Egyptian businessman Hani Berzi gains $4.8 million from Edita Food shares
Hani Berzi gains $4.7 million from his Edita Food stake as shares rise on strong earnings and renewed investor interest in Egypt.
North Africa
Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique and others
Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique, and across sub-Saharan Africa.
Egyptian billionaire El-Sewedy family’s company wins $60 million Kuwait contract
Egyptian billionaire El-Sewedy family’s Elsewedy Electric wins $60 million Kuwait contract to expand MENA infrastructure projects.
Moroccan real estate tycoon Alami Lazraq gains $43 million from ADI stake
Alami Lazraq gains $43 million in the first 9 days of 2026 as shares of ADI surge on the Casablanca Bourse.
King Mohammed VI lists late mother’s Paris homes for $35 million
Morocco’s royal family has listed three Paris area properties tied to the late Princess Lalla Latifa, drawing fresh attention to royal wealth.
Runa Alam's DPI seals $200 million exit in African banking deal
DPI founder Runa Alam scored a $200 million exit as Morocco’s BCP bought the remaining stake in Atlantic Business International.
Algerian tycoon Abderrahmane Benhamadi’s Condor enters Egyptian market under $1 billion expansion plan
Algerian Condor Group launches in Egypt, setting up local production of TVs, appliances, and air conditioners.
Egypt's Orascom Investment narrows nine-month loss as operating revenue jumps
Orascom Investment cut its nine-month loss as revenue surged, and a much stronger third quarter helped offset a weak first half.
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 billionaire Hisham Talaat Moustafa’s TMG signs $200 million South Med deal
TMG signs $200 million contract to start South Med phase with 179 lagoon-facing buildings and smart infrastructure in Egypt.
Investment firm backed by Egypt's billionaire Sawiris family in talks to acquire Bugatti stake
Sawiris-backed HOF Capital and BlueFive are in talks to buy Porsche’s Bugatti Rimac stake, with a deal valued around $1.2 billion.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan targets $5 billion financing book
Mounir Nakhla’s MNT-Halan aims to grow its financing portfolio to $4.5–5 billion by 2026, expanding consumer and SME lending across Egypt and MENA.
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.
ERC linked to Egyptian businessman Ahmed Heikal cuts $417 million debt, moves closer to dividends
ERC, part of Ahmed Heikal’s Qalaa Holdings, repays $417 million, reducing debt and moving closer to its first dividend payout.
Egyptian businessman Hani Berzi gains $27 million from Edita Foods shares
Hani Berzi’s wealth rises by $27 million as Edita Food Industries shares rally, lifting his controlling stake on Egypt’s stock exchange.
Elsewedy family firm backs Nawah Scientific’s growth in $23 million funding round
Elsewedy Electric backs Nawah Scientific in a $23 million funding round to support regional lab expansion and research services.