A responsible investor in constant motion

A responsible investor in constant motion

Established in 1995 by Moulay Hafid Elalamy, Saham is a privately held investment company owned by the Elalamy family. With offices in Casablanca, Dubai, and Luxembourg, Saham operates as a long-term strategic investor. Currently, Saham manages a diverse portfolio of several companies while also engaging in Family Office activities.

Driven by a robust entrepreneurial spirit, Saham initially emerged in the insurance sector, ultimately attaining a leadership position across the African continent. Following the sale of its insurance division in 2018, Saham expanded its operations globally, leveraging its expertise across multiple sectors. Through targeted strategic partnerships, Saham has diversified its portfolio to encompass customer experience (CX), real estate, education, agriculture, pharmaceuticals, healthcare, and media sectors.


IPO of CNIA SAADA for ~€400m


Sale of Saham Finances to Sanlam for $2b


IPO of Majorel for €3.3b


Partnership between IEG and Globeducate


Sale of Majorel to Teleperformance for €3b

Our portfolio

Our portfolio encompasses a range of human-centric and business services industries. Since 2018, we have strategically shifted our focus towards customer experience & BPO, real estate, education, and agriculture, effectively withdrawing from sectors such as insurance, healthcare, and pharmaceuticals.

Customer experience & BPO

For over 40 years, Teleperformance, the global leader in CX, has facilitated the connection between the world's largest companies and their customers.



SAHAM Immobilier is a subsidiary solely focused on developing innovative real easte projects in Morocco.



International Education Group (IEG) is an international network of schools of excellence ranging from kindergarten to high school.



Medjool Star is the Group's agricultural subsidiary, dedicated to operating the largest date palm farm in the world, as well as managing the packaging and marketing of Mejhoul dates.


Our Family Office

We think long-term, prioritize sustainability, and execute our investment decisions within a robust risk assessment framework. Our approach is distinguished by its high degree of rigor and transparency. We believe that providing comprehensive, clear, and consistent information promotes more informed choices in both business and investment matters.


We actively strive for equal opportunities within society through:

Act for healthcare in Africa

~100 000

direct beneficiaries to date

Act for school children's healthcare

1 000 000

School children targeted per year