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 (; , ) is the fourth-largest city in Morocco. It is one of the four imperial cities of Morocco and is the capital of the Marrakesh–Safi Regions of Morocco, region. The city lies west of the foothills of the Atlas Mounta ...

, Morocco. He graduated from the

Université de Sherbrooke The Université de Sherbrooke (UdeS; Quebec English, English: ''University of Sherbrooke'') is a French-language Public university, public research university in Sherbrooke, Quebec, Canada, with a second campus in Longueuil, a suburb on the Mont ...

Sherbrooke Sherbrooke ( , ) is a city in southern Quebec, Canada. It is at the confluence of the Saint-François River, Saint-François and Magog River, Magog rivers in the heart of the Estrie administrative region. Sherbrooke is also the name of a territ ...

, 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 center A call centre (English in the Commonwealth of Nations, Commonwealth spelling) or call center (American English, American spelling; American and British English spelling differences#-re, -er, see spelling differences) is a managed capability th ...

s, 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 founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

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

2026 FIFA World Cup The 2026 FIFA World Cup, marketed as FIFA World Cup 26, will be the 23rd FIFA World Cup, the Anniversary#Latin-derived numerical names, quadrennial international men's Association football, soccer championship contested by the List of men's n ...

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 Casablanca (, ) is the largest city in Morocco and the country's economic and business centre. Located on the Atlantic Ocean, Atlantic coast of the Chaouia (Morocco), Chaouia plain in the central-western part of Morocco, the city has a populatio ...

, Morocco. On 15 September 2023, Elalamy donated $1.9 Million to Earthquake Fund after an earthquake with a magnitude of 6.8 M_w hit

Marrakesh-Safi Marrakesh-Safi () is one of the twelve regions of Morocco.Jounaux.ma
Its popul ...

region of Morocco.

References

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