Sue Nabi’s beauty giant stake loses $150 million as shares decline
Despite 2024 setbacks, the beauty sector offers long-term growth potential, with Nabi's leadership crucial for Coty’s recovery.
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Hassan Allam Construction lands Oman contract, strengthens regional reach
The firm will carry out refurbishment and construction work for the Al Ghubrah Pumping Station in Muscat, Oman.
Orascom reports $2.32-billion revenue amid MENA slowdown
Orascom posted $2.32 billion in revenue, a slight decline of 1.92 percent from $2.37 billion in the same period last year.
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.
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Cassava Technologies partners with eFinance to drive Africa's digital transformation
The partnership seeks to advance technological innovation across Africa, with an emphasis on enhancing financial inclusion and fostering innovation in the MENA region.
Letshego secures $15.8 million loan from Proparco for Botswana expansion
The funding aims to advance Letshego’s mission of delivering inclusive financial solutions across Botswana.
MTN partners with ODC to revolutionize Africa's telecom landscape
This alliance will focus on developing Open RAN (ORAN) solutions tailored to Africa’s diverse telecommunications needs.
Jens Montanana's stake in Datatec jumps by $6 million
Datatec founder Jens Montanana sees $6 million boost, tech company's performance drives investor confidence.