Atlas Hospitality
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Atlas Hospitality
Atlas Hospitality is a private corporate group that owns and manages hotels in Morocco. Headquartered in Casablanca the company focuses on two main sectors leisure and tourism. History The company was founded in 1996 and supervised by Mohamed Berrada who was then the President and general director of Royal Air Maroc (RAM). In 2005, Kamal Bensouda was named general director of Atlas hospitality group. In 2010, RAM ceased its participation in Atlas hospitality as a part of re-centring their priorities. RAM yielded its 66% stake to H-Partners fund which is a private investment fund that specialises in tourism. The other 34% stake of Atlas hospitality are owned by SNI (Al Mada) which is a Moroccan conglomerate presided by Mounir Majidi. Expansion The group expanded its ownership of hotels from two units to 19 and became the second largest hotel operator in Morocco. In 2005, Atlas hospitality was made up of eight units. Between 2006-2007, it moved to owning 12 units, this ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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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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Leisure
Leisure has often been defined as a quality of experience or as free time. Free time is time spent away from business, work, job hunting, domestic chores, and education, as well as necessary activities such as eating and sleeping. Leisure as an experience usually emphasizes dimensions of perceived freedom and choice. It is done for "its own sake", for the quality of experience and involvement. Other classic definitions include Thorsten Veblen's (1899) of "nonproductive consumption of time." Free time is not easy to define due to the multiplicity of approaches used to determine its essence. Different disciplines have definitions reflecting their common issues: for example, sociology on social forces and contexts and psychology as mental and emotional states and conditions. From a research perspective, these approaches have an advantage of being quantifiable and comparable over time and place. Leisure studies and sociology of leisure are the academic disciplines concerned w ...
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Tourism
Tourism is travel for pleasure or business; also the theory and practice of touring (other), touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tour (other), tours. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international, and international tourism has both incoming and outgoing implications on a country's balance of payments. Tourism numbers declined as a result of a strong economic slowdown (the late-2000s recession) between the second half of 2008 and the end of 2009, and in consequence of t ...
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Royal Air Maroc
Royal Air Maroc (; ar, الخطوط الملكية المغربية, , literally ''Royal Moroccan Lines'' or ''Royal Moroccan Airlines''; ber, ⴰⵎⵓⵏⵉ ⴰⵢⵍⴰⵍ ⴰⴳⵍⴷⴰⵏ ⵏ ⴰⵎⵓⵔⴰⴽⵓⵛ, ''Amuni Aylal Ageldan n Amurakuc''), more commonly known as ''RAM'', is the Moroccan national carrier, as well as the country largest airline. RAM is wholly owned by the Moroccan Government, and has its headquarters on the grounds of Casablanca-Anfa Airport. It joined the Oneworld alliance in 2020. From its base at Mohammed V International Airport, the carrier operates a domestic network in Morocco, scheduled international flights to Africa, Asia, Europe, and North and South America, and occasional charter flights that include Hajj services. History Formation ''Royal Air MarocCompagnie Nationale de Transports Aériens'' was formed in as a result of the merger of ''Compagnie Chérifienne de'l Air ( Air Atlas)'' — set up in 1946 with Junkers J ...
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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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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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Agadir
Agadir ( ar, أݣادير, ʾagādīr; shi, ⴰⴳⴰⴷⵉⵔ) is a major city in Morocco, on the shore of the Atlantic Ocean near the foot of the Atlas Mountains, just north of the point where the Souss River flows into the ocean, and south of Casablanca. Agadir is the capital of the Agadir Ida-U-Tanan Prefecture and of the Souss-Massa economic region. The majority of its inhabitants speak Berber, one of Morocco's two official languages. Agadir is one of the major urban centres of Morocco. The municipality of Agadir recorded a population of 924,000 in the 2014 Moroccan census. According to the 2004 census, there were 346,106 inhabitants in that yearGeneral Census of the population and habitat 200 ...
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Essaouira
Essaouira ( ; ar, الصويرة, aṣ-Ṣawīra; shi, ⵜⴰⵚⵚⵓⵔⵜ, Taṣṣort, formerly ''Amegdul''), known until the 1960s as Mogador, is a port city in the western Moroccan region of Marakesh-Safi, on the Atlantic coast. It has 77,966 inhabitants as of 2014. The foundation of the city of Essaouira was the work of the Moroccan 'Alawid sultan Mohammed bin Abdallah, who made an original experiment by entrusting it to several renowned architects in 1760, in particular Théodore Cornut and Ahmed al-Inglizi, who designed the city using French captives from the failed French expedition to Larache in 1765, and with the mission of building a city adapted to the needs of foreign merchants. Once built, it continued to grow and experienced a golden age and exceptional development, becoming the country's most important commercial port but also its diplomatic capital between the end of the 18th century and the first half of the 19th century. Name and etymology The nam ...
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Tangier
Tangier ( ; ; ar, طنجة, Ṭanja) is a city in northwestern Morocco. It is on the Moroccan coast at the western entrance to the Strait of Gibraltar, where the Mediterranean Sea meets the Atlantic Ocean off Cape Spartel. The town is the capital of the Tanger-Tetouan-Al Hoceima region, as well as the Ṭanja-Aẓila Prefecture of Morocco. Many civilisations and cultures have influenced the history of Tangier, starting from before the 10th centuryBCE. Between the period of being a strategic Berber town and then a Phoenician trading centre to Morocco's independence era around the 1950s, Tangier was a nexus for many cultures. In 1923, it was considered as having international status by foreign colonial powers and became a destination for many European and American diplomats, spies, bohemians, writers and businessmen. The city is undergoing rapid development and modernisation. Projects include tourism projects along the bay, a modern business district called Tangier City Cent ...
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Taliouine
, ar, تاليوين , nickname = , settlement_type =Town , motto = , image_skyline = Taliouine Kasbah.jpg , imagesize = , image_caption = View of the kasbah of Taliouine , image_flag = , flag_size = , image_seal = , seal_size = , image_map = , mapsize = , map_caption = , pushpin_map = Morocco , pushpin_label_position = bottom , pushpin_mapsize = 300 , pushpin_map_caption = Location in Morocco , subdivision_type = Country , subdivision_name = , subdivision_type1 = Region , subdivision_name1 =Souss-Massa , subdivision_type2 = Province , subdivision_name2 =Taroudant , subdivision_type3 = languages , subdivision_name3 = (Berber) , government_footnotes = , government_type = , leader_title = , leader_name = , established_title ...
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Akwa Group
Akwa Group S.A. (former name: ''Groupe Afriquia'') is a conglomerate company headquartered in Casablanca. The company is primarily engaged in the oil and gas industry The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest ..., but operates also in the telecommunication, tourism, hotels and real estate sectors. Its service stations operate under the Afriquia brand. History The company was established in 1959 as Afriquia SMDC (''Société Marocaine de Distribution de Carburants'') which is now a subsidiary of Akwa Group S.A. The other major subsidiary, Maghreb Oxygène, was established in 1974. The corporate structure was reorganized in 1990s by creation of the holding company ''Groupe Afriquia''. Its subsidiaries ''Afriquia Gaz'' and ''Maghreb Oxygène'' were publicly listed in 1999. ''Gr ...
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