How Moroccan billionaire Moulay Elalamy took 92.3% control of Sweden's Arktika bank
Le Desk revealed that Moulay Hafid Elalamy structured 92.3% control of Sweden's Arktika Capital AB through a chain of Saham vehicles, with his son installed as CEO.
Moulay Hafid Elalamy
Moroccan billionaire Moulay Hafid Elalamy acquires majority stake in Sweden's Arktika Capital, a debt portfolio specialist
Moroccan billionaire Moulay Hafid Elalamy has acquired a majority stake in Arktika Capital AB, a Swedish licensed credit institution that buys and manages non-performing loan portfolios across Europe.
Fitch affirms Eqdom rating as Elalamy family’s Saham tightens control of Morocco’s consumer lender
Fitch affirmed Morocco’s Eqdom at AA-(mar) with a stable outlook, citing expected support from Saham Bank and improving loan recoveries.
Moulay Hafid Elalamy shifts focus to banking expansion, exits Paris real estate
Moulay Hafid Elalamy is exiting Paris real estate to focus on Saham Group’s banking expansion, including acquiring Société Générale’s Moroccan operations.
Moulay Hafid Elalamy: Visionary businessman behind Morocco’s largest insurer
His vision has transformed Morocco’s insurance sector and shaped Africa’s financial and industrial landscape.
Moroccan billionaire Moulay Hafid Elalamy’s Saham acquires Societe Generale Maroc for $793 million
The acquisition marks a strategic shift for Saham Group as it absorbs all activities, client portfolios, and employees of the acquired entities.
Moroccan billionaire Moulay Hafid Elalamy donates $1.9 million to earthquake relief
Elalamy made the donation through his Saham Foundation amid growing contributions from various private and public entities toward earthquake relief in Morocco.
Politician Moulay Hafid Elalamy signs amended deal with Stellantis Group on Morocco’s behalf
The newly amended agreement was signed on Sept. 3 in Casablanca, Morocco’s capital.