Egyptian tycoon Hani Berzi’s group reports nine-month profit exceeding $40 million
Edita Food Industries’ profit under Hani Berzi surged well beyond expectations, reaching over $40 million.
Egypt
Egyptian mogul Safwan Thabet gains $31 million in 32 days from stake in Juhayna
One of North Africa’s leading businessmen in the consumer goods industry, Safwan Thabet owns a majority 50.07 percent stake in Juhayna Food Industries.
7 companies owned by Egypt’s second-richest man Naguib Sawiris
With a current net worth of $5.45 billion, Sawiris stands as a prominent figure in the Arab world and ranks among the top 500 wealthiest individuals globally.
Egyptian billionaire Yasseen Mansour rakes in $4.4 million from real estate firm
Mansour owns a substantial 6.87-percent stake, which translates to 202,291,698 ordinary shares in the Cairo-based real estate firm.
Egypt’s second-richest man Naguib Sawiris’ net worth falls below $5.5 billion
Naguib Sawiris has seen his wealth figures slump by $350 million over the past 49 days, translating to an average loss of $7.14 million per day since Sept. 13.
Egyptian tycoon Ahmed Ezz makes $300 million in 22 days
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
Egypt’s richest man Nassef Sawiris loses nearly $500 million in 9 days
As a result of this recent $470 million decline, Sawiris, who ranks as the richest man in Egypt and the Arab world, is presently the 322nd wealthiest individual globally.
Egyptian businessman Hani Berzi gains $66 million from Edita stake
Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
Egyptian billionaire Yasseen Mansour-led firm commits $647 million to boost residential projects
Under the leadership of Mansour, Palm Hills has become one of Egypt’s leading real estate companies.
Egyptian billionaire Mohamed Mansour to inject $120 million into Rights to Dream Academy
Mansour, the founder of chairman of Man Capital LLP, has a $3.6-billion fortune according to Forbes.
Egyptian tycoon Medhat Khalil rakes in $3.2 million from shares in Raya Holding
Khalil’s stake in Raya Holding is now worth $88 million.
Egypt’s richest man Nassef Sawiris loses $100 million in 8 days
Sawiris’ net worth currently stands at $7.42 billion, down from $7.52 billion on Oct. 12.
Egyptian billionaire Ahmed Ezz’s steel company posts $26-million loss in H1 2023
Ezz, a prominent Egyptian industrialist, holds a 60.7-percent stake in Ezz Steel, equivalent to 329,816,198 shares in the steel behemoth.
Egyptian businessman Hani Berzi’s Edita to pay out $9.7 million in dividends
Berzi owns a significant stake of 41.95 percent in Edita Food Industries through Quantum Invest BV.
Egypt’s second-richest man Naguib Sawiris targets $7-billion Reko Diq mine
With a net worth of $5.61 billion, Sawiris ranks as Egypt’s second-richest individual.
Egypt’s richest man Nassef Sawiris loses $130 million
In addition to his investments in OCI N.V., Sawiris holds a six-percent stake in the renowned sportswear giant, Adidas AG.