Egypt’s Khamis family loses $15 million as Oriental Weavers stock declines
Oriental Weavers shares fall 18% in 2025, cutting $15 million from the Khamis family’s $170 million stake.
Egypt’s Khamis family
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.
Khamis family's stake in Oriental Weavers falls by $17 million
According to data tracked by Billionaires.Africa, the family’s stake has declined by EGP873.06 million ($17.09 million) since Feb. 4.
Egyptian billionaire Khamis family’s stake in Oriental Weavers tops $200 million
Since the start of 2025, their shares have increased by $13.32 million, bringing the market value to $200.36 million.
Egypt’s wealthy Khamis family stake in Oriental Weavers declines by $17.1 million
The market value of their stake in Oriental Weavers has dropped by more than $17 million, due to the sharp devaluation of the Egyptian pound.
Khamis family faces nearly $10-million loss from Oriental Weavers stake
The Khamis family's shares in Oriental Weavers have dropped nearly $10 million due to recent selling pressures on the EGX.
Egypt’s multimillionaire Khamis family gains $14.8 million from Oriental Weaver stake
This recent surge further solidifies the Khamis family’s position as leading investors on the Egyptian Exchange.
Egypt’s Khamis family gains $18.8 million from Oriental Weavers stake
This increase is fueled by heightened investor interest in the Cairo-based company on the Egyptian Exchange.
Egypt’s Khamis family gains $38.7 million from Oriental Weavers stake
The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
Egypt’s Khamis family loses $19.2 million in 17 days from Oriental Weavers’ stake
Oriental Weavers shares slump 8.29 percent, resulting in losses for shareholders, including the Khamis family.
Egypt’s Khamis family rakes in $21.3 million from Oriental Weavers’s stake
Khamis family’s wealth surge as joint shares in Oriental Weavers increase by $21.3 million in just 69 days, driven by a double-digit jump in stock price.