A responsible investor in constant motion

A responsible investor in constant motion

Founded in 1995 by Moulay Hafid Elalamy, Saham is a private investment company with a presence in Casablanca, Dubai, and Luxembourg owned by the Elalamy family. Marked by a strong entrepreneurial spirit, Saham initially developed in the insurance sector to become a leader on the African continent. After divesting the Insurance division in 2018, Saham evolved into an international player with multi-sector expertise, capitalizing on targeted strategic partnerships.

Today, Saham owns a portfolio of four companies. Saham has embraced a strong and visionary entrepreneurial approach, enabling diversification into high-potential sectors such as customer experience, real estate, education, agriculture, pharmaceuticals, healthcare, and media.


IPO of CNIA SAADA for approximately 400 million euros


Sale of Saham Finances to Sanlam for 2 billion dollars


IPO of Majorel for 3.3 billion euros


Partnership between IEG and Globeducate


Sale of Majorel to Teleperformance for 3 billion euros

Our portfolio

Our portfolio reflects diversity in sectors focused on human and business services. Since 2018, Saham has actively shifted towards outsourced services, real estate, education, and agriculture, withdrawing from previous sectors such as insurance, healthcare, and pharmaceuticals.

Customer experience & BPO

For more than 40 years, Teleperformance, the global leader in customer experience management, has been bridging the gap between the world's largest companies and their customers.



Saham Immobilier is the subsidiary of the group dedicated to the development of innovative real estate projects in Morocco.



IEG is an international network of excellent educational institutions, ranging from kindergarten to high school.



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


Acting for equal opportunities through two major pillars:

Act for health in Africa

~100 000

direct beneficiaries to date

Act for school children's health

1 000 000

Young pupils targeted per year