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Casablanca Technopark
Casablanca Technopark is an information technology business cluster complex located at Casablanca, Morocco. It was inaugurated in October 2001. Background It is Morocco's first industrial park. The building was designed by Mourad Ben Embarek. The project is under the supervision of Ministry of Commerce, Industry and ICT and had Omar Balafrej as its general manager. Its main specialties are software engineering and IT ventures. Activities The project has many main activities such as offering training e-learning as well as being a relay center between multinational companies specialized in Information Technology and their subsidiaries. The project is a joint venture between: * Moroccan Government - 35% of the capital * a consortium of Moroccan private banks (" La Caisse de Dépôt et de Gestion", "BMCE Bank", "La Banque Centrale Populaire", "Banque Commerciale du Maroc" and " AttijariWafa Bank") - 65% , CT is hosting 132 companies divided into 55 start-ups, 67 medium-sized compan ...
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Information Technology
Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a computer system — including all hardware, software, and peripheral equipment — operated by a limited group of IT users. Although humans have been storing, retrieving, manipulating, and communicating information since the earliest writing systems were developed, the term ''information technology'' in its modern sense first appeared in a 1958 article published in the '' Harvard Business Review''; authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)." Their definition consists of three categories: techniques ...
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Bank
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 ...
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USAID
The United States Agency for International Development (USAID) is an Independent agencies of the United States government, independent agency of the federal government of the United States, U.S. federal government that is primarily responsible for administering civilian United States foreign aid, foreign aid and development assistance. With a budget of over $27 billion, USAID is one of the List of development aid country donors, largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms. Congress passed the Foreign Assistance Act on September 4, 1961, which reorganized U.S. foreign assistance programs and mandated the creation of an agency to administer economic aid. USAID was subsequently established by the executive order of President John F. Kennedy, who sought to unite several existing foreign assistance organizations and programs under one agency. USAID became the first U.S. fo ...
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Maroc Telecom
Maroc Telecom (Acronym: IAM, ar, اتصالات المغرب) is the main telecommunications company in Morocco. Currently employing around 11,178 employees, it is the largest telecommunications network in the country with 8 regional delegations and 220 offices present across Morocco. The company is listed on both the Casablanca Stock Exchange and Euronext Paris. History The origin of a Moroccan telecommunications project dates back to 1891, when Sultan Hassan I created the first Moroccan postal service. In 1913, the Moroccan Postal Telephone and Telegraph was established before a Dahir (King's decree) related to the monopoly of the state of Telegraphy and Telephony was published. In 1967, Morocco placed the first underwater cable between Tetouan, Morocco, and Perpignan, France, through the Mediterranean. A few years later, in 1970, a transmission via INTELSAT was introduced. The Telex service was then automated in 1971 just before installing a digital center in Fes. D ...
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Groupe Bull
Bull SAS (also known as Groupe Bull, Bull Information Systems, or simply Bull) is a French computer company headquartered in Les Clayes-sous-Bois, in the western suburbs of Paris. The company has also been known at various times as Bull General Electric, Honeywell Bull, CII Honeywell Bull, and Bull HN. Bull was founded in 1931, as H.W. Egli - Bull, to capitalize on the punched card technology patents of Norwegian engineer Fredrik Rosing Bull (1882–1925). After a reorganization in 1933, with new owners coming in, the name was changed to Compagnie des Machines Bull (CMB). Bull has a worldwide presence in more than 100 countries and is particularly active in the defense, finance, health care, manufacturing, public, and telecommunication sectors. History Origins On 31 July 1919, a Norwegian engineer named Fredrik Rosing Bull filed a patent for a "combined sorter-recorder-tabulator of punch cards" machine that he had developed with financing from the Norwegian insuran ...
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Al Akhawayn University
Al Akhawayn University ( ar, جامعة الأخوين, Berber: ''Tasdawit En Wawmaten'') is an independent, public, not-for-profit, coeducational university located in Ifrane, Morocco, from the imperial city of Fes, Fez, in the Middle Atlas Mountains. The medium of instruction is the English language. History King Fahd of Saudi Arabia largely funded the creation of Al Akhawayn University from an endowment intended to cleanup an oil spill off the coast of Morocco. The cleanup was never realized as the wind blew the oil spill away and the endowment was used to create the university. Al Akhawayn University was founded by Royal Decree (''Moroccan Dahir, Dahir'') in 1993 and officially inaugurated by the former King Hassan II of Morocco on January 16, 1995. The Arabic name ''al-akhawayn'', literally the "two brothers," refers to the two respective kings. Academics With 2,173 full-time students living and studying together on a residential campus in the Middle Atlas town of Ifra ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by ...
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Banque Commerciale Du Maroc
Banque Commerciale du Maroc (BCM, ar, البنك التجاري المغربي, "Commercial Bank of Morocco") was a bank founded in 1911, shortly ahead of the establishment of the French protectorate in Morocco. The bank was initially controlled by France's Banque Transatlantique, then from 1941 by the Crédit Industriel et Commercial, and from 1988 by Morocco's ONA Group. In 2004, it merged with Wafa bank to form Attijariwafa Bank. History The BCM was created in 1911 by the Banque Transatlantique together with its Tunisian subsidiary, the Banque de Tunisie. Its registered office was in Paris, initially at 10, rue de Mogador (later absorbed by the Galeries Lafayette), and from 1925 relocated to the Banque Transatlantique's head office at 17, Boulevard Haussmann. Its main office in Morocco was in Casablanca. The BCM opened a branch in Tangier in 1913, and after World War I expanded to Rabat and Mazagan, then in the late 1920s in Marrakesh and Fez. In 1941, BCM was acquired t ...
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La Banque Centrale Populaire
Banque Centrale Populaire is a major bank in Morocco. The bank maintains overseas offices in Germany, England, Canada, Spain, France, Gibraltar, Netherlands and Belgium. The bank's name is abbreviated to BCP. As of 2012, the bank's market share of customer deposits in Morocco was 27.9 percent. This translates to customer deposits of 204.9 billion dirhams (1H2013). The number of employees in the bank at the end of 2012 was 11,878. Related organizations Subsidiaries - Morocco in Berrchid: *Chaabi Doc Net - online banking - **Chaabi Mobile - online banking using mobile phones and/or text messaging in Casablanca: *Al Istitmar Chaabi * Assalaf Chaabi *Chaabi Leasing *Chaabi LLD - auto finance * Essoukna *IFC Al Wassit *MAI Tourisme *Maroc Assistance Internationale * Média Finance * Moussahama in Tangier: * Chaabi International Bank Off Shore - including branches in Belgium and France. Subsidiaries - African * Banque Populaire Maroco Guinéenne - Guinea *Banque Populai ...
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BMCE Bank
Bank of Africa is a large commercial bank in Morocco, known until 2020 as Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Commerce"). According to the company's website, it operates over 697 branches in Morocco. It is part of the Casablanca-headquartered Bank of Africa Group. External links Banque Marocaine du Commerce Extérieur ExterieurCurrency Exchange Practices at Moroccan Banks Banks of Morocco Companies based in Casablanca Crédit Mutuel {{Morocco-stub ...
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