Government

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Al Ajial Holding

Al Ajial Holding is a Kuwaiti investment holding company established by the Kuwait Investment Authority. It was formed to replace the Moroccan-Kuwaiti...

Al Ajial Holding logo

Al Ajial Holding

Al Ajial Holding is a Kuwaiti investment holding company established by the Kuwait Investment Authority. It was formed to replace the Moroccan-Kuwaiti Development Group.

General information

Firm type

Government / Public Body

Year founded

2006

Location

Region

Africa

Country

Morocco

City

Casablanca

Corporate office

Casablanca, Morocco

Principals

Mona Al-Mousa

Chairperson

Sheikh Mohammed Salman Hamoud Al-Sabah

Vice Chairman of the Board of Directors

Sector focus

Real Estate

Frequently asked questions

Who runs investment decisions at Al Ajial Holding?

Mona Al-Mousa serves as chairperson and Sheikh Mohammed Salman Hamoud Al-Sabah serves as vice chairman of the board.

How is Al Ajial Holding related to Kuwait Investment Authority?

Kuwait Investment Authority is the sole shareholder and parent entity of Al Ajial Holding.

What asset classes does Al Ajial Holding target?

The firm focuses on direct ownership of hotels, resorts and mixed-use real estate developments in Morocco.

Does Al Ajial Holding participate in co-investments?

Yes. It has partnered with Al Mada on Inwi, with Akwa Group on Afriquia Gaz and with Attijariwafa Bank on Wafa Assurance.

Where does Al Ajial Holding maintain its portfolio?

All disclosed assets are located in Morocco, including properties in Casablanca, Marrakech, Rabat and Taghazout.

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