Mohammed VI's sisters expand property empire with Delano Marrakech deal and French land
The three sisters of Morocco's king are deepening property bets, from a Delano hotel in Marrakech to French supermarket land.
Real Estate
Egyptian billionaire Samih Sawiris' Orascom Development secures $356 million loan for Cairo mega-project
Orascom Development Egypt, founded by Samih Sawris, has secured a $356 million syndicated loan from three top Egyptian banks to accelerate its O West project.
Koos Bekker has spent $334m to take over a Somerset town and residents are demanding a boycott
South African billionaire Koos Bekker has spent $334m buying up a Somerset town's businesses and properties, triggering a boycott campaign against his empire.
Nigerian-born Hakeem Olajuwon built a $300 million fortune without ever borrowing a dollar
Hakeem Olajuwon left Lagos as a teenage goalkeeper, became the NBA's best center, then built a $300 million fortune refusing to borrow a cent.
Kanye West’s onetime estate listed for just under $17 million
Kanye West’s former Hidden Hills estate returns as a rebuilt 11,000-sq-ft ranch listed for just under $17 million.
Top 10 richest real estate tycoons in Egypt
Real estate tycoons like Naguib Sawiris and Hisham Talaat Moustafa are shaping Egypt’s skyline with multi-billion-dollar luxury and mixed-use developments.
Top 10 South African businessmen driving change in real estate
From thriving city centers to expanding suburban areas, demand for both residential and commercial properties is growing steadily.
Egyptian businessman Hisham Talaat Moustafa’s group pledges $167 million toward community development
Hisham Talaat Moustafa holds a 43.16-percent stake in the group.
Dr. Dre sells Calabasas mansion for $6 million
The home boasts six bedrooms and seven baths.
Led by Egyptian magnate Abdallah Sallam, MNHD to execute $77.2 million construction works in Cairo
Sallam controls a five-percent stake in MNHD.
Court of Appeal blocks sale of real estate assets owned by Ugandan magnate Patrick Bitature
The decision comes at a crucial time for Bitature.
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?