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Caisse De Dépôt Et De Gestion
The Caisse de dépot et de gestion (French for Deposit and Management Fund, shortened as CDG) is a state-owned financial institution which manages long-term savings in Morocco. Given its substantial assets it also acts as a large investor in the country, especially in the tourism sector. It possesses many subsidiaries operating in various sectors of the Economy. The CDG handles in particular the savings of the ''RCAR'' (''Régime Collectif d'Allocations de Retraite'') and the ''CNRA'' (Caisse Nationale de Retraites et d'Assurances) pension funds which groups the retirement contributions of the employees of state-owned companies and agencies. Between 2005 and 2008, CDG gained substantial funding when it acquired the management of the retirement savings of the Office Chérifien des Phosphates, OCP, the world's leading phosphate producer and exporter. CDG is modeled after the French fund Caisse des dépôts et consignations. History The fund was created in 1959 by Mamoun Tahiri, it h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to: * hire professional investment managers, who may offer better returns and more adequate risk management; * benefit from economies of scale, i.e., lower transaction costs; * increase the asset diversification to reduce some unsystematic risk. It remains unclear whether professional active investment managers can reliably enhance risk adjusted returns by an amount that exceeds fees and expenses of investment management. Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. The regulatory term is undertaking for collective investment in transferable securities, or short collective invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TUI Travel
Tui or TUI may refer to: Places * Tui, Pontevedra, Spain * Tui, Iran, West Azerbaijan Province, Iran * Tui, North Khorasan, North Khorasan Province, Iran * Tui Province, Burkina Faso * Tuis District, Costa Rica * Tui railway station, New Zealand Computing * Tangible user interface, in which people interact with digital information through the physical environment * Text-based user interface, as distinct from a graphical user interface * Touch user interface, a computer-pointing technology Organisations * TUI Group, a tour operator ** TUIfly, several airlines owned by TUI Group ** TUI Travel, a British leisure travel group that merged with TUI Group * North Tui Sports, a 1930s New Zealand aircraft * Teachers' Union of Ireland, a trade union * Trident University International, an online university in the United States Other uses * Tūī, a New Zealand native bird * Tui (name), a Polynesian given name and surname * Tui (beer), a brand of beer, named after the bird * Tui ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of Morocco
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 assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retirement In Morocco
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job due to health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Pension Funds In Morocco
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin '' publicus'' (also '' poplicus''), from ''populus'', to the English word 'populace', and in general denotes some mass population ("the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Morocco
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1959 Establishments In Morocco
Events January * January 1 - Cuba: Fulgencio Batista flees Havana when the forces of Fidel Castro advance. * January 2 - Lunar probe Luna 1 was the first man-made object to attain escape velocity from Earth. It reached the vicinity of Earth's Moon, and was also the first spacecraft to be placed in heliocentric orbit. * January 3 ** The three southernmost atolls of the Maldive archipelago ( Addu Atoll, Huvadhu Atoll and Fuvahmulah island) declare independence. ** Alaska is admitted as the 49th U.S. state. * January 4 ** In Cuba, rebel troops led by Che Guevara and Camilo Cienfuegos enter the city of Havana. ** Léopoldville riots: At least 49 people are killed during clashes between the police and participants of a meeting of the ABAKO Party in Léopoldville in the Belgian Congo. * January 6 ** Fidel Castro arrives in Havana. ** The International Maritime Organization is inaugurated. * January 7 – The United States recognizes the new Cuban government of F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caisse De Dépôt Et De Gestion
The Caisse de dépot et de gestion (French for Deposit and Management Fund, shortened as CDG) is a state-owned financial institution which manages long-term savings in Morocco. Given its substantial assets it also acts as a large investor in the country, especially in the tourism sector. It possesses many subsidiaries operating in various sectors of the Economy. The CDG handles in particular the savings of the ''RCAR'' (''Régime Collectif d'Allocations de Retraite'') and the ''CNRA'' (Caisse Nationale de Retraites et d'Assurances) pension funds which groups the retirement contributions of the employees of state-owned companies and agencies. Between 2005 and 2008, CDG gained substantial funding when it acquired the management of the retirement savings of the Office Chérifien des Phosphates, OCP, the world's leading phosphate producer and exporter. CDG is modeled after the French fund Caisse des dépôts et consignations. History The fund was created in 1959 by Mamoun Tahiri, it h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compagnie Générale Immobiliere
Compagnie Générale Immobiliere, or CGI is a Moroccan real-estate development compagnie which is listed on the Casablanca Stock Exchange since 2007 CGI was originally set up as part of CDG Development - which in itself is part of the CDG: Caisse de dépôt et de gestion. CGI is active in several important real-estate sectors in the country: housing, tourism, business and shopping-centers and (semi) public projects such as universities.Website CGI with message from thDirector General of CGI, visited 7 September 2012 Some main projects Some of the recent, high-profile, developments of CGI include: Tourism In the tourist sector the groupe is involved in the following projects * Nador: Rif Hotel and the Abdouna Trifa resort * Marrakesh - resort * Casablanca - 2 marina hotels and the development of the Casablanca Marina * Fnideq - Karabo hotel * Al Hoceima - Hôtel Mohamed V - QUEMADO RESORT Commercial * Rabat - multifunctional development l'Agdal and Ryad Center * Casablanca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIH Bank
CIH Bank S.A. () is a Moroccan bank. It is part of the Caisse de dépôt et de gestion (CDG) group, concentrating especially in the real estate and tourism Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism mor ... sectors. It also provides retail banking services. History CIH Bank was created in 1920 as (CPIM). After branching into the tourism sector in 1967, it changed its name to . As of 2014, CIH Bank offers a broader service across all sectors of the banking market. Services in 2022, CIH and MasterCard launched a joint digital payment service "CIH PAY", that allows customers to use their phones for payments and transactions Previous presidents * Ayoub Boubalgha (2001) * Akram El Masfioui (2002) * Abdelouahed Souhail (1998 – 2001) * Mohamed El Alej * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CDG Capital
CDG Capital S.A. is a Moroccan investment bank founded in 2006. It is a wholly owned subsidiary of the Moroccan Caisse de dépôt et de gestion (CDG). History CDG Capital is a wholly owned subsidiary of Caisse de dépôt et de gestion (CDG), created in February 2006 as part of CDG's strategy of decentralising business units, with the aim of providing a sounder legal and statutory operating framework for the group of companies. In 2014, Fitch Ratings gave the company a "highest standards" Asset Manager rating. Assets ''Figures for 2010'' By asset type: * MAD 149 billion (bonds and shares) * MAD 318 billion (deposits) * MAD 3 billion (venture capital) By market segment: * Primary markets: 24% * Secondary markets: 23% See also * Caisse de dépôt et de gestion * CDG Développement CDG may refer to: Transport * Charles de Gaulle Airport (IATA code), Paris, France * Chandigarh railway station * ComfortDelGro, a Singaporean multinational land transport company * Shandon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Club Med
Club Med SAS, commonly known as Club Med and previously known as Club Méditerranée SA, is a French travel and tourism operator headquartered in Paris, specializing in all-inclusive holidays. Founded in 1950, the company has been primarily owned by the Chinese conglomerate Fosun Group since 2013. Club Med either wholly owns or operates nearly eighty all-inclusive resort villages in holiday locations around the world. History Foundation The Club was started in 1950 by Belgian entrepreneur Gérard Blitz. Blitz had opened a low-priced summer colony of tents on the Spanish island of Majorca, then another one in the island of Djerba (Tunisia). Great entertainer, Blitz was however no businessman and he went bankrupt in 1953. The main creditor as the tents supplier, Gilbert Trigano, the French "King of Camping"; Trigano took control of the Club and slowly pushed Blitz aside. The first official Club Med was built the next year in Palinuro, Salerno, Italy. The original villa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
