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| Ben Ali and Sarkozy |
Shares of the Tunisian company «Transport» listed on the Casablanca Stock Exchange declined in performance. The company was headed by the Tunisian businessman, Sakhr El Materi, relative of the former Tunisian President, raised in the Casablanca Stock Exchange, 3 million shares for sale, last June, A price of 64.22 dirhams per share.At the end of last week, the company fell 8.32 per cent transport, where it arrived to 65 dirhams per share, compared to 70.90 dirhams in the past week.
The company's shares, in which Sakhr El Materi ,the owner of the «Princess Holding» ,has 59.59 per cent, achieved in the first week of the current year, a soar by 7.2 per cent.
«Transport» company is considered to be the first foreign company to be priced in the Casablanca Stock Exchange.
«Princess Holding» has branches in the sectors of cars distribution and light and heavy tourism, yachting, private air transportation, real estate and Islamic finance through the Bank “zaytona and agriculture” and the press through «Dar Al-Sabah» and Islamic Radio «Zaytuna».
Tunisian TV station “Nessma” said, last Friday, Sakhr El Materi relatives of the family of former Tunisian president, Zine El Abidine Ben Ali who left the country to Saudi Arabia,were arrested.However,the news agency «Reuters» reported Materi’s assistant, saying that sakhr Materi has been in Dubai since last Friday.
Materi is one of the Tunisian figures that many emphasized he was prepared to take a high position.One of the businessmen who hovered doubts about their wealth and their business interests.He is also the grandson the famous Tunisian officer Moncif Materi, a fellow of the former President Zine El Abidine Ben Ali, in military studies.
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