Lazraq’s stake in ADI has experienced a substantial increase of MAD229.92 million ($22.87 million) in the last 25 days, attributed to the …
Alliances Group
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This surge not only solidifies his position among the leading investors on the Casablanca bourse but also reaffirms his standing as one …
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This surge strengthens Alami Lazraq’s standing among the top investors on the Casablanca stock exchange
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Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
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Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
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Lazraq, who controls 51.7 percent of ADI, owns 11,410,669 ordinary shares of the company valued at more than $100 million.
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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.