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Cairo’s stock market is heading into 2026 with a confidence that has been missing in many stretches of the past decade. The Egyptian Exchange, known as the EGX, has drawn steady local buying as households and institutions looked for places to park money during a year shaped by inflation pressure, currency shifts and high interest rates.
That wave of demand helped lift prices across much of the board in 2025, pushing market value higher and putting the main indices back at the center of daily business conversation. Brokers and fund managers point to a familiar driver: when cash loses purchasing power fast, equities start to look less like a risk and more like a hedge.
Yet the rally still revolves around a small circle of heavyweight companies where ownership is concentrated and control is clear. Those blocks matter because they can tighten supply, amplify moves and turn corporate news into market wide momentum.
At the top of the EGX wealth table sit three names that have come to define modern Egyptian capitalism. Hisham Talaat Moustafa leads the list with an estimated $1.99 billion stake in Talaat Moustafa Group, the country’s dominant listed real estate developer. Ahmed Ezz follows with about $934.67 million tied to his controlling position in Ezz Steel, a bellwether for building and infrastructure cycles. Ahmed El Sewedy ranks third at about $901.67 million, anchored by a major holding in Elsewedy Electric, one of Egypt’s most important industrial exporters and power infrastructure suppliers.
For the fourth time, Billionaires.Africa presents its annual ranking of the richest people on the Egyptian Exchange. This ranking is based on disclosed stakes in EGX listed companies using the share counts, ownership percentages and estimated dollar values provided in the dataset for this story. It captures listed equity only, not private businesses, offshore assets, real estate holdings or unlisted operating companies.
It uses closing prices from the EGX Daily Market Report dated Jan. 30, 2026, and converts portfolio values into US dollars at 46.8 Egyptian Pounds to $1.
1) Hisham Talaat Moustafa
Portfolio value: $1.99 billion
Holdings: 51.19% stake in Talaat Moustafa Group
He is the public face and key decision-maker behind the family-built developer that sets the pace in listed Egyptian real estate.
2) Ahmed Ezz
Portfolio value: $934.67 million
Holdings: 61.56% stake in Ezz Steel Company
Ahmed Ezz is the controlling owner of Egypt’s biggest listed steel maker, an industrial heavyweight that often moves with construction cycles.
3) Ahmed El-Sewedy
Portfolio value: $901.67 million
Holdings: 24.99% stake in El Sewedy Electric,
He is a leading figure of the Elsewedy family and one of the main stewards of a group that grew from cables into a regional power and infrastructure player.
4) Sadek Ahmad El-Sewedy
Portfolio value: $901.67 million
Holdings: 24.99% stake in El Sewedy Electric,
Sadek is a core family shareholder in Elsewedy Electric, part of the tight ownership structure that keeps control close.
5) Mehmet Kutman
Portfolio value: $719.71 million
Holdings: 30% stake in Eastern Company S.A.E
Through Global Ports Holding, the private company he controls, Mehmet Kutman owns a 30% stake in Eastern Company S.A.E., Egypt’s main tobacco manufacturer. The Cairo-based group makes and sells a wide range of tobacco products, led by cigarettes, alongside cigars, pipe tobacco and water-pipe tobacco (including molasses-style “moassel” products). It also produces tobacco-related inputs such as filter rods and other packaging or processing materials, and it exports part of its output in addition to serving the domestic market.
6) Mohamed El-Sewedy
Portfolio value: $649.82 million
Holdings: 18.01% stake in El Sewedy Electric
Mohamed is another major Elsewedy family holder.
7) Samih Sawiris
Portfolio value: $585.58 million
Holdings: 75.1% stake in Orascom Development Egypt; 12.5% of Orascom Construction, 7.52% of B Investments Holding
A scion of the illustrious Sawiris family, Samih is the resort-builder behind Orascom Development’s identity, and he keeps listed exposure across multiple counters instead of betting on one story.
8) Hani Nabih Aziz Barzi and family
Portfolio value: $415.87 million
Holdings: 48.75% of Edita Food Industries,
Barzi is Edita’s founder and the anchor shareholder who turned a snack business into one of the EGX’s best-known consumer staples plays.
9) Raouf Ghabbour
Portfolio value: $381.09 million
Holdings: 63.32% of GB Corp
Ghabbour is the founder of GB Corp, one of Egypt’s biggest automotive groups, best known as a vehicle assembler and distributor that sells everything from passenger cars to buses, trucks and two- and three-wheelers, and backs those sales with nationwide after-sales and parts networks.
10) Nassef Sawiris
Portfolio value: $379.39 million
Holdings: 42.36% of Orascom Construction
Nassef Sawiris, Egypt's richest man, is the controlling shareholder of Orascom Construction.
11) Safwan Thabet (via Pharon Investment)
Portfolio value: $348.87 million
Holdings: 50.1% of Juhayna Food Industries
Thabet is the founder of Juhayna Food Industries, one of Egypt’s best-known packaged food and beverage companies, focused on dairy and juice.
12) Medhat Khalil and family
Portfolio value: $241.95 million
Holdings: 57.9% of Raya Group
He is Raya’s founder and long-time chairman. Raya Group, formally Raya Holding for Financial Investments, is a Cairo-based investment holding company that owns and runs businesses across a spread of consumer and business services. Its portfolio is built around seven main areas: technology and infrastructure (including IT services and data centers), retail and distribution (notably consumer electronics and FMCG), business process outsourcing and customer experience (contact-center operations), fintech and non-bank financial services through Aman, manufacturing (including auto-related and food businesses), hospitality-related operations, and logistics.
13) Yasmine Mohamed Khamis and family
Portfolio value: $179.45 million
Holdings: 56.479% of Oriental Weavers
She is the next-generation face of Oriental Weavers, a company that makes machine-woven rugs, carpets, and mats for the Egyptian market and for export. It also produces some related raw materials as part of a vertically integrated operation
14) Abdulrahman Hassan Abbas Sharbatly
Portfolio value: $177.98 million
Holdings: 21.70% of Golden Pyramids Plaza
The Saudi Arabian is the largest shareholder in Golden Pyramids Plaza, a hospitality, leisure and mixed-use real estate company best known for operating and managing the Citystars complex in Cairo.
15) Hassan Khalil
Portfolio value: $124.82 million
Holdings: 5.2% of Eastern Company S.A.E,
Khalil is a key shareholder in Eastern Company, a stock long treated as a core holding by investors who like scale and cash generation.
16) Ali Dayekh
Portfolio value: $109.17 million
Holdings: 10% stake in Housing and Development Bank
Dayekh, an Egyptian businessman and Chief Executive Officer at Saudi Group for Construction Materials, has been among the largest shareholders in Housing and Development Bank for many years.
17) Hend El Sherbini
Portfolio value: $109.06 million
Holdings: 28% stake in Integrated Diagnostics (IDHC)
Hend El Sherbini is the figure most associated with scaling IDH, turning diagnostics into a listed healthcare growth story with real operational depth.
18) Azza El-Sewedy
Portfolio value: $107.16 million
Holdings: 2.97% stake in El Sewedy Electric
She is part of the wider Elsewedy shareholder circle, showing how the family’s influence extends beyond the top headline blocks.
19) Zainab El-Sewedy
Portfolio value: $107.16 million
Holdings: 2.97% stake in El Sewedy Electric
Zainab is another Elsewedy family shareholder, reinforcing the company’s ownership pattern of multiple related holders.
20) Mona El-Sewedy
Portfolio value: $107.16 million
Holdings: El Sewedy Electric, 63,581,102 shares (2.97%), $107.16 million
She is an Elsewedy family holder whose stake sits inside the network that keeps long-term control and alignment intact.
21) Mohammad Ashraf Omar Omar
Portfolio value: $82.52 million
Holdings: 17.5% of Misr Cement (Qena); 8.62% of Cairo Poultry
Very little information about him is available in the public domain, but he is a concentrated listed investor across industrial and food names, the kind of shareholder who quietly matters in shareholder meetings.
22) Yasir Farouq Moustafa Mohamed
Portfolio value: $78.53 million
Holdings: 24.74% of Misr Beni Suef Cement,
He is one of the defining shareholders in Misr Beni Suef Cement.
23) Naguib Sawiris
Portfolio value: $73.92 million
Holdings: Orascom Investment Holding, 2,709,989,320 shares (51.66%), $73.92 million
One of Egypt's billionaires, Naguib Sawiris holds a controlling stake in Orascom Investment Holding.
24) Faeq El Qasrawi
Portfolio value: $69.07 million
Holdings: 21.76% of Misr Beni Suef Cement
Qasrawi was a former CEO of Misr Beni Suef Cement and is still a major shareholder.
25) Yaseen Ibrahim Lotfi Mansour
Portfolio value: $68.71 million
Holdings: 12.95% of Palm Hills Developments
The Egyptian billionaire and member of the storied Mansour family owns a 12.95% stake in Palm Hills Developments, a premier Egyptian real estate company founded in 1997 that develops integrated residential, commercial, and resort communities.
26) Heba Al-Kharafi
Portfolio value: $51.79 million
Holdings: 6.3% stake in Valmore Holding (formerly Egypt Kuwait Holding)
She is the wife of Loay Jassim Al-Kharafi, one of Kuwait's most respected corporate lawyers and businessmen. Her husband, a member of one of Kuwait's wealthiest business dynasties, is chairman of Valmore Holding, but she is listed as the owner of a beneficial 6.3% stake, which makes her the largest individual shareholder of the company.
27) Ahmed Abou Hashima
Portfolio value: $35.13 million
Holdings: 5% stake in Beltone Holding
The Egyptian businessman, famed for his social media presence, is one of the largest shareholders in Beltone Holding, an Egypt-listed financial services group. At its core, it operates like a one-stop shop for capital markets and investment products, with businesses that include securities brokerage, investment banking (advisory and capital raising), asset management, and equity research, alongside private equity and direct investments.
28) El Sayed Ahmed
Portfolio value: $34.15 million
Holdings: 10.76% of Misr Beni Suef Cement
He is another large holder in Misr Beni Suef Cement.
29) Ashraf Sabry
Portfolio value: $31.38 million
Holdings: 2.526% of Fawry
Ashraf Sabry is the founder and CEO of Fawry and the face of one of Egypt’s biggest fintech listings.
30) Khaled Gamal El-Deen Mohamed Mahmoud
Portfolio value: $30.25 million
Holdings: 10.18% of MM Group
Khaled Gamaleldin Mohamed Mahmoud is CEO and Co-Founder at MM Group for Industry & International Trade SAE, a major Egyptian distribution and trade company headquartered in Cairo, operating through four main segments: Consumer Electronics, Telecommunications, Automotive, and Tractors.
