Sawiris family moves to expand further in Egypt’s gold sector
A deal between AKH Gold and Egypt’s Petroleum and Mineral Resources Ministry will increase the Sawiris’ stake in the gold sector.
North Africa
$200-million stock deal deepens Sawiris family interest in global gold market
La Mancha Holdings announced the closing of a $159-million subscription to the shares of Endeavour Mining Corporation.
Mohamed Frikha’s Syphax Airlines partners with local aviation firm to provide online pilot training
The training will help update its pilots’ skills and provide a better customer experience.
Nigeria to commission $1.3-billion fertilizer plant with Morocco
The plant will facilitate fertilizer production using gas reserves, improve Nigerian agriculture and enhance bilateral trade between the countries.
Mark Cuban invests in Morocco’s tech sector as ties with Israel restored
U.S. billionaire Mark Cuban is making moves to invest in Morocco’s emerging fintech sector.
Egyptian real estate tycoons keep busy during COVID-19 pandemic
Ever wonder what your favorite Egyptian real estate billionaires have been up to during the COVID-19 pandemic?