Morocco’s Akhannouach, Lebanon’s Mikati Increase Their Wealth …

Lebanese Prime Minister Najib Mikati added $700 million to his wealth in one year, bringing his total fortune to $3.2 billion, while Moroccan Prime Minister Aziz Akhannouch and his family …

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Morocco’s Akhannouach, Lebanon’s Mikati Increase Their Wealth …

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Lebanese Prime Minister Najib Mikati added $700 million to his wealth in one year, bringing his total fortune to $3.2 billion, while Moroccan Prime Minister Aziz Akhannouch and his family …

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FAQs about Morocco’s Akhannouach, Lebanon’s Mikati Increase Their Wealth … Coupon?

What does Akhannouch say about Morocco?

Akhannouch, a billionaire businessman, declared the results “a victory for democracy, its spirit and its rules”. His party has promised to create one million jobs to boost the economy after the coronavirus pandemic, expand health insurance to all Moroccans, increase teacher salaries and provide a guaranteed pension for the elderly. ...

Who is Aziz Akhannouch?

You'll be asked to sign into your Forbes account. Moroccan natural energy billionaire Aziz Akhannouch will become Morocco’s next prime minister, it has been confirmed, after the north African country went to the polls last week. ...

How much is King Akhannouch worth?

The King is also a key player in Moroccan business. In 2015 Forbes estimated his fortune to be $5.7 billion. Akhannouch, meanwhile, has a net worth of $2 billion, Forbes estimates—largely thanks to his stake in Akwa Group, a Moroccan conglomerate based in Casablanca and a major player in the country’s oil and gas industry. ...

How does King Akhannouch choose the Prime Minister?

Under reforms introduced in 2011, the king picks the prime minister from the largest party in parliament but retains veto power over cabinet members. Akhannouch, a billionaire businessman, declared the results “a victory for democracy, its spirit and its rules”. ...

What is Akhannouch's main commitment?

Akhannouch has previously said, according to Agence France-Presse, that the “main commitment of the party is to work seriously as long as we enjoy the confidence of citizens, to improve their daily lives, to achieve their aspirations and regain confidence in their representatives.” ...

What does Akhannouch own?

Akhannouch also has holdings in publicly-traded Afriquia Gas (up 22% on the year to date) and Maghreb Oxygene (up 8%), as well as the Caractères Media Group, and a luxury tourism and golf resort at Taghazout Bay, amongst other projects. ...