King Mohammed VI of Morocco — North Africa — Moroccan billionaire family — Hot News — Alaouite Royal Family
Moroccan royal family’s bank holdings soar above $6.2 billion—what this means for their influence
As the value of the royal family’s stake continues to rise, so does its influence in the country’s financial sector.
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Morocco’s second-richest man Othman Benjelloun loses $59 million from BOA stake
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
Billionaire Royal Family of Morocco gains $242 million from Attijariwafa Bank
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.
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One of America’s richest Black CEOs sees $46.7 million drop in Eaton stake
Over the past 23 days, the market value of his holdings has dropped by $44.86 million as investors pulled back from the stock.
South African executive Duncan Wanblad-led Anglo American announces internal restructure as demerger advances
The internal restructuring consolidates control under AAI while keeping Anglo American’s overall ownership unchanged.
Mauritian businessman Arnaud Dalais-led CIEL sees half-year profit slump below $50 million
While revenue edged higher, the group’s profit took a hit, weighed down by new tax levies and weaker contributions from its agro business.
Nigerian gambling magnate Kessington Adebutu stake in Wema Bank rebounds above $47 million
In the past three weeks, the value of his stake has risen by $5.23 million, recovering from a sharp decline earlier this year.