Lazraq, one of Morocco’s wealthiest individuals and a prominent investor on the Casablanca bourse, holds a significant 51.7 percent stake in ADI
Moroccan billionaire
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This recent setback adds to Anas Sefrioui’s previous losses, with his stake in ADH declining by $30 million between May 21 and …
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This gain follows a period of decline, with Alami Lazraq’s shares in ADI dropping by $17.39 million between May 15 and 23
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While Sefrioui’s fortune has dipped by over $30 million in recent weeks, it’s important to note that ADH remains a strong performer …
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Despite the recent decline, Akhannouch remains a prominent investor on the Casablanca bourse and one of the nation’s wealthiest business figures.
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Key Points: Moroccan businessman Anas Sefrioui, the majority shareholder of prominent Casablanca-based property developer Douja Promotion Groupe Addoha (ADH), has seen his …
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Moroccan billionaire Othman Benjelloun’s bank partners with Bank of Palestine for regional expansion
The partnership extends beyond financial cooperation. It also aims to promote trade and investment flows between Morocco and Palestine.
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According to data tracked by Billionaires.Africa, Sefrioui’s stake in ADH has declined by MAD900.65 million ($89.8 million) over the past nine days.
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The purchase of the two-story mansion at 394 S. Hibiscus Drive, exemplifies the family’s penchant for exclusivity and grandeur.
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Benjelloun remains not only Morocco’s second-wealthiest individual after Prime Minister Aziz Akhannouch but also one of the most prosperous investors on the …