Egyptian tycoon Safwan Thabet gains $40 million as Juhayna shares rebound
TMG signs $200 million contract to start South Med phase with 179 lagoon-facing buildings and smart infrastructure in Egypt.
Egyptian tycoon
Egyptian tycoon Abdallah Sallam's Madinet Masr signs $30 million deal for Sarai project
Madinet Masr, led by Egyptian tycoon Abdallah Sallam, has signed a $30.4 million construction deal to build 95 villas at its Sarai project in East Cairo by 2027.
Egyptian tycoon Hassan Allam's firm wins $250 million Afreximbank headquarters contract
Hassan Allam Construction secures a $250 million deal to build Afreximbank’s new global headquarters in Egypt’s capital.
Edita, led by Egyptian tycoon Hani Berzi, plans $84 million expansion
Edita Food Industries, led by Hani Berzi, plans $84 million expansion to boost production in Egypt, Iraq, and Morocco.
Egyptian tycoon Hani Berzi’s Edita posts $312 million in nine-month revenue
Edita posted $312 million in revenue for the first nine months of 2025, up 24%, with net profit rising 38% as exports and product innovation fuel growth.
Madinet Masr, led by Egyptian tycoon Abdallah Sallam, targets $422 million sales from Park Tree Elm
Madinet Masr, led by Abdallah Sallam, unveils Park Tree Elm targeting $422 million sales and boosting Egypt’s housing market.
Egyptian tycoon Hani Berzi's Edita Food plans $6.7 million acquisition
Hani Berzi’s Edita Food acquires $6.7 million in machinery to raise capacity and strengthen its regional snack food expansion.
Egyptian tycoon Hassan Allam’s group wins $550 million New Cairo project
Hassan Allam Construction wins $550 million New Cairo project, boosting Egypt’s sustainable urban growth and luxury real estate.
Egyptian tycoon Safwan Thabet gains $40 million as Juhayna shares rebound
Safwan Thabet’s Juhayna stake rises $40 million as shares rebound, boosting the Egyptian consumer goods leader’s market value.
Egyptian tycoon Hani Berzi loses $11 million on Edita stake
Egyptian businessman Hani Berzi’s Edita stake drops $11 million after stock slide, though annual gains remain largely intact.
Egyptian tycoon Abdallah Sallam’s Madinet launches $370 million SAFE fund
Egyptian tycoon Abdallah Sallam’s Madinet wins FRA nod for its $370 million SAFE fund, a fractional real estate platform with 70,000 users.
Egyptian tycoon Hassan Allam's group wins major Oman water infrastructure contract
The project highlights the company’s expanding presence in international infrastructure projects.
Egyptian tycoon Medhat Khalil’s Raya bids $31.7 million to tighten grip on outsourcing arm
Raya Holding moves to lift stake in outsourcing arm RAYA CX to 90 percent with $31.7 million tender offer as the unit posts stronger profit growth.
Egyptian tycoon Abdallah Sallam’s Madinet posts $26.4 million profit in H1 2025
Madinet Masr, led by Abdallah Sallam, posted $26.4 million profit in H1 2025, down 11.9%, as rising costs hit margins despite record sales and revenue growth.
Egyptian tycoon Waleed Zaki’s Pioneers Properties profit drops 82% in first half of 2025
Egyptian businessman Waleed Zaki reports Pioneers Properties profit down 82% in early 2025, as costs offset revenue growth.
Egyptian tycoon Ahmed El-Sewedy loses $65 million on Elsewedy Electric stake
Ahmed El-Sewedy loses $65 million as Elsewedy Electric shares drop, reflecting market caution.