Moroccan businessman Alami Lazraq loses $7 million as shares in country’s largest homebuilder slump by nearly 12 percent
ADI is Morocco’s largest home and hotel builder. Lazraq holds a majority 51.7-percent stake in the company.
Alami Lazraq
Moroccan real estate tycoon Alami Lazraq gains $6.3 million as ADI shares rebound
Alliances Developpement Immobiliere is Morocco’s largest home and hotel builder.
Moroccan real estate mogul Alami Lazraq gains $12.969 million from stake in ADI
Founded in 1994 by Lazraq, ADI is one of the largest home and hotel builders in Morocco.
Moroccan mogul Alami Lazraq’s shares in real estate giant surge by $7.1 million
Alliances Developpement Immobiliere Ste SA’s shares have risen by 18 percent on the Casablanca Stock Exchange.