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Moroccan air carrier increases capital by four folds
Morocco, Business, 7/1/1999
The Moroccan air carrier, Royal Air Maroc, has increased its capital by four fold, from $28.57 million to $114.3 million. The company announced in a statement that the capital increase was decided in an extraordinary general assembly held on Tuesday. It was made possible due to the profits made by the company in the last years, the statement said.
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