.

Read Also: Morocco’s UM6P Hosts Delegation From Top Israeli University to Boost Cooperation

Tags: Mohammed VI Polytechnic UniversityMohammed VI Polytechnic University (UM6P)UM6PUM6P Ventures
TweetShareShareSendShareScan

Recent News

Maroc Telecom Launches 22nd Beach Festival with 60 Free Concerts

Maroc Telecom Launches 22nd Beach Festival with 60 Free Concerts

July 18, 2026
Libya has officially launched its bid to host a future edition of the Africa Cup of Nations (AFCON), submitting a formal letter to the Confederation of African Football (CAF) expressing its interest in organizing the continental tournament in 2028, 2032 or 2036.

Libya Officially Enters Race to Host AFCON 2028, 2032 or 2036 for the First Time in 44 Years

July 18, 2026
ClimateLaunchpad Morocco Opens Final Bootcamp in Agadir

ClimateLaunchpad Morocco Opens Final Bootcamp in Agadir

July 18, 2026
Spain head coach Luis de la Fuente has called for firm refereeing ahead of his side's 2026 FIFA World Cup final against Argentina, insisting that the match should be played within the laws of the game.

De la Fuente Warns Ahead of Argentina Match ‘The Referee Must Not Be Lenient’

July 18, 2026
The identity of the second Moroccan club in the 2026-27 CAF Confederation Cup remains unclear after the suspension of the 2024-2025 Throne Cup.

Morocco’s Suspended Throne Cup Creates CAF Confederation Cup Qualification Dilemma

July 18, 2026

USEFUL LINKS

  • About
  • Privacy Policy
  • Contact
  • Careers
  • Terms Of Use
  • Cookies Policy

TOPICS

  • Mawazine 2025
  • Environment
  • Politics
  • Lifestyle
  • Sports
  • Western Sahara

REGIONS

  • International
  • Maghreb
  • Middle East
  • Africa

Download our App


Download the Morocco World News app on Google Play for Android

Download the Morocco World News app on the Apple App Store for iPhone and iPad

Copyright 2026 Morocco World News. All rights reserved. Morocco World News is not responsible for the content of external sites.
Read about our approach to external linking.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • Home
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
  • World Cup 2026

Useful Links

  • Prayer Times

Useful Links:

  • Prayer Times

All Right Reserved © 2026 Morocco World News .

Contact us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?