Suciet Maroc Emirats Arabes Unis de Dveloppement (SOMED) is an economic development agency based in Casablanca, Morocco. Founded in 1982, SOMED is a private holding company Moroccan-Emirati capital, working for economic and social development of Morocco through making investments that creates jobs and adds value. SOMED, the group is organized into strategic business areas including accommodation, real estate, industry and trade, automotive, education, food and fishing. In addition, the group also manages financial holdings.