Egypt’s Ghabbour family faces $13.6 million loss in GB Corp shares
The Ghabbour family holds a 63.4 percent controlling stake in GB Corp., equivalent to 688,207,000 shares.
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Waleed Zaki leads Egyptian real estate developer to $21 million profit in 2024
This strong performance came despite a decline in operating revenues, from $114.3 million to $98.64 million.
Nassef Sawiris, Egypt’s richest person, relocates to Italy over tax changes in UK
The UK's abolition of the 200-year-old tax status prompted Sawiris, Africa's fourth-richest person with a $9 billion fortune, to reconsider his options.
Ahmed Ezz’s stake in steel company nears $1 billion
This marks a rebound from the previous month, when his stake had fallen below $970 million, signaling a strong recovery in his financial position.
Ghabbour family stake in Cairo-based automaker nears $300 million
GB Corp. stock has risen 19.91% in the past five weeks, boosting the Ghabbour family’s stake value by $45.73 million.
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Samuel Dossou-Aworet-backed Tullow Oil sells oil assets to Gabonese government
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Africa’s oldest billionaire Natie Kirsh joins takeover bid for Abacus Storage King
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