Egyptian businessman Medhat Khalil’s Raya partners with Lafarge Egypt to convert trucks to natural gas
Khalil owns 58.1 percent of the company, or 1,245,661,205 shares.
Egyptian businessman
Egyptian mogul Medhat Khalil-linked Aman Holding’s capital soars above $32 million
The fintech company’s capital has now risen to $32.4 million.
Egyptian businessman Waleed Zaki’s Pioneers Properties completes $22.4-million bond issuance
Pioneers Properties is a subsidiary of Aspire Capital Holding, an Egyptian diversified group founded in 2007.
Egyptian businessman Medhat Khalil loses $42 million in 15 weeks from stake in Raya Holding
Raya Holding is an Egyptian investment conglomerate formed in 1999.
Egyptian tycoon Safwan Thabet receives $8.75 million in dividends from Juhayna
Thabet owns a majority 50.07-percent stake in the Egypt-based food products manufacturer.
Egyptian tycoon Ahmed El Sewedy’s electric company secures $150-million loan from IFC
Elsewedy Electric, an Egyptian international electrical corporation, was founded in 1938 by the El Sewedy family.
Egyptian mogul Safwan Thabet’s Juhayna reports $7.5 million in profit in Q1 2022
Thabet owns a majority 50.07-percent stake in the group.
Egyptian tycoon Ahmed Ezz loses $49.6 million from stake in Ezz Steel
Ezz, who founded Ezz Steel in 1994, owns 60.7 percent of the company.
Egyptian billionaire Naguib Sawiris says President Vladimir Putin ‘another Hitler in the making’
This is the latest comment by the Egyptian billionaire on the Russia-Ukraine crisis.
Egyptian businessman Medhat Khalil’s Raya Holding unveils expansion plans for new unit
Raya Holding is an Egyptian investment conglomerate.
Egyptian businessman Medhat Khalil’s Raya Holding partners with Huawei to build sustainable data centers
Raya Holding is a leading brand in Egypt, with its operations generating a net profit of $34.5 million in 2021.
Led by Egyptian exec Karim Awad, EFG Hermes issues $26.8-million bond
The bond has a credit rating of “A-” from Middle East Ratings and Investor Services.
Egyptian multimillionaire Medhat Khalil’s Raya Holding to sell stake in Ostool Transport in $14.3-million deal
Raya Holding has grown into a leading brand in Egypt since its formation in 1999.
Egyptian real estate mogul Hisham Talaat Moustafa’s TMG reports $28.8 million in profit in Q1 2021
Hisham Talaat Moustafa owns a 43.16-percent stake in the conglomerate.
Egyptian tycoon Raouf Ghabbour’s GB Auto marks impressive profit in Q1 2022
The Ghabbour family owns a 62.9-percent stake in GB Auto.
Egyptian businessman Hatem Samir’s GlobalCorp acquired by SPE Capital
Samir controls a 10-percent stake in GlobalCorp.