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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 ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ...
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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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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 ...
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Nador
Nador ( Riffian-Berber: ⵏⴰⴷⵓⵔ) is a coastal city and provincial capital in the northeastern Rif region of Morocco with a population of about 161,726 (2014 census). Nador city is separated from the Mediterranean Sea by a salt lagoon named ''Rbḥar Ameẓẓyan'' in Berber (''Mar Chica'' in Spanish) and is south of the Spanish city of Melilla. Nador was founded in the 19th century by local Berber tribes and was under Spanish occupation from 1912 until Morocco's independence in 1956. The Nador Province has over 600,000 inhabitants, predominantly of Rif- Berber ethnicity. Nador is considered the second largest city in the Oriental East after Wejda. Etymology The city name originated from the local Amazigh tribes of Has Nador, which was a small village near the Nador lagoon. Overview The economy of Nador and Nador province includes fishery, agriculture, some light and heavy industry. In the summer months of June to August thousands of people originating from ...
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Marrakesh
Marrakesh or Marrakech ( or ; ar, مراكش, murrākuš, ; ber, ⵎⵕⵕⴰⴽⵛ, translit=mṛṛakc}) is the fourth largest city in the Kingdom of Morocco. It is one of the four Imperial cities of Morocco and is the capital of the Marrakesh-Safi region. The city is situated west of the foothills of the Atlas Mountains. Marrakesh is southwest of Tangier, southwest of the Moroccan capital of Rabat, south of Casablanca, and northeast of Agadir. The region has been inhabited by Berber farmers since Neolithic times. The city was founded in 1070 by Emir Abu Bakr ibn Umar as the imperial capital of the Almoravid Empire. The Almoravids established the first major structures in the city and shaped its layout for centuries to come. The red walls of the city, built by Ali ibn Yusuf in 1122–1123, and various buildings constructed in red sandstone afterwards, have given the city the nickname of the "Red City" ( ''Almadinat alhamra) or "Ochre City" (). Marrakesh grew rapidly an ...
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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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Fnideq
Fnideq ( Berber: ⴼⵏⵉⴷⵇ, ar, الفنيدق) is a town in northern Morocco, on the Mediterranean coast of M'diq-Fnideq Prefecture, north of the city of Tétouan. The town is also known under the Spanish name Castillejos. It is the closest Moroccan city to the Spanish exclave of Ceuta. During the Hispano-Moroccan War of 1859, it was the location of the decisive Battle of Castillejos. Notable people *Hamza El Moussaoui, international footballer *Amin Erbati Elamine "Amin" Erbate, also known as Amin Erbati, (born 1 July 1981) is a Moroccan footballer. He played as a defender. He was part of the Moroccan 2004 Olympic football team, who exited in the first round, finishing third in group D, behind ..., former international footballer References Rif Populated places in M'diq-Fnideq Prefecture {{TangerTetouanAlHoceima-geo-stub ...
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Al Hoceima
Al Hoceima ( ber, translit=Lḥusima, label= Riffian-Berber, ⵍⵃⵓⵙⵉⵎⴰ; ar, الحسيمة; '' es, Alhucemas'') is a Riffian city in the north of Morocco, on the northern edge of the Rif Mountains and on the Mediterranean coast. It is the capital city of the Al Hoceïma Province. It is situated in the territory of the Ait Waryagher and Ibaqouyen tribes of the Rif region, who speak a Riffian variety of the Berber language locally called ''Tmaziɣt'' or ''Tarifit''. The city is a known tourist destination despite its small size. It has a population of about 56,716 according to the 2014 census. Al Hoceima is cited among the cleanest and safest Moroccan cities. It is characterised by its shining sandy beaches like Cala Iris, Bades, Torres, Quemado, and Tala Youssef, and its mountainous rocky areas. Parts of Al Hoceima are currently being integrated into the municipality through the construction of new roads to ease transportation. Name The name Al Hoceima is paradoxi ...
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Rabat
Rabat (, also , ; ar, الرِّبَاط, er-Ribât; ber, ⵕⵕⴱⴰⵟ, ṛṛbaṭ) is the capital city of Morocco and the country's seventh largest city with an urban population of approximately 580,000 (2014) and a metropolitan population of over 1.2 million. It is also the capital city of the Rabat-Salé-Kénitra administrative region. Rabat is located on the Atlantic Ocean at the mouth of the river Bou Regreg, opposite Salé, the city's main commuter town. Rabat was founded in the 12th century by Almohads. The city steadily grew but went into an extended period of decline following the collapse of the Almohads. In the 17th century Rabat became a haven for Barbary pirates. The French established a protectorate over Morocco in 1912 and made Rabat its administrative center. Morocco achieved independence in 1955 and Rabat became its capital. Rabat, Temara, and Salé form a conurbation of over 1.8 million people. Silt-related problems have diminished Rabat's role as a ...
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Mohammed VI Football Academy
The Mohammed VI Football Academy ( ar, أكاديمية محمد السادس لكرة القدم, ʽakādīmiyya Muḥammad as-sādis l-kurat al-qadam, french: Académie Mohammed VI de football) is a football academy located in Salé, Morocco. It was inaugurated by the king Mohammed VI in 2009 to reshape the national sport in Morocco. The purpose of the academy is to help evolve football in Morocco and help football players toward reaching their goal, playing in a professional league. Foundation and development Background The project follows a series of programmes established by Mohammed VI and his advisors to ensure the development of Morocco. This project was inspired by the lack of sports facilities and shortage of talented footballers in the country. In this case, the construction of a football academy was planned to promote sports in Morocco and produce the next generation of footballers. Objectives This project was conceived to attain certain objectives including: ...
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