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.
Morocco
Moroccan billionaire Anas Sefrioui sees nearly $90-million loss in ADH stake
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.
Moroccan billionaire’s son acquires $15.4-million Miami Beach waterfront home
The purchase of the two-story mansion at 394 S. Hibiscus Drive, exemplifies the family’s penchant for exclusivity and grandeur.
Moroccan real estate tycoon Alami Lazraq loses $57.4 million from ADI stake
Despite this setback, Lazraq remains one of the wealthiest investors on the Casablanca bourse and continues to be recognized as a prominent Moroccan businessman.
Moroccan pharma tycoon Lamia Tazi suffers $2-million loss from Sothema stake
The recent financial setback experienced by Tazi underscores the broader challenges facing Sothema and highlights the unpredictable nature of the stock market.
Moroccan tycoon Anas Sefrioui faces $190-million loss in ADH stake within a week
This downturn comes on the heels of a period of significant growth for Sefrioui, who experienced a surge of $242.76 million between March 7 and April 8.
Moroccan tycoon Lamia Tazi gains $2 million from Sothema stake in 8 days
The notable increase in the market value of Tazi’s stake in Sothema solidifies her position among the richest investors on the Casablanca bourse.
Moroccan billionaire Moulay Hafid Elalamy’s Saham acquires Societe Generale Maroc for $793 million
The acquisition marks a strategic shift for Saham Group as it absorbs all activities, client portfolios, and employees of the acquired entities.
Moroccan businessman Anas Sefrioui gains $242.76 million from ADH stake
This surge in wealth cements his position as one of the richest investors on the Casablanca bourse and among Morocco’s most affluent businesspeople.
Moroccan tycoon Lamia Tazi’s Sothema stake slumps below $60 million
Despite the recent decline in her fortune, the Moroccan executive remains among the affluent investors on the Casablanca bourse.
Moroccan billionaire Othman Benjelloun’s Bank of Africa records $1.67-billion revenue in 2023
The board of Bank of Africa led by Othman Benjelloun recommends $0.3952/share dividend.
Moroccan real estate mogul Alami Lazraq nets nearly $18 million from ADI stake
This recent increase not only bolsters Lazraq’s net worth but also reaffirms his status as a leading investor on the Casablanca bourse.
Moroccan businessman Anas Sefrioui’s stake in ADH nears $600 million
Over the past three weeks, ADH’s share price has experienced significant growth, pushing the market value of Sefrioui’s stake up by MAD890.33 million ($88.19 million).
Moroccan Prime Minister Aziz Akhannouch’s wealth dips by $100 million in 5 weeks
The $100-million decline in Akhannouch’s net worth is primarily attributed to the revaluation of his holdings in Akwa Group.
Moroccan billionaire Othman Benjelloun loses $42.7 million from Bank of Africa stake
Benjelloun, who serves as the chairman of Bank of Africa, holds a noteworthy 27.41-percent stake in the institution, or 57,214,615 ordinary shares.
Moroccan businessman Anas Sefrioui gains $64.5 million from ADH stake
This significant increase solidifies Sefrioui’s position as one of the wealthiest investors on the Casablanca bourse and one of Morocco’s most prosperous businessmen.