Tunisia sentences richest tycoon Marouan Mabrouk to 20 years in corruption case
Tunisia sentenced its richest businessman to 20 years and a former prime minister to six in sweeping corruption verdicts Tuesday.
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Tunisia sentenced its richest businessman to 20 years and a former prime minister to six in sweeping corruption verdicts Tuesday.
Despite this setback, Sellami remains one of the wealthiest investors on the local stock exchange and maintains a prominent position among the wealthiest individuals in the country.
As a leading business executive who played a pivotal role in Poulina Group, Ben Ayed owns a beneficial 3.4-percent stake in the Tunis-based conglomerate.
Ennakl Automobiles, a Tunisia-based car dealership is majority-owned (53.3 percent) by the billionaire Ben Yedder family.
With a 33.6-percent stake in Euro-Cycles, equivalent to 3,293,136 ordinary shares, Essayeh stands as one of the most affluent investors on the Tunis Stock Exchange.
The $2.87-million surge in the market value of his holding solidifies Ben Ayed’s status as one of the wealthiest investors on the Tunis Stock Exchange.
Essayeh holds a 33.6-percent stake in the bike maker, which translates to 3,293,136 ordinary shares.
Essayeh owns a 33.6-percent stake in the bike maker, making him not only the largest shareholder in the Tunis-based automotive enterprise.
OneTech’s remarkable growth over the years owes much to the visionary leadership of its founder, Sellami, who established the firm in 1978.
Ben Ayed owns a beneficial 3.4-percent stake in the Tunis-based conglomerate, Poulina Group.
Essayeh, Euro-Cycles’ CEO, owns a significant 33.6-percent stake in the Tunis-based automotive company.
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
OneTech’s remarkable growth over the years owes much to the visionary leadership of Sellami, who established the firm in 1978.
Essayeh owns a significant 33.6-percent stake in the bikemaker, making him the largest shareholder in Euro-Cycles.