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The ONA Group (Omnium Nord-Africain, Arabic: مجموعة أونا), estabilshed in 1919 during Morocco's status as a French protectorate and was initially composed of the Moroccan assets of the French Bank Paribas. ONA Group is a large industrial and financial conglomerate, or holding company. The company is active in the sectors of banking, insurance, fishing industry, food industry, retailing, tourism, information technology and mining. The Moroccan royal familiy holds stock in this conglomerate through its holdings in Siger. In 2005, the Group reported a revenue of 26.133 billion MAD (2.774 billion US$) and a net income of 774 million MAD ($82.16 million), and employed 22 786 people.
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