Egyptian billionaire Mohamed Mansour set to buy Major League Soccer team for $500 million
Mansour oversees Mansour Group, a family conglomerate, and has a net worth of $3.6 billion.
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Mansour oversees Mansour Group, a family conglomerate, and has a net worth of $3.6 billion.
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.
These billionaires hold 6.1 percent of the country’s total private wealth.
Mansour stated that the company is honored to be working on its first-ever green hydrogen project.
Mansour wants 10 percent of his investments to be green-focused.
The group is pushing to sustain its expansion and growth trajectory in the renewable energy industry.
Infinity is Egypt’s only dedicated renewable energy solutions provider.
His Al Mansour Automotive Co is the largest GM dealer in the world and the fifth-largest distributor of Caterpillar Inc.
Following the latest funding round, the company has a pre-money valuation of $90 million.
The board will serve as the UK government’s foreign investment advisory body to Egypt.