Moroccan businessman Adil Douiri loses $2.6 million from stake in Mutandis
Douiri owns 6.88 percent of the consumer goods firm.
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Douiri owns 6.88 percent of the consumer goods firm.
The market value of Douiri’s 6.88-percent interest in Mutandis is assessed at $15.36 million.
Lazraq is one of Morocco’s wealthiest businesspeople.
Akhannouch remains one of the richest investors on the Casablanca bourse and one of Morocco’s richest businessmen.
TAQA Morocco has evolved into a prominent participant in Morocco’s energy industry.
Zniber launched Gaia Energy in 2008 to encourage the development of renewable energies in Morocco.
The group’s quarterly filings revealed that it delivered a resilient financial performance despite the pandemic.