SOMED

SOMED () is a conglomerate company based in Morocco. Its active in a range of sectors such as mining, construction material dealership, tourism, real estate development, food processing and Car dealership. Its capital is composed of Mohammed VI's holding company SNI, Emirati private funds and the Moroccan state.
Ownership.
In February 2008, the SNI entered in the capital of the company, buying an equivalent of 1.24 billion Dirhams of shares. The partition then became: 
Former Morocco's Minister of the Interior, Mostapha Sahel was the CEO of the firm.
Activities.
The SOMED developed the "Mazagan Beach Resort, Casino, Golf and Spa" which it sold to the state-owned institution CDG in 2010 for an undisclosed amount.
Subsidiaries.
The companies official websites mentions the following subsidiaries: