Binance founder Changpeng Zhao says he's worth far less than $100 billion
Binance founder Changpeng Zhao says he is worth $10 billion to $30 billion, far below Forbes' estimate of more than $100 billion.
Abu Dhabi
Egyptian billionaire Nassef Sawiris is merging OCI and Orascom into one Abu Dhabi company
Nassef Sawiris wants to merge OCI into Orascom Construction in Abu Dhabi. A Dutch court froze the deal, so he is offering €4.10 a share in cash.
Billionaire Robert F. Smith's Vista Equity opens first Middle East office in Abu Dhabi
Robert F. Smith has opened Vista Equity Partners' first Middle East office in Abu Dhabi, positioning his $107 billion software firm to tap Gulf sovereign wealth capital.
Orascom Construction, owned by Egypt’s richest family, eyes Abu Dhabi listing
Egypt’s Sawiris family-led Orascom Construction shifts primary listing to Abu Dhabi Securities Exchange.
Following Abu Dhabi move, firm linked to Egypt’s richest sells stake in U.S. company
Sawiris, the chairman of OCI, reaffirms his confidence in the recently announced sale, highlighting its potential to create value.
Abu Dhabi emerges as global billionaire hub, attracting Egypt’s richest man and others
The billionaire influx includes Egypt’s richest man, a crypto industry leader, and a hedge fund tycoon.
North Africa’s richest billionaire relocates family office to Abu Dhabi
Sawiris eyes Africa, the Middle East, and beyond with Abu Dhabi as the springboard.
35-year-old son of Egyptian billionaire Mohamed Al Fayed plans to launch UAE space business
He is set for an entry into the region through his Swiss-based firm, Earth Space Technical Ecosystem Enterprises.
Abu Dhabi-based Chimera acquires controlling stake in financial services provider linked to Egypt’s richest family
It is unclear how much of the 59.22 percent stake held by Orascom Financial Holding, a firm led by the billionaire Sawiris family, was acquired during the transaction.