US EditionAlami Lazraq’s stake in ADI slips below $600 million
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Alami Lazraq’s stake in ADI slips below $600 million
Key PointsAlami Lazraq's stake in ADI has dropped by $123.26 million, falling below $600 million due to a decline in share price.ADI shares fall 18.27% in the past month, reducing the company’s market value to under $1.1 billion, impacting major stakeholders like Lazraq.Despite recent losses, Lazraq maintains a strong position in ADI, reflecting his long-term commitment to Morocco’s real estate sector.Moroccan real estate tycoon Alami Lazraq, fo…
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