Moroccan canned fish billionaire Saïd Alj holds a $114 million stake in insurer Sanlam Maroc
Said Alj, the Moroccan behind Titus sardines, owns 7.206% of Sanlam Maroc, a stake worth $114 million after the Allianz Maroc merger.
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Said Alj, the Moroccan behind Titus sardines, owns 7.206% of Sanlam Maroc, a stake worth $114 million after the Allianz Maroc merger.
Morocco has another new billionaire in TGCC founder Mohammed Bouzoubaa, whose 19.3 million shares in the construction group are worth $1.62 billion.
Morocco has a new billionaire in SGTM chairman M'hammed Kabbaj, whose 22.2 million shares in the construction group are worth $1.72 billion.
Moroccan tycoon Moncef Belkhayat is preparing to float his FMCG group Dislog and several other companies on the Casablanca Stock Exchange from 2026.
The bank’s share price has risen by about six percent since April 1.
The purchase was made for an undisclosed sum.