The news comes despite a slump in fortified sugar sales and a single-digit increase in its direct production costs.
The company is one of France’s top-5 customer service outsourcers.
Fokam received the Commander of the National Order of Merit award from Guinean President Alpha Conde.
The family is known for its role in modernizing industry and commerce in Mauritius.
An uptick in the bank's share price steered the increase in his stake’s market value.
Earlier, Karoui launched a hunger strike to protest his detention.
The gains in his stake were triggered by a recent surge in the company's shares.
His family announced that he passed away early morning, June 12.
Al Duaij is the CEO of Alea Global Group.
The company is on the hunt for new acquisitions in a bid to build out its employee benefits offering.
Endeavour Mining is West Africa's largest gold producer.