Monthly Archives: March 2016

Al Ajial Holding trains tomorrow’s leaders

Al Ajial is renewing its commitment to leadership with an innovative outreach program aimed at university level students. Volunteer Al Ajial managers & employees will provide the Foundation with their experience & network through a 5 year mentoring program designed to identify today and support the leaders of tomorrow. Special training has been provided by

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Qatar & Morocco $2bn venture

Qatari & Kuwaiti Sovereign wealth funds  led pledges to invest almost $3bn in  Morocco, cementing ties between the Arab countries. Qatar’s sovereign wealth fund and the Moroccan state agreed to establish a 50-50 investment joint venture worth $2bn that aims to help Rabat fund major development projects, a statement from the Moroccan government said. The Emir H H Sheikh Hamad bin Khalifa Al Thani and King Mohamed the VI attended the signing ceremony for the agreement in Rabat to set up the joint venture fund between the Qatar Investment Authority (QIA) and its Moroccan equivalent.

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Invest in Morocco

With FDI projects up 52% in Morocco, Casablanca becoming the highest ranked stock exchange in Africa and the government multiplying incentives, Morocco, gateway to Europe and Africa, is truly pioneering economic growth. Politically stable with world class shipping & transport infrastructure, a young and educated workforce, ambitious new industrial ecosystems, heavy investment in renewables and

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CMKD becomes Al Aijal

The ex Consortium Maroco-Koweïtien du Dévemoppement, aka CMKD, is to be replaced by Al Ajial holding. Majority owned by the “Kuwait Investment Authority” (KIA), aiming to reinforce its presence in Morocco where it aims to become one of the most active and important. Al Ajial already owns a 20% stake in the Wessal Capital investment

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