Al Mada (holding company)
| Industry | Conglomerate |
|---|---|
| Founded | December 31, 1966 |
| Founder | Moroccan state and royal family |
| Headquarters | , Morocco |
Key people | Noufissa Kessar (director) Mounir Majidi (director of SIGER) |
| Revenue | US$ 3.7 billion (2017) |
| US$ 508 million (2017) | |
| Total assets | US$12.2 billion (2017) |
| Total equity | MAD 42.528 billion (2012) |
| Owner | Mohammed VI Members of the Alaouite royal family |
| Website | almada.ma |
Al Mada, formerly the Société Nationale d'Investissement (SNI; lit. 'National Investment Company'), is a private Moroccan holding company. Headquartered in Casablanca, it was established in 1966. The company is mainly owned by the Moroccan royal family.
Al Mada operates across a range of sectors, including banking, telecommunications, renewable energy, mining, and the food industry. The conglomerate holds stakes in several of Morocco’s largest private companies, including Attijariwafa Bank, Inwi, Managem, Nareva, Lafarge Ciments, and Marjane.
In addition to its domestic activities, Al Mada has expanded its investments across several African countries, including Cameroon, Ivory Coast, Rwanda, and Gabon.
Historically, the company was the majority shareholder of the now-defunct ONA Group. Following a restructuring process, the activities of ONA were absorbed into SNI, which was later rebranded as Al Mada.