KUWAIT INVESTMENT AUTHORITY (KIA) REFOCUSES ITS ACTIVITIES IN MOROCCO THROUGH A NEW ENTITY: AL AJIAL HOLDING

AL AJIAL Holding is a new investment holding launched by KIA to replace the Moroccan-Kuwaiti Development Group (CMKD), which has been active for three decades in Morocco in investment projects.

The company aims at becoming one of the most active holdings in Morocco relying on its basic attractive features. To achieve this goal, KIA reinforced its financial engagement by increasing its capital to MAD 12 billion and by adopting a new strategy that targets diversifying investments in different business sectors of high potential.

By the end of 2014, KIA increased the capital of AL AJIAL Holding
to reach 12 billion MAD.
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ABOUT US

The Moroccan-Kuwaiti Development Consortium (CMKD) is a Moroccan company established in 1976 with a Kuwaiti capital. It focused its investments in the sectors of real estate and tourism development.

In order to realize its goals in Morocco, the consortium passes on the torch to AL AJIAL Holding to manage KIA’s projects in Morocco. The holding has a new ambitious strategic plan aiming at developing and diversifying investments in order to increase profits and create value for all parties.

To ensure a dynamic growth, the company relies on new governance including the simplification of its organizational structure, the creation of new departments like Human Resources and Information Systems, and the formation of a qualified and dynamic managing team.

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Strategic vision

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For about forty years, the Kuwaiti Investment Authority (KIA) strengthened its presence in Morocco through the “Moroccan-Kuwaiti Development Consortium” to keep up with Moroccan strategy of economic and social development.

Year after year, we were able to consolidate our presence in Morocco with a strong belief in its attractive features.

Today, we renew our trust in the future of Morocco. We will concentrate and develop our investments in several promising business sectors through the new entity: Al Ajial Holding. The company has adopted a new strategic outline based on the following themes:

Reorganizing the financial structure and increasing the capital of the company
• Increasing long term investments and diversifying the participations in high added-value business sectors
• Implementing a dynamic investment management
• Engaging the holding as a citizen company in culture and charitable activities

By creating the new holding, we add a new chapter to our history with the guidance of our founding values: respect, cooperation, collaboration, transparency, responsibility, passion for people and ownership. We remain committed to our will to create sustainable value to be shared with Moroccan society.

We are delighted and proud to share them with you and we invite you to discover more on our future website.

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Organizational structure

structure landingpage ajial EN 2
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OUR PARTICIPATIONS

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Al Ajial Holding has the ambition of becoming one of the most important and most active holdings in the Kingdom of Morocco by investing required capitals to increase the profitability of its shareholders and by addressing new value-added business sectors of the Moroccan economy.

Our assets and participations

 
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OUR COMMITMENT

Concerned with solidarity and social responsibility, AL AJIAL Holding is aware of the role that it should play in developing the company but also in creating sustainable value for all. This commitment is in line with the values that were adopted by its employees.
Thus, the holding has integrated in its approach the principles of a citizen and socially responsible company along with many concrete actions for the Moroccan community.

In this context, Al Ajial Holding supports charitable activities, rehabilitation of historical monuments and promotion of culture.

OUR VALUES

COLLABORATION

TRANSPARENCY

RESPECT

RESPONSIBILITY

PASSION FOR PEOPLE AND FOR OWNERSHIP

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CONTACT US





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