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Sue Nabi, Algerian-born French beauty mogul, rakes in $6 million from Coty

Summary by Billionaires.Africa

Key PointsSue Nabi’s 3.7% stake in Coty Inc. climbed by $6.69 million in nine days as the company’s shares gained strength.Coty’s stock rose 3.84% to $5.68, boosting its market value above $4.96 billion amid renewed investor confidence.Despite recent gains, Coty’s stock is still down 17.2% in 2024, reflecting ongoing challenges in the beauty industry.Algerian-born French entrepreneur and business executive Sue Youcef Nabi has seen the value of h…

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Billionaires.Africa

Sue Nabi, Algerian-born French beauty mogul, rakes in $6 million from Coty

2 days ago

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observalgerie.com

Strong increase in French demand for Algerian oil

Algeria recorded a significant increase in its exports of Algerian oil, driven largely by the growing demand from France. In February, Hexagone accounted for almost one third of the shipments from Sahara Blend, with a five-fold volume of purchases in February. This trend reflects a repositioning of France's energy supply sources and a renewed interest in Algerian crude oil. According to Argus-Media, Algerian exports from Sahara Blend increased s…

3 days ago

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