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This follows a sharp rise in the market value of his shares in Douja Promotion Groupe Addoha, marking a significant financial rebound for the seasoned investor.
This surge reflects growing investor confidence in ADH, cementing Sefrioui's position among the wealthiest investors on the Casablanca bourse.
This significant increase solidifies Sefrioui’s position as one of the wealthiest investors on the Casablanca bourse and one of Morocco’s most prosperous businessmen.
Moroccan businessman Anas Sefrioui is the founder of Casablanca-based property developer Douja Promotion Groupe Addoha (ADH).
Sefrioui, one of Morocco’s wealthiest businessmen, owns a 64-percent stake in the Moroccan property developer.
Sefrioui owns a controlling 64.1-percent stake in Douja Promotion Groupe Addoha.
Sefrioui owns a 64.1-percent stake in Douja Promotion Groupe Addoha.
The market value of Sefrioui’s 64.1-percent stake has now dropped to $189.43.
Douja Promotion Groupe Addoha (ADH) is a Morocco-based real estate developer and construction company.
The uptick follows a rise in the company’s shares on the Casablanca Stock Exchange.