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Agma Lahlou-Tazi
AGMA is a Moroccan insurance company specialising in life insurance and asset management. History and profile Agma Lahlou-Tazi was established in January 1964. It is part of Mohammed VI's holding company SNI. The company was listed on Casablanca Stock Exchange in November 1998 and is based in Casablanca. Key people Key people of the company are as follows: *Mohamed Lahlou, Chairman of the Board and Managing Director *Hassan Benchekroun, Finance Director *Mohamed Doubiany, Director of Accountancy *A. Gabli, Director of Information Solutions (Systems) *A. Nougaoui, Director of Development, Organization and Communication *Abdelhay El Ouarzazi, Director of Human Resources, Foreign Claims *T. Awad, Director of Transport and Health Insurance *Nadia Bakkali, Assistant of Chairman of the Board and Managing Director *A. Benkiran, Director of Property Damage Insurance *N. Chekri, Director of Casualty Claims Insurance *Abdelaziz Cherrad, Director of Premiums Collection *Mostafa Hannaoui, Di ...
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Casablanca
Casablanca, also known in Arabic as Dar al-Bayda ( ar, الدَّار الْبَيْضَاء, al-Dār al-Bayḍāʾ, ; ber, ⴹⴹⴰⵕⵍⴱⵉⴹⴰ, ḍḍaṛlbiḍa, : "White House") is the largest city in Morocco and the country's economic and business center. Located on the Atlantic Ocean, Atlantic coast of the Chaouia (Morocco), Chaouia plain in the central-western part of Morocco, the city has a population of about 3.71 million in the urban area, and over 4.27 million in the Greater Casablanca, making it the most populous city in the Maghreb region, and the List of largest cities in the Arab world, eighth-largest in the Arab world. Casablanca is Morocco's chief port, with the Port of Casablanca being one of the largest artificial ports in the world, and the second largest port in North Africa, after Tanger-Med ( east of Tangier). Casablanca also hosts the primary naval base for the Royal Moroccan Navy. Casablanca is considered a Global Financial Centre, ranking 54th g ...
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Société Nationale D'Investissement
Al Mada, formerly the Société Nationale d'Investissement (SNI, ) is a large private Moroccan holding company mainly owned by the Moroccan royal family. Headquartered in Casablanca, the company was established in 1966. Al Mada operates in different fields such as banking, telecommunications, renewable energy businesses and food industry among others. The conglomerate also holds stakes in the country's largest private companies: Attijariwafa Bank, Managem (mining), Nareva (energy firm), Lafarge Ciments, and Marjane (supermarket chain). Al Mada is investing in other African countries (Cameroon, Ivory Coast, Rwanda, Gabon, etc.). The holding company used to be the majority shareholder of the now defunct ONA Group, until the activities of the latter were absorbed into the SNI and subsequently disposed of. In 2012, the company's consolidated turnover was MAD53 billion (US$5.3 billion) and its net income was MAD5 billion (US$500 million). History Created in 1966, SNI has been list ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ...
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Mohammed VI Of Morocco
Mohammed VI ( ar, محمد السادس; born 21 August 1963) is the King of Morocco. He belongs to the 'Alawi dynasty and acceded to the throne on 23 July 1999, upon the death of his father, King Hassan II. Upon ascending to the throne, Mohammed initially introduced a number of reforms and changed the family code, ''Mudawana'', granting women more power. Leaked diplomatic cables from WikiLeaks in 2010 led to allegations of corruption in the court of Mohammed, implicating him and his closest advisors. Widespread disturbances in 2011, a Moroccan element of the Arab Spring, protested against corruption and urged political reform. In response, Mohammed put into effect a program of reforms and introduced a new constitution. These reforms were passed by a public referendum on 1 July 2011. Mohammed has vast business holdings across several economic sectors in Morocco. His net worth has been estimated at between and over US$8.2 billion, and, according to the American business magaz ...
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Casablanca Stock Exchange
The Casablanca Stock Exchange ( ar, بورصة الدار البيضاء; french: La Bourse de Casablanca) is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region of the Middle East and North Africa (MENA), is Africa's third largest stock market after Johannesburg Stock Exchange (South Africa) and Nigerian Stock Exchange in Lagos. It was established in 1929 and currently has 19 members and 81 listed securities with a total market capitalisation of $71.1 billion in 2018. The exchange is relatively modern, having experienced reform in 1993. The CSE installed an Electronic trading platform, and is now organized as two markets: the Central Market and a Block Trade Market, for block trades. In 1997 the CSE opened a central scrip depository, Maroclear. Indexes Originally, CSE had the ''Index de la Bourse des Valeurs de Casablanca'' (IGB) as an index. IGB was replaced in January 2002 by two indexes: MA ...
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Mounir Majidi
Mounir Majidi (full name Mohamed Mounir El Majidi, ar, منير الماجيدي; born 19 January 1965) is a Moroccan businessman. He has been the personal secretary of King Mohammed VI since 2000 and president of the royal holding, SIGER, since 2002. He is also the president of Maroc Culture, the organization behind the Mawazine festival, of the Fath Union Sport (FUS) Rabat, of the Mohammed VI soccer academy, and of the Cheikh Zaid hospital's foundation. Biography Early life The son of a civil servant, Mounir Majidi was born and grew up in a low-income area of Rabat). He earned high marks in school, and was subsequently chosen to be homeschooled in the company of Mohammed VI's late cousin Naoufel Osman, the son of Ahmed Osman and Princess Lalla Nuzha (a sister of Hassan II). Mounir Majidi was a classmate of Mohammed VI's late cousin "Nawfal Osman", the son of Ahmed Osman and ''Princess Lalla Nuzha'' (a sister of Hassan II). He studied computer science in Strasbourg, France ...
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WAFA ASSURANCE
Wafa Assurance is the insurance brand of the Moroccan bank Attijariwafa Bank. It is part of Mohammed VI's holding company SNI SNI may refer to: Science and technology * Substitution nucleophilic internal, a chemistry reaction mechanism * Swedish Standard Industrial Classification, a Swedish economic classification system * Server Name Indication, an extension to the .... Key people *Ali Harraj, Chairman of the Board and Chief Executive Officer, Member of the Executive Committee *Slimane Echchihab, Member of the Executive Committee, Co-Chief Executive Officer of Individuals and Professionals Sales *Jean-Charles Freimuller, Member of the Executive Committee, Co-Chief Executive Officer *Abdelmajid Tamim, Member of the Executive Committee, Co-Chief Executive Officer of Enterprise Insurance *Taoufik Benjelloun, Deputy Chief Executive Officer Finance and Member of the Executive Committee *Safaa El Gharbi, Member of the Executive Committee, Deputy Chief Executive Officer of Informa ...
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MCMA
The Marine Corps Martial Arts Program (MCMAP, ) is a combat system developed by the United States Marine Corps to combine existing and new hand-to-hand and close quarters combat techniques with morale and team-building functions and instruction in the warrior ethos. The program, which began in 2001, trains Marines (and U.S. Navy personnel attached to Marine units) in unarmed combat, edged weapons, weapons of opportunity, and rifle and bayonet techniques. It also stresses mental and character development, including the responsible use of force, leadership, and teamwork. History The MCMAP was officially created by Marine Corps Order 1500.54, published in 2002, as a "revolutionary step in the development of martial arts skills for Marines and replaces all other close-combat related systems preceding its introduction." MCMAP comes from an evolution dating back to the creation of the Marine Corps, beginning with the martial abilities of Marine boarding parties, who often had to re ...
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1964 Establishments In Morocco
Events January * January 1 – The Federation of Rhodesia and Nyasaland is dissolved. * January 5 - In the first meeting between leaders of the Roman Catholic and Orthodox churches since the fifteenth century, Pope Paul VI and Patriarch Athenagoras I of Constantinople meet in Jerusalem. * January 6 – A British firm, the Leyland Motors, Leyland Motor Corp., announces the sale of 450 buses to the Cuban government, challenging the United States blockade of Cuba. * January 9 – ''Martyrs' Day (Panama), Martyrs' Day'': Armed clashes between United States troops and Panamanian civilians in the Panama Canal Zone precipitate a major international crisis, resulting in the deaths of 21 Panamanians and 4 U.S. soldiers. * January 11 – United States Surgeon General Luther Terry reports that smoking may be hazardous to one's health (the first such statement from the U.S. government). * January 12 ** Zanzibar Revolution: The predominantly Arab government of Zanzibar is overthrown b ...
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Financial Services Companies Established In 1964
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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