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Société Nationale d'Investissement (SNI) (National Investment Company) or Al Mada, is a large private Moroccan holding company mainly owned by the Moroccan royal family. The conglomerate also holds stakes in the country's largest private companies: AttijariWafa (Banking), Managem (mining), Nareva (energy firm), Lafarge Ciments, and Marjane (supermarket chain). SNI is investing in other African countries (Cameroon, Ivory Coast, Rwanda, Gabon, etc.). The holding company used to be the majority shareholder of the now defunct ONA Group, until the activities of the latter were absorbed into the SNI and subsequently disposed of. In 2012, the company's consolidated turnover was MAD53 billion (US$5.3 billion) and its net income was MAD5 billion (US$500 million).

Al Mada Questions

The Al Mada annual revenue was $4 million in 2026.

Al Mada is based in Casablanca, Grand Casablanca.

The NAICS codes for Al Mada are [551, 55].

The SIC codes for Al Mada are [671, 67].

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