Tunisian tycoon Moncef Mzabi gains $3 million from ARTES stake
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
Mzabi owns 24.8 percent of the company, which translates into 9,370,387 ordinary shares.
Mzabi owns a 24.8-percent stake in ARTES, translating into 9,370,387 ordinary shares.
Mzabi, now the chairman of the Tunisian automobile retailer, owns 24.5 percent of the company, or 9,370,387 ordinary shares.
Mzabi owns 24.5 percent of Artes.
Mzabi continues to maintain his position as one of the wealthiest investors on the Tunis Stock Exchange.
His company ARTES is a leading player in the automotive industry in Tunisia and North Africa.
Mzabi, who started ARTES with his brothers Mzoughi and Sadok, holds a substantial 24.8-percent stake in the company.
ARTES is a Tunisia-based automobile retailer established after the acquisition of Renault Tunisie in 1997.
An automobile industry leader, ARTES is the official dealer of the Renault and Nissan brands in Tunisia.
ARTES is a Tunisia-based automobile retailer established after Mzabi and his brothers acquired Renault Tunisie in 1997.