Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of ADI.
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"Alami Lazraq"
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Moroccan real estate billionaire Alami Lazraq loses $8.3 million in 16 days from stake in ADI
ADI is an active member of the Alliances Group.
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Moroccan tycoon Alami Lazraq gains $15 million from stake in Casablanca-based property developer
The news solidifies his position as one of the richest investors on the Casablanca bourse.
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Lazraq owns 51.7 percent of Casablanca-based property developer Alliances Developpement Immobilier SA.
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Moroccan billionaire Alami Lazraq gains $42.2 million from stake in Casablanca-based home builder
Lazraq is one of Morocco’s wealthiest businesspeople.
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Lazraq is one of the wealthiest investors on the Casablanca bourse.
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Moroccan real estate tycoon Alami Lazraq’s Alliances Group posts $147.8 million in revenue in 2021
Lazraq said the group met its goals for 2021 despite the pandemic.
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Lazraq owns 51.7 percent of the Moroccan home builder, Alliances Developpement Immobiliere.
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ADI is a subsidiary of Alliances Group, a Morocco-based holding with a broad array of real estate investments.
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Moroccan real estate tycoon Alami Lazraq’s Alliances Group posts $37.2 million in revenue in Q3 2021
Alliances Group is Morocco’s largest home and hotel builder.