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
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.
Egyptian billionaire Ahmed Ezz gains $22 million as Ezz Steel shares surge
Ahmed Ezz adds $22.46 million to his fortune as Ezz Steel shares rise on the EGX, lifting his holdings above $1 billion and reaffirming his influence.
Egyptian billionaire Ahmed El-Sewedy gains $54 million from Elsewedy Electric stake
Egyptian billionaire Ahmed El-Sewedy’s stake in Elsewedy Electric rises by $51 million as the company’s shares climb 6.22% on the Egyptian Exchange over 23 days.
Egyptian billionaire Mohamed Mansour’s group to build sports facility in Ghana
Mansour Group, chaired by Egyptian billionaire Mohamed Mansour, will build a new Right to Dream Academy near Accra
Egyptian billionaire Samih Sawiris confirms transfer of Orascom Development shares to his son
Samih Sawiris confirms he transferred all Orascom Development shares to his son Naguib, marking a generational shift in the Egyptian billionaire’s empire.
Egyptian billionaire Naguib Sawiris backs new mining reforms in Egypt
Egyptian billionaire Naguib Sawiris supports new mining reforms, boosting investor confidence and gold exploration across Egypt.
Egyptian billionaire Yasseen Mansour's Palm Hills posts $3.8 billion sales in 9 months
Palm Hills Developments, led by Yasseen Mansour, saw sales jump 40% to $3.8 billion in nine months, marking another record for the Cairo developer.
Naguib Sawiris becomes Egypt’s first billionaire worth $10 billion
Egyptian billionaire Naguib Sawiris has become the country’s first to surpass $10 billion in net worth, driven by a surge in gold prices boosting his mining assets.