Azza Elsewedy becomes top female investor on EGX with $80-million stake in Elsewedy Electric
Elsewedy claims the top spot on the Egyptian Exchange with stake in multinational cable and electrical equipment manufacturer, Elsewedy Electric.
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Palm Hills and Marriott plan a St. Regis near the Grand Egyptian Museum, adding new hotel rooms and branded residences to West Cairo.
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Algeria’s richest man Issad Rebrab faces setback as Brandt folds, 700 jobs lost and foreign investment challenges grow.
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Egyptian billionaire Ahmed El-Sewedy adds $115.93 million to his Elsewedy Electric stake as shares climb and market value strengthens.
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Egyptian billionaire Hisham Talaat Moustafa gains $90 million as TMG shares rise
Egyptian billionaire Hisham Talaat Moustafa sees wealth rise by $90 million as TMG shares rally, lifting market value above $3 billion.
Alex Karp’s Palantir renews multi-year deal with French intelligence
Palantir renews a three-year intelligence contract with France’s DGSI, extending its role in national security data analysis.
Kenyan businessman Paul Ndung’u faces $2.9 million repayment in SportPesa dispute
A London court ordered Kenyan businessman Paul Ndung’u to repay $2.9 million to former partners after losing a bid to reclaim a stake in SportPesa.
Kenyan entrepreneur Shilen Thakerar’s Crown Healthcare to build new pharma plant with $10 million
Kenyan entrepreneur Shilen Thakerar’s Crown Healthcare secured $10 million to build a local drug plant, boosting Kenya’s push to cut reliance.