Saham Group
Overview
Saham Group is a diversified conglomerate headquartered in Casablanca, Morocco, with a significant presence in the Middle East and North Africa (MENA) region. The company operates across multiple sectors, including financial services, real estate, education, and agriculture, reflecting its broad investment portfolio. Saham Group has established a strong foothold in the MENA region, with operations spanning countries such as Morocco, Algeria, Tunisia, Egypt, and several Gulf Cooperation Council (GCC) nations. This extensive geographical reach underscores the company's commitment to regional growth and development. In recent years, Saham Group has strategically reoriented its focus towards high-potential sectors, notably banking and financial services. In December 2024, the company completed a significant acquisition by purchasing a 57.67% stake in Société Générale Marocaine de Banques (SGMB) and fully acquiring its insurance subsidiary, La Marocaine Vie, for €745 million. This acquisition marked Saham Group's re-entry into the financial sector and was followed by the rebranding of SGMB to Saham Bank in June 2025. The group's strategic shift also involved the closure of its European operations, including the dissolution of Saham Group Europe SAS in Paris, indicating a consolidation of efforts within the MENA region. Saham Group's investment philosophy emphasizes long-term value creation and prudent risk management. The company actively seeks strategic partnerships and investments that align with its vision for sustainable growth and regional development. By focusing on sectors with significant growth potential and maintaining a selective investment approach, Saham Group aims to contribute positively to the economies and communities within its operational regions. This strategic direction reflects the company's commitment to fostering economic development and creating value for its stakeholders across the MENA region.
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Saham Group
What sectors does Saham Group invest in?
Saham Group invests in Financial Services, Technology, Healthcare, Real Estate, Telecommunications and Media, and is based in Morocco. Saham Group is listed as a corporate vc in the ConnectSafely investor database.
What stage does Saham Group invest at?
Saham Group backs companies at Growth, Late Stage and Buyout.
Which regions does Saham Group invest in?
Saham Group invests across United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Egypt.
What companies has Saham Group invested in?
Saham Group's portfolio includes Saham Bank, La Marocaine Vie, Majorel, Saham Immobilier, Medjool Star and International Education Group.
How do I contact Saham Group?
Saham Group's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
