North Africa’s richest man Nassef Sawiris gains $350 million in 12 days
This solidifies his standing as one of Africa’s wealthiest individuals. His year-to-date gains now total $576 million.
Egyptian billionaire
Egyptian billionaire Ghabbour family rakes in $30.5 million from GB Corp stake
The Ghabbour family presently holds a significant 62.9-percent stake in the automaker, equivalent to 682,779,500 ordinary shares.
Egyptian mogul Hassan Allam’s Thales forges alliance for digital advancement in the Middle East
Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries.
Egyptian billionaire Ahmed Ezz rakes in $57.5 million in November
Egyptian billionaire Ahmed Ezz’s stake in Ezz Steel surpasses $830-million mark.
Egypt’s second-richest man Naguib Sawiris’ net worth surpasses $6 billion
With a net worth which amounts to $6.06 billion, Sawiris now ranks as the world’s 416th richest man.
Egyptian billionaire Youssef Mansour gains $200 million in 3 days
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.
Egypt anticipates new billionaire as Hisham Talaat Moustafa’s TMG stake surges to $717 million
Hisham Talaat Moustafa is one of the wealthiest people in the entire North African region, thanks to his 43.16 percent stake in TMG Holdings
Egyptian billionaire Ahmed El Sewedy’s electric firm lands $300-million funding
Elsewedy Electric is a leading multinational cable and electrical equipment manufacturer majority owned by the Egyptian billionaire El-Sewedy family.
Egyptian billionaire-led construction giant to invest $200 million in projects across Tanzania, Ghana, and beyond
The agreement was signed by Mohy Eldin Abdin, group CFO of Hassan Allam Group, and Kanayo Awani, executive vice president of Intra-African Trade Bank at Afreximbank.
Egypt’s second-richest man Naguib Sawiris’ net worth surges above $5.5 billion
With a $5.71-billion fortune, Sawiris ranks as the 431st richest person globally.
Egyptian billionaire Ahmed El Sewedy’s electric company achieves $261 million in profit in 9 months
El Sewedy Electric’s robust financial standing and strategic initiatives underscore its dominance in the global electrical equipment industry.
North Africa’s richest man Nassef Sawiris gains $370 million in 12 days
Sawiris now commands a staggering fortune of $7.32 billion, propelling him to the 315th spot on the esteemed list of the world’s 500 wealthiest billionaires.
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.
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 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 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.