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
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.
Naguib Sawiris overtakes brother Nassef as Egypt’s richest man
Naguib Sawiris’ fortune hits $9.13 billion, edging past brother Nassef’s $9.03 billion in Bloomberg’s latest ranking.
Khalil’s stake in Egypt’s Raya nears $50M as profit climbs 36%
Raya Holding’s profits jumped 36% in the first half of 2025, boosting founder Medhat Khalil’s stake in the Egyptian investment firm to nearly $50 million
Egyptian billionaire Samih Sawiris’ ODE posts $237.9 million revenue in H1 2025
Orascom Development Egypt’s H1 2025 revenue rose 12.9% to $237.9 million, fueled by strong real estate, hospitality, and commercial asset performance.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1 billion
Hisham Talaat Moustafa’s TMG shares hit $1.04 billion in value as the company’s stock climbs 8.72%, pushing market cap above $2.4 billion.
Egyptian billionaire Nassef Sawiris’ OCI to reward shareholders with $700 million payout
OCI, led by billionaire Nassef Sawiris, approves $700 million shareholder payout via capital repayment or dividend, backed by strong financial reserves.
Egypt’s second-richest man, Naguib Sawiris, is $2 billion richer this year
Naguib Sawiris adds $2 billion to his net worth, nears $9 billion with new investments in clean energy and mega real estate projects.
UK court dismisses murder suit against Egyptian billionaire Hisham Talaat Moustafa
UK court clears Egyptian billionaire Hisham Talaat Moustafa in civil suit linked to Suzanne Tamim’s 2008 killing.
Egyptian billionaire Samih Sawiris’ Mamula Island enters new era with Banyan Group
Egyptian billionaire Samih Sawiris’ Mamula Island hotel begins a Banyan Tree rebrand after a seven-year restoration of the historic fortress.
Egypt's Naguib Sawiris to invest $100 million in electric motorbike project in Morocco
Naguib Sawiris backs $100 million plan to electrify Morocco’s motorbike transport through affordable battery leasing with BluEV.