Algerian-born French tycoon Sue Nabi’s stake in US beauty giant declines by $64 million
The recent decline has pushed the market value of her stake below $180 million.
Related
IFC plans $40 million bet on Egyptian billionaire Naguib Sawiris’ Nile Sugar desert project
The IFC is considering a $40 million loan to Nile Sugar Company, owned by Naguib Sawiris, to expand sugar beet farming in Upper Egypt.
Hassan Allam's Egyptian construction giant powers up one of the world's largest solar parks with Chinese tech deal
Hassan Allam Holding has partnered with Sineng Electric to supply 249MW of central inverters to Egypt's 1.65GW Benban Solar Park in Aswan.
Billionaire Naguib Sawiris says Iran's attacks on the UAE are a war against freedom and progress
Egyptian billionaire Naguib Sawiris says Iran's attacks on the UAE go beyond military strikes and target freedom and a way of life.
Chakib Alj files to take control of Forafric Maroc in deal that reshapes Morocco's flour industry
Chakib Alj's Cap Holding has formally notified Morocco's Competition Council of its plan to acquire 68% of flour and pasta producer Forafric Maroc.
Latest
Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
10 businesses owned by Tanzanian billionaire Rostam Aziz
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.