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The issuance marks a significant milestone for EFG Hermes, representing its fifth such issuance and the second within a pre-approved EGP2-billion ($41.8 million) program.
The recent financial setback experienced by Tazi underscores the broader challenges facing Sothema and highlights the unpredictable nature of the stock market.
This follows a decline of $83.6 million between February 27 and April 16, when her stake dropped from $401.8 million to $318.2 million.
Sawiris’ net worth currently stands at $6.53 billion, ranking him 422nd globally. This reflects a recent decline from a peak of $6.73 billion reached on April 9, 2024.
Despite this financial setback of EGP136.55 billion ($136.53 million), the El-Sewedy family remains one of Egypt’s leading billionaire families.
Despite this recent downturn, Khalil remains a notable investor in the Egyptian Exchange and continues to be recognized among the country’s wealthiest individuals.
With Ovia in charge, the fund aims to remove financial barriers hindering students’ educational ambitions.
Despite the recent decline in his stake, Seabrooke remains a prominent South African business leader and a top investor on the JSE.
Despite this setback, Ovia retains his status as Nigeria’s richest banker, underscoring his success as a leading businessman in the nation.
Berzi owns a significant 41.95-percent stake in Edita Food Industries through Quantum Invest BV.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) expects the Dangote refinery to reduce diesel prices further.
Despite these setbacks, Moustafa remains a prominent investor on the EGX and a leading figure among North Africa’s wealthiest individuals.
Despite the drop in his stake’s value, Ezz remains a prominent figure in Egyptian business and a leading investor on the Egyptian Exchange.
The Saudi unit of Hassan Allam Holding is set to oversee the civil construction, secondary infrastructure, and inground services for the prestigious Marina Hotel project.
This contrasts sharply with the $6.9-million profit he made between Feb. 14 and March 26 when the value of his I&M Bank Group stake soared from $23.47 million to $30.43 million.
Moolman’s stake in Caxton & CTP Publishers has seen a decline of $7.66 million over the last 72 days, signaling waning investor interest in Caxton on the JSE.
