Egyptian entrepreneur Mohamed Azab’s Grinta secures $8 million in seed funding round
Azab said the startup is excited to have the right investor base that shares its values and vision.
Egyptian businessman
Egyptian businessman Hani Berzi’s Edita posts $25.7 million in profit in 9M 2023
Berzi owns a 41.95-percent stake in the leading packaged food maker through Quantum Invest BV.
Egyptian businessman Medhat Khalil’s Raya reports double-digit percent decline in profits
Khalil owns a 58.1 percent stake in Raya Holding.
Egyptian mogul Khaled Mahmoud’s MM Group posts lower earnings in 9M 2023
Mahmoud owns 10.13 percent of the group, worth nearly $15.8 million.
Egyptian real estate mogul Hisham Talaat Moustafa’s TMG posts $80 million in profit
Moustafa’s stake in TMG Holdings is worth $311 million.
Egyptian billionaire Yasseen Mansour’s Palm Hills posts $37.4 million in profit in 9M 2022
Mansour owns a sizable 5.22-percent stake in the Cairo-based property developer.
Egyptian businessman Samih Sawiris on verge of losing ‘billionaire’ status
The Egyptian billionaire has seen a steady decline in his wealth since 2008.
Egyptian mogul Medhat Khalil’s Raya Holdings becomes full owner of Haier-Raya Electric
Khalil owns 58.1 percent of Raya Holding for Financial Investments.
Egyptian tycoon Hassan Allam’s company to invest up to $150 million in Morocco
Hassan Allam Holding is one of the largest privately held corporations in Egypt.
Egyptian magnate Abdallah Sallam’s MNHD partners with DMC in $19-million deal
Sallam’s five-percent stake in MNHD is now valued at $13.85 million.
Egyptian businessman Abdallah Sallam’s stake in MNHD stake slumps by nearly $4.5 million in 45 days
Sallam owns five percent of MNHD.
Egyptian mogul Safwan Thabet loses $39 million in 139 days from stake in Juhayna
Thabet owns 50.07 percent of the Egyptian-based consumer goods producer.
Egyptian businessman Medhat Khalil’s Raya Contact Center looks set to launch Dubai unit
Raya Contact Center is one of the many subsidiaries of Raya Holding.
Egyptian steel tycoon Ahmed Ezz gains $55.4 million from stake in Ezz Steel
Ezz owns 60.7 percent of the company.
Led by Egypt’s richest family, Orascom Construction to build strategic warehouse in Egypt
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Egyptian businessman Raouf Ghabbour’s GB Auto considers selling stake in leasing business to Chimera
GB Lease was founded in 2008.