Who is Aziz Akhannouch and what is his Net Worth?

1. Birth and Early Life:
   • Aziz Akhannouch was born in Tafraoute in 1961.
2. Education:
   • He holds a diploma in business management from the University of Sherbrooke, Canada.
3. Political Affiliation:
   • He is the head of the National Rally of Independents (RNI).
4. Professional Career:
   • Aziz Akhannouch is the founder of several companies operating in different economic sectors.
5. Regional Leadership:
   • He served as the President of the Council of the Souss-Massa-Draa Region from 2003 to 2007.
6. Associations and Think Tanks:
   • Akhannouch was a member of the think tank of His Majesty the late King Hassan II until 1999.
   • He served as a member of the Board of Directors of the Mohammed VI Foundation for Environmental Protection.
   • He was a managing member of the Mohammed VI Foundation for the Reintegration of Prisoners.
7. Ministerial Role:
   • Aziz Akhannouch served as the Minister of Agriculture and Fisheries from 2007 to 2021.
   • During his tenure, he activated the Green Morocco Plan, a comprehensive agricultural development strategy launched by King Mohammed VI in April 2008.
8. Strategic Initiatives:
   • He presented the new strategy for the agricultural sector, “Green Generation 2020-2030,” in line with Royal Directives on the agricultural sector.
   • Akhannouch also presented the strategy for the development of the water and forestry sector, known as “Forests of Morocco,” in February 2020.

Apart from his political career, Aziz Akhannouch is a prominent businessman. He is the CEO of Akwa Group, a Moroccan conglomerate with interests in the petroleum, gas, and chemicals sectors. The group is also involved in various other industries, including media and telecommunications. Akhannouch’s dual role as a politician and businessman has made him a notable figure in Moroccan public life.

Aziz Akhannouch has a net worth of $1.7 billion, which he shares with his family. His wealth is attributed to his stake in Akwa Group, a diversified conglomerate based in Casablanca, Morocco.

Akwa Group, founded by Akhannouch’s father and now led by Aziz Akhannouch as CEO and chairman, operates in various sectors such as petroleum, gas, chemicals, telecommunications, tourism, media, real estate development, and hotels. While he has taken on a significant role in managing the family business, Aziz Akhannouch has also been involved in Moroccan politics, serving as the Minister of Agriculture and Fisheries.

Additionally, the information highlights the entrepreneurial endeavors of Aziz Akhannouch’s wife, Salwa Idrissi, who runs her own company involved in the construction of malls and holds the Moroccan franchise for well-known fashion brands like Gap, Zara, and Galeries Lafayette. This provides a comprehensive overview of the diverse business activities within the Akhannouch family.

Who was Miloud Chaabi’s and 10 Note Worthy Fact About Him

Miloud Chaabi (1930–2016) was a prominent Moroccan businessman and philanthropist. Here are 10 noteworthy facts about him:

1. Early Life:

• Miloud Chaabi was born on June 16, 1930, in the city of Essaouira, Morocco.

1. Business Ventures:

• He was the founder of the Ynna Holding group, a conglomerate with interests in various sectors, including real estate, hotels, supermarkets, and energy.

1. Forbes Ranking:

• At one point, Miloud Chaabi was recognized as one of the wealthiest individuals in Morocco and was listed on Forbes’ list of billionaires.

1. Political Involvement:

• Miloud Chaabi had a brief involvement in politics and was elected as a member of the Moroccan Parliament. He later focused more on business and philanthropy.

1. Ynna Holding:

• Ynna Holding, under Chaabi’s leadership, became a major player in the Moroccan economy, with investments in industries ranging from construction to tourism.

1. Social Initiatives:

• Known for his philanthropy, Chaabi funded numerous social and educational initiatives in Morocco. He contributed to the development of schools, hospitals, and other community projects.

1. Hospitality Industry:

• Miloud Chaabi played a significant role in the hospitality industry, establishing luxury hotels and resorts in Morocco.

1. Supermarket Chain:

• Ynna Holding owns the Aswak Assalam supermarket chain, one of the largest in Morocco, contributing to Chaabi’s influence in the retail sector.

1. Entrepreneurial Spirit:

• He was recognized for his entrepreneurial spirit and ability to diversify his business interests, making Ynna Holding a multifaceted conglomerate.

1. Legacy:
   • Miloud Chaabi passed away on April 16, 2016. His legacy includes not only his business empire but also his significant contributions to social and community development in Morocco.

It’s important to note that these facts are based on information available up to my last training cut-off in January 2022, and there might be additional developments or details that have emerged since then.

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