Firm linked to Egypt’s billionaire El-Sewedy family secures $50-million EBRD loan
The $50-million loan from EBRD will further enhance Elsewedy Electric’s ability to meet the growing demand for cables and electrical equipment in the region.
Egyptian billionaire
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.
Egyptian billionaire Ahmed Ezz takes $36.5-million loss from Ezz Steel stake
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
Real estate firm led by Egyptian billionaire Yasseen Mansour unveils $2.75-billion venture
Mansour, the group’s chairman, maintains a 7.29-percent ownership interest in Palm Hills Developments.
Egyptian billionaire Naguib Sawiris’ Orascom Investment sells Brazilian subsidiaries for $17.8 million
Orascom Investment Holdings, which is controlled by Sawiris, will use the proceeds to develop tourist destinations.
Egyptian billionaire Mohamed Mansour’s San Diego MLS team plans training center on tribal land
The campus, spanning 125,000 square feet, will feature a 50,000-square-foot advanced sports facility.
Saudi fund eyes stake in real estate firm led by Egyptian billionaire
Egyptian billionaire Yasseen Mansour retains a 7.29-percent ownership stake in Palm Hills Development.
Hisham Talaat Moustafa, one of Egypt’s richest men, rakes in $124 million
With a 43.16-percent stake in TMG, Hisham Talaat Moustafa ranks among the richest investors on the Egyptian Exchange.
Egyptian billionaire Ahmed Ezz gains $36 million from stake in steel company
Ezz, a leading Egyptian industrialist, owns a 60.7-percent stake in Ezz Steel, equating to 329,816,198 shares in the steel behemoth.
Egypt’s richest man Nassef Sawiris loses $103 million in 5 days
Despite the recent $103 million decline in his fortune, Sawiris’ present fortune of $7.51 billion makes him the 303rd richest individual globally.
7 companies owned by Egypt’s richest man Nassef Sawiris
Sawiris derives his wealth from his holdings in Adidas, the renowned sportswear giant, and OCI N.V., a Netherlands-based fertilizer producer.
Egypt’s richest man Nassef Sawiris’ stake in Aston Villa slumps below $125 million
Despite the recent dip in his Aston Villa ownership, Sawiris has had a lucrative year, with wealth gains exceeding $640 million.
Egyptian billionaire Ghabbour family suffers $26-million loss
Despite the recent downturn, the Ghabbour family remains one of the richest investors on the Egyptian stock exchange.
Egypt’s second-richest man Naguib Sawiris’ net worth falls below $6 billion
Sawiris primarily holds his wealth in cash and closely held assets, amassed from the sale of his stake in Russian telecom company Vimpelcom.