Skip to content
Elsewedy Electric, led by Egypt’s billionaire El-Sewedy family, saw profit ease to $298.5 million in 9M 2025 even as revenue hit a record $4.22 billion.
Attijariwafa Bank Egypt and IFC launched a $10 million risk-sharing facility to expand SME lending, boost jobs, and support women-led businesses.
Standard Bank is launching a Cairo office on Nov. 12, strengthening Africa’s link to global capital markets.
Naguib Sawiris’ net worth dips below $10 billion as falling gold prices cut $170 million from his fortune.
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.
TMG starts work on a new Four Seasons in Giza, adding another luxury asset near the Grand Egyptian Museum as Egypt targets higher-value visitors.
Moroccan billionaire Anas Sefrioui regains $170 million as ADH shares rebound on the Casablanca Bourse.
Alami Lazraq’s stake in ADI nears $800 million as shares surge 23%, lifting investor confidence in Morocco’s booming real estate market.
Madinet Masr, led by Abdallah Sallam, unveils Park Tree Elm targeting $422 million sales and boosting Egypt’s housing market.
Located on a 4.5-acre parcel in the mountain community of Telluride, the new resort covers about 532,000 square feet.
Ahmed Ezz adds $22.46 million to his fortune as Ezz Steel shares rise on the EGX, lifting his holdings above $1 billion and reaffirming his influence.
The Ghabbour family’s GB Corp stake rebounds above $350 million as shares rally 17% on the Egyptian Exchange, restoring investor confidence in Egypt’s leading automaker.
Hani Berzi’s Edita Food acquires $6.7 million in machinery to raise capacity and strengthen its regional snack food expansion.
Egyptian billionaire Ahmed El-Sewedy’s stake in Elsewedy Electric rises by $51 million as the company’s shares climb 6.22% on the Egyptian Exchange over 23 days.
Hassan Allam Construction wins $550 million New Cairo project, boosting Egypt’s sustainable urban growth and luxury real estate.
Mansour Group, chaired by Egyptian billionaire Mohamed Mansour, will build a new Right to Dream Academy near Accra