Moroccan tycoon Adil Douiri's stake in packaged food company nears $20 million
As Douiri's fortune rises, his strategic vision for Mutandis cements his role as a key player in Morocco's business landscape and a leader in the region's consumer goods sector.
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Ghabbour family's GB Corp stake declines by $15.6 million in 28 days
The decline follows a previous gain of $12.3 million recorded between Sept. 17 and Oct. 11, when Ghabbour family’s stake rose from $190.39 million to $202.72 million.
Ahmed Ezz’s stake in Ezz Steel nears $840 million
Ezz Steel’s scale positions it as an industry leader, surpassing competitors like Saudi Arabia’s Hadeed and Emirates Steel.
United Bank gears up for landmark IPO on Egyptian Exchange
IPO set to boost market activity, attract investments, and reinforce Egypt’s economic reforms.
Medhat Khalil loses $2.96 million from Raya Holding
Khalil holds a 17.99 percent majority stake in Raya Holding, equivalent to 385,208,477 shares.
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Kenya’s Merali family sees $2.2 million loss as Sasini Tea shares decline on NSE
This latest decline has further impacted the Merali family’s stake, reducing its value to Ksh2.54 billion ($19.63 million) as of Nov. 22.
Investec maintains $37.6 million amid UK motor finance ruling
Other lenders implicated in the case, including FirstRand and Close Brothers plc, are grappling with the fallout.
NCB Financial Group achieves record turnaround with bold profit and efficiency goals
NCB Financial Group posts remarkable financial gains under Michael Lee-Chin’s leadership, targeting sustained growth and higher shareholder returns.
Oriental Weavers achieves strong Q3 2024 results amid global market growth
Oriental Weavers reports robust revenue growth in Q3 2024, driven by international market expansion and strategic domestic initiatives.