Moroccan real estate magnate Alami Lazraq makes $10.8 million from ADI stake
This gain follows a period of decline, with Alami Lazraq’s shares in ADI dropping by $17.39 million between May 15 and 23
Morocco
Moroccan pharma tycoon Lamia Tazi gains $3 million from Sothema stake in 28 days
This underscores Lamia Tazi’s leadership and strategic vision in steering Sothema to new heights in the competitive pharmaceutical industry.
Moroccan billionaire Anas Sefrioui loses $30 million as ADH stock drops
While Sefrioui’s fortune has dipped by over $30 million in recent weeks, it’s important to note that ADH remains a strong performer year-to-date.
Moroccan tech tycoon Karim Benjelloun’s Disway to distribute $6.6 million in dividends
The decision follows a recommendation from the board of directors in a recently published financial update on the Casablanca bourse.
Moroccan real estate magnate Alami Lazraq sees $17.4-million decline in ADI stake
Despite this setback, Lazraq remains a leading investor on the Casablanca bourse and is still recognized as a prominent Moroccan entrepreneur.
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.
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.