Egyptian brothers, Ahmed and Sadek El-Sewedy, emerge as Egypt’s newest billionaires
The rise in the El-Sewedy brothers' fortunes is attributed to an 80.6-percent increase in Elsewedy Electric's share price.

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Vikesh Ramsunder: The South African leading Australian pharma giant
South African executive Vikesh Ramsunder leads $20 billion Sigma Healthcare, driving its turnaround following a transformative merger.

JP Morgan acquires additional shares in Bernard Berson-led Bidcorp
JP Morgan, the world’s largest bank by market capitalization, buys additional shares worth $290 million in Bernard Berson-led Bidcorp.

Safwan Thabet's stake in Juhayna drops by $65 million
Juhayna shares have plunged over 18% in six weeks, wiping over $65 million from Egyptian businessman Safwan Thabet’s stake.

Pascal Dozie, founder of defunct Diamond Bank, dies at 86
Dozie founded Diamond Bank in 1990, growing it into a major player before its acquisition by Access Holdings in 2018.