Moulay Hafid Elalamy (born January 13, 1960) is a Moroccan businessman and politician. He is the founder and owner of the Saham Group. He served as the Minister of Industry, Trade, & New Technologies until 2021.

Early life

Moulay Hafid Elalamy was born on January 13, 1960, in

Marrakesh Marrakesh or Marrakech ( or ; ar, مراكش, murrākuš, ; ber, ⵎⵕⵕⴰⴽⵛ, translit=mṛṛakc}) is the fourth largest city in the Kingdom of Morocco. It is one of the four Imperial cities of Morocco and is the capital of the Marrakes ...

, Morocco. He graduated from the Université de Sherbrooke in

Sherbrooke Sherbrooke ( ; ) is a city in southern Quebec, Canada. It is at the confluence of the Saint-François and Magog rivers in the heart of the Estrie administrative region. Sherbrooke is also the name of a territory equivalent to a regional cou ...

, Quebec.

Career

Elalamy is the founder and owner of the Saham Group. Its subsidiary, CNIA Saada, is the largest insurance company in Morocco. Other subsidiaries include call centers, and clinics. He served as the Minister of Industry, Trade, & New Technologies until 2021. As of 2014, he was worth an estimated US$620 million according to ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

''. Elalamy was the chairman of Morocco's bid for the

2026 FIFA World Cup The 2026 FIFA World Cup will be the 23rd FIFA World Cup, the quadrennial international men's soccer championship contested by the national teams of the member associations of FIFA. The tournament will be jointly hosted by 16 cities in three ...

but lost out to Canada/Mexico/United States on June 13, 2018, in Moscow by 69 votes with 134-65.

Personal life

He is married. He resides in Casablanca, Morocco.

References

Living people 1960 births People from Marrakesh People from Casablanca Université de Sherbrooke alumni Moroccan businesspeople Businesspeople in insurance Government ministers of Morocco {{Morocco-bio-stub