Palm Hills, Marriott plan St. Regis near Grand Egyptian Museum in West Cairo
Palm Hills and Marriott plan a St. Regis near the Grand Egyptian Museum, adding new hotel rooms and branded residences to West Cairo.
Egyptian billionaire
Egyptian billionaire Ahmed El-Sewedy gains $116 million in Elsewedy stake
Egyptian billionaire Ahmed El-Sewedy adds $115.93 million to his Elsewedy Electric stake as shares climb and market value strengthens.
Egyptian billionaire Yasseen Mansour’s Palm Hills inks $18.2 million deal in UAE
Palm Hills, led by billionaire Yasseen Mansour, secures $18.2 million lease and UAE trademark deal, boosting its Gulf expansion strategy.
Egyptian billionaire Hisham Talaat Moustafa plans $5 billion Oman projects
Hisham Talaat Moustafa’s TMG launches $5 billion Oman projects with 15,000 residential units, hotels, and coastal amenities.
Egyptian billionaire El-Sewedy family’s electric group signs deal to boost Qatar power solutions
Elsewedy Electric teams with Raneen Energy to strengthen Qatar’s power systems and advance local production.
Egyptian billionaire Hassan Allam takes board seat at the American University in Cairo
Egyptian billionaire Hassan Allam joins AUC’s Board of Trustees, strengthening the university’s leadership.
Côte d’Ivoire mine lifts gold output for Egyptian billionaire Naguib Sawiris’ Endeavour
Ity mine in Côte d’Ivoire leads Endeavour Mining’s gold output, boosting Egyptian billionaire Naguib Sawiris’ stake to $1.4 billion.
Harrods to remove Egyptian billionaire Mohamed Al-Fayed escalators following $83.9 million victim
Harrods replaces Al-Fayed’s Egyptian-themed escalators following $83.9 million victim compensation, unveiling a brighter, spacious central area.
Egyptian billionaire Naguib Sawiris cuts London penthouse price by $13.2 million
Sawiris lowers London penthouse price to $92.2 million as UK luxury market struggles and wealthy investors reconsider holdings.
Egyptian billionaire Sadek El-Sewedy’s Elsewedy Electric stake nears $1 billion
The rise follows a steady climb in the company’s share price on the Egyptian Exchange (EGX), extending a stretch of gains that began earlier in the year.
Egyptian billionaire Yasseen Mansour’s Palm Hills stake tops $50 million again
Yasseen Mansour’s Palm Hills stake rises above $50 million as renewed demand on the EGX lifts the real estate developer’s share value.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1.3 billion
Aliko Dangote’s wealth falls below $30 billion after a decline in Dangote Cement shares amid investor caution and tax policy concerns.
Billionaire El-Sewedy family launches major industrial zone in Egypt
Egypt’s El-Sewedy family partners with Arabia Developments to launch a major industrial zone in New 6th of October City.
Egyptian billionaire Naguib Sawiris' net worth drops below $10 billion amid gold decline
Naguib Sawiris’ net worth dips below $10 billion as falling gold prices cut $170 million from his fortune.
Egyptian billionaire Mohamed Mansour breaks ground on $150 million Cairo vehicle plant
Mohamed Mansour starts work on a $150 million eco-friendly vehicle factory in Cairo to boost Egypt’s car manufacturing capacity and create thousands of jobs.
Egyptian billionaire Hisham Talaat Moustafa launches new Four Seasons hotel in Giza
TMG starts work on a new Four Seasons in Giza, adding another luxury asset near the Grand Egyptian Museum as Egypt targets higher-value visitors.