It is in Rabat, on Tuesday, February 22nd, 2020, that the Embassy of the State of Kuwait in Morocco celebrated the National Day of the State of Kuwait. The event witnessed the presence of more than 500 guests from the political and economic world.
This year again, Al AJIAL Holding and its real estate subsidiary Farah Maghreb chose to accompany these festivities. A stand dressed in the colors of the Kuwaiti flag helped informing visitors: exchange space regarding tourism projects, real estate, as well as the participations of the holding, which knew a great success.
As a representative of the Kuwait Sovereign Fund in Morocco, Al AJIAL Holding was launched by KIA (KUWAIT INVESTMENT AUTHORITY) to manage its various investment projects. Bearing in mind that the company accompanies the Kingdom in its strategy of economic and social development, it directs its investments towards active sectors and activities with high value-added.
This year, Kuwait’s national holiday is celebrating the 59th anniversary of the State of Kuwait and the 29th anniversary of its liberation. On this national holiday, all the staff of AL AJIAL Holding and its subsidiaries get together to wish a Happy Independence Day, asking The Almighty God to grant the country health and happiness, and to assure the Kuwaiti people’s progress and success.
The investment company Al Ajial Holding has announced the appointment of Mr. Abdulaziz Mohammad ALOBAIDI as the new Managing Director, succeeding to Mr. Adham Mubarak AL TOURAH from January 1st, 2020.
Previously, Mr. Abdulaziz Mohammad ALOBAIDI held the position of General Manager of the Moroccan-Kuwaiti Development Group (CMKD) between September 2013 and May 2016, before its reorganization and merger with the company Farah Maghreb, in which he held the position of General Manager between May 2016 and December 2019.
Then, he held the position of Deputy General Manager of Al Ajial Holding from December 2018 to December 2019.
This decision is born from the trust of the Board of Directors in the convincing experience of Mr. ALOBAIDI in companies in which he held management positions both in the Kingdom of Morocco but also in other Arab countries.
This video was produced as part of the project “Accompaniment for the empowerment of young people in difficult situations through vocational training and integration into the job market” led by Bayti association and supported by the investment company Al Ajial Holding.
Organized on Saturday, September 29th, in the premises of the association Bayti, the video presented the achievements report, as well as the graduation ceremony for the young trainees who benefited from the program.
With the financial support of Al Ajial Holding, Bayti association has targeted through this partnership a new group of 100 girls and boys, between 16 and 24 years old, to support them in their transition to an active and independent life, through vocational training in different professions; while paying particular attention to the development of new professional and human skills, non-formal education and psychosocial care.
Thanks to this project, we intend to promote the employability of young people in difficult situations, to fight social exclusion and to generate a promoting environment for Morocco. This partnership is an example of the links that can be strengthened between the private sector and the civil society in order to build together a better future!
September 29th, in the premises of the association Bayti
Al Ajial Holding has just contracted a partnership with the Bayti Association to consolidate its training and professional integration program.
This project focuses on supporting the empowerment of young adults in difficult situations through professional training and integration into the labormarket. It is in line with the actions undertaken by Al Ajial Holding as part of its Social Responsibility program.
Indeed, thanks to the financial support of Al Ajial Holding, the Bayti Association aims at supporting a group of 100 young men and women, between the ages of16 and 24 yearsold and coming from disadvantaged families.
This program aims to support and integrate them in the labormarket, through trainings in various industries: esthetic salons, food and catering, aluminum, carpentry, tapestry, mechanics, pastry … a program that encourages entrpreneurship development of a life project.
Today, Al Ajial Holding is considered to be a committed player in society through the promotion of inclusion, the fight against social exclusion, as well as a policy of patronage in favor of culture, solidarity and environment.
New professional and humanskillswillbedeployed, suchas:
language and computer classes;
training in the management of income-generating activities;
training in self-entrepreneurship and creation and management of cooperatives.
The new partnership therefore aims to provide a concrete answer to a common challenge in Morocco. Through this program, Al Ajial Holding and the Bayti Association work to provide opportunities for professional integration to young women and men from disadvantaged backgrounds.
About the Bayti Association
Recognized NGO of public utility, the Association Bayti operates in favor of children and young adults in difficult situation in Morocco. Their mission is to fight exclusion and advocate for the protection and psychosocial rehabilitation of this category of people, particularly through assistance for school ,professional and family integration. Continuous professionnal training has thus been an important part of Bayti’s programs and actions since its creation 23 years ago. The Association also implements a series of initiatives through out the year: internships, coaching sessions, knowledge and skills strengthening. The main purposeis to make professional reintegration effective within the society and support young people gain personal and financial independence.