Despite this recent setback, Dalais remains one of the most affluent CEOs in Mauritius and East Africa.
Arnaud Dalais
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Dalais, the chairman of the Mauritius-based company, owns an eight-percent stake in CIEL.
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Mauritian businessman Arnaud Dalais loses $2.66 million in 34 days as CIEL Limited shares fall
CIEL is a Mauritian conglomerate with active operations and investments in over 10 emerging and developing economies.
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Mauritian tycoon Arnaud Dalais gains $3.86 million in 20 days as CIEL Limited share price rises
Investors have intensified their buying interest in CIEL shares after it posted a triple-digit growth in profit.
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CIEL is a Mauritian conglomerate operating in emerging markets across Africa and Asia.
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Mauritian tycoon and investor Arnaud Dalais earns $2.14 million in 14 days from his stake in CIEL Limited
The rise in the market value of his shares occurred on the back of sustained bullish sentiment in the company.
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The gains in his stake were triggered by a recent surge in the company’s shares.