Egyptian billionaire Mohamed Mansour breaks ground on $150 million Cairo vehicle plant
Mohamed Mansour starts work on a $150 million eco-friendly vehicle factory in Cairo to boost Egypt’s car manufacturing capacity and create thousands of jobs.
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Mohamed Mansour starts work on a $150 million eco-friendly vehicle factory in Cairo to boost Egypt’s car manufacturing capacity and create thousands of jobs.
Mansour Group, chaired by Egyptian billionaire Mohamed Mansour, will build a new Right to Dream Academy near Accra
Mansour Group to invest $150 million in two Egypt factories to boost local auto production and expand the country’s industrial footprint.
The project, announced at a ceremony with Egypt’s Prime Minister Mostafa Madbouly, supports Egypt’s goal to localize vehicle production.
Mohamed Mansour, through his leadership of Mansour Group and various strategic ventures, has built a global business empire spanning industries such as automotive, heavy machinery, food services, and sports.
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.
Egyptian billionaire Yasseen Mansour retains a 7.29-percent ownership stake in Palm Hills Development.
Mansour co-owns Mansour Group with his billionaire brothers Yasseen and Youssef Mansour, fostering a collective commitment to innovation and prosperity.
The lion’s share of Mansour’s staggering $3.6-billion fortune emanates from his stake in Mansour Group.
Mansour is the world’s 1,034th richest man.
Mansour wants 10 percent of his investments to be green-focused.
Mansou owns a sizable 5.6-percent stake in the Cairo-based real estate firm.
Mansour is the CEO of Man Capital, the private equity investment business of the Mansour Group.
Mansour controls a beneficial 4.68-percent share in Palm Hills Development.
His Al Mansour Automotive Co is the largest GM dealer in the world and the fifth-largest distributor of Caterpillar Inc.
His donation will support building a multi-faith memorial at St. Paul’s Cathedral.