Hend El-Sherbini’s IDH hit by profit decline, sees earnings dip below $18 million
El-Sherbini owns a significant 25.5-percent stake in Integrated Diagnostics Holdings.
North Africa
Ahmed Ezz’s steel firm beats profit expectations, rakes in over $210 million
Ezz owns a controlling 60.7-percent stake in Ezz Steel.
Anas Sefrioui’s ADH rebounds strongly as profits surpass $3.6 million in 2022
Sefrioui owns a controlling 64.1-percent stake in Douja Promotion Groupe Addoha.
Safwan Thabet’s Juhayna smashes expectations with $20-million profit
Juhayna Food Industries is majority-owned by renowned Egyptian businessman Safwan Thabet.
Egyptian billionaire Naguib Sawiris’ net worth skyrockets to $5.8 billion
Sawiris predominantly holds his wealth in cash and closely held assets.
Moroccan tycoon Lamia Tazi set to receive $1.48-million dividend
Tazi holds a substantial 8.4-percent stake in Morocco’s leading healthcare company, Sothema, or 605,030 shares.
Egyptian tycoon Hassan Allam’s firm bags construction contract for Rosewood Amaala project in Saudi Arabia
With a construction backlog of $2.8 billion, Hassan Allam Holding has established itself as a key player in the construction industry.
Orascom Construction, led by Sawiris family, achieves major milestone in Egypt as part of consortium
Orascom Construction is 51.8 percent owned by the Sawiris family.
Moroccan businesswoman Lamia Tazi’s Sothema records over $27 million in profit in 2022
Tazi owns a significant 8.4-percent stake in Sothema.
Tunisian businessman Habib Essayeh suffers $5.9-million setback due to decline in Euro-Cycles shares
Essayeh owns a significant 33.6-percent stake in Euro-Cycles S.A.
Egyptian billionaire Nassef Sawiris, partner inject $25 million into Aston Villa
The cash is interest-free and likely to be used to fund day-to-day operational activities.
Moroccan billionaire Aziz Akhannouch suffers $400-million net worth drop in first quarter of 2023
The decline in Akhannouch’s net worth can be linked to his shares in Afriquia Gaz SA.
OneTech share dip costs Tunisian businessman Moncef Sellami $2.6 million
Sellami holds a significant 25.4-percent stake in the Tunis-based semiconductor supplier.
Led by Egyptian Ghabbour family, GB Auto gets green light to rebrand as ‘GB Corp’
The Ghabbour family owns a 62.9-percent stake in GB Auto.
Moroccan tech tycoon Hassane Amor’s Microdata posts $4.1 million in profit in 2022
Amor holds a 56.17-percent stake in the company.
Moroccan tech tycoon Karim Benjelloun makes over $1 million from recent surge in DISWAY shares
Benjelloun, the founder and general manager of Disway, owns 7.36 percent of the company’s total equity,