Oriental Weavers, controlled by Egypt’s Khamis family, reports $260 million in first-half revenue
Oriental Weavers’ half-year revenue rose 17% on strong exports and higher prices, though profit slid 24% on rising costs and soft domestic demand.
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Oriental Weavers’ half-year revenue rose 17% on strong exports and higher prices, though profit slid 24% on rising costs and soft domestic demand.
Oriental Weavers opens Cairo’s first AI-powered carpet showroom, blending tech with tradition under CEO Yasmine Khamis’ leadership.
IDH moves deeper into radiology with $8 million CAIRO RAY deal.
IDH Q1 revenue jumped 35% to $31.8M; Egypt, Jordan led growth. Nigeria turned profitable; Saudi expansion plans signal future gains.
Revenue for the period grew from $80.64 million in 2023 to $111.9 million in 2024, a 39 percent increase.
Hend El-Sherbini is one of Egypt’s leading executives and a key figure in the MENA region’s healthcare sector.
The strong performance was driven by a sharp rise in international sales, even as global trade faced economic and geopolitical pressures.
Beltone Leasing and Factoring’s first securitization issuance signals growth and investor confidence in Egypt's non-banking financial sector.
Elsewedy claims the top spot on the Egyptian Exchange with stake in multinational cable and electrical equipment manufacturer, Elsewedy Electric.
IDH's core markets of Egypt and Jordan demonstrated strong performance, highlighting resilience despite regional challenges.
El-Sherbini added that IDH’s core markets of Egypt and Jordan displayed strong growth, indicating further potential.
El-Sherbini remains one of Egypt’s richest businesswomen and one of the top investors on the Egyptian Stock Exchange.
Billionaires.Africa has identified and cataloged various companies and holdings linked to El-Sherbini.
El-Sherbini owns a significant 26.71-percent stake in the company, or 160,250,305 ordinary shares.
El-Sherbini owns a significant 25.5-percent stake in Integrated Diagnostics Holdings.
Integrated Diagnostics Holdings is a renowned healthcare services provider.