Moroccan real estate tycoon Alami Lazraq gains $43 million from ADI stake
Alami Lazraq gains $43 million in the first 9 days of 2026 as shares of ADI surge on the Casablanca Bourse.
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Alami Lazraq gains $43 million in the first 9 days of 2026 as shares of ADI surge on the Casablanca Bourse.
Moroccan real estate tycoon Alami Lazraq has seen the market value of his stake drop by MAD1.02 billion ($123.26 million) over the past month.
This latest gain comes after an earlier increase of $37.2 million between Jan. 21 and Feb. 5.
Despite this setback, Lazraq remains one of the wealthiest investors on the Casablanca bourse and continues to be recognized as a prominent Moroccan businessman.
The news solidifies his position as one of the richest investors on the Casablanca bourse.