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
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.
Harrods sets aside $83 million for victims of Egyptian billionaire Mohamed Al-Fayed
Harrods sets aside $83.9 million for victims of late Egyptian billionaire Mohamed Al-Fayed’s alleged abuse.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake tops $1 billion after rebound
Hisham Talaat Moustafa’s fortune has rebounded past $1 billion as TMGshares surge, signaling renewed investor confidence in Egypt’s real estate market.
Egyptian billionaire Nassef Sawiris plans $50 billion U.S. infrastructure investment
Nassef Sawiris plans $50 billion U.S. infrastructure bet as Orascom shifts focus from Europe to Gulf and America.
Egyptian billionaire Mohamed Mansour points to AI as Africa’s development lever
Egyptian billionaire Mohamed Mansour sees artificial intelligence as a key lever for Africa’s growth.
Egyptian billionaire Yasseen Mansour loses $6.5 million on Palm Hills stake
Chairman Yasseen Mansour’s Palm Hills stake falls $6.55 million amid continued share pressure on the Egyptian Exchange.
Egyptian billionaire Naguib Sawiris’ ORA Developers launches $16 billion projects in UAE, Iraq
Malagasy businessman Hassanein Hiridjee’s Axian joined a $3.5 million round for Paris-based Nucleon Security to scale AI-driven cyber defense.
Egyptian billionaire Hisham Talaat Moustafa loses $59 million from TMG stake
Egyptian billionaire Hisham Talaat Moustafa loses $59 million as Talaat Moustafa Group shares fall on the Egyptian Exchange.
Safwan Thabet’s Juhayna to Lift Prices as Costs Surge, Defying Egypt’s Cut Drive
Juhayna plans gradual hikes to offset soaring import costs post-devaluation—even as retailers slash prices.
Egyptian billionaire Naguib Sawiris now worth $9.25 billion after private investment gains
Egyptian billionaire Naguib Sawiris’ fortune rises to $9.25 billion as gold and private investments gain value.
Mohamed Mansour, Egypt’s third-richest person, now worth $3.4 billion
Egyptian billionaire Mohamed Mansour’s net worth rises to $3.4 billion, reinforcing his place among Africa’s top business leaders.
Egyptian billionaire Sadek El-Sewedy loses nearly $60 million from Elsewedy stake
Egyptian billionaire Sadek El-Sewedy’s stake in Elsewedy Electric drops by $58.6 million as shares decline.
Egyptian billionaire Naguib Sawiris proposes land sales to ease debt burden
Egyptian billionaire Naguib Sawiris urges state land sales in dollars to tackle Egypt’s $157-billion debt and boost foreign reserves.