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Sawiris family eyes bold merger of OCI Global and Orascom Construction, creating a global infrastructure and investment powerhouse anchored in Abu Dhabi.
Egyptian billionaire Mohamed Mansour sees artificial intelligence as a key lever for Africa’s growth.
The Ghabbour family’s stake in GB Corp. has lost over $46 million in value after a sharp drop on the Egyptian Exchange.
The project aims to strengthen Egypt’s cold chain infrastructure, improve food quality, and cut waste, the companies said in a joint statement.
Naguib Sawiris nears a $10 billion fortune as gold and real estate investments fuel his rise.
Egypt Kuwait Holding’s Parenco Egypt wins North Sinai drilling rights in Cairo’s $121 million exploration deals, cementing Loay Jassim Al-Kharafi’s influence in Egypt’s energy sector.
Salwa Idrissi Akhannouch fused heritage and ambition to build Morocco’s leading luxury-retail empire—franchises, malls, beauty, and more—shaping commerce and culture alike.
Chairman Yasseen Mansour’s Palm Hills stake falls $6.55 million amid continued share pressure on the Egyptian Exchange.
Attijariwafa Bank’s $17 billion market cap surge boosts Morocco’s royal family stake past $8 billion in 2025.
Egyptian tycoons Naguib Sawiris and Hassan Allam sealed a $6.5 million social impact deal to boost education, farming, and fight poverty.
Malagasy businessman Hassanein Hiridjee’s Axian joined a $3.5 million round for Paris-based Nucleon Security to scale AI-driven cyber defense.
Orascom Construction, controlled by Egypt’s billionaire Sawiris family, began trading on Abu Dhabi’s ADX, shifting its primary listing from Nasdaq Dubai to boost growth.
Egyptian businessman Hani Berzi’s Edita stake drops $11 million after stock slide, though annual gains remain largely intact.
Algerian tycoon Abderrahmane Benhamadi’s Condor secures $80 million trade deals across Africa, boosting exports and market presence.
Egyptian billionaire Hisham Talaat Moustafa loses $59 million as Talaat Moustafa Group shares fall on the Egyptian Exchange.
Elsewedy Electric, led by Egypt’s El-Sewedy family, will invest $2.5 billion in Algeria to build new factories and expand renewable energy capacity.