North Africa

Led by Egyptian Ghabbour family, GB Corp’s Q1 2023 profits slump below $3.5 million

The Ghabbour family holds a 62.9-percent stake in GB Corp, solidifying their position as one of the wealthiest families in Egypt.

Algeria’s richest man Issad Rebrab banned from engaging in any business or management activity

Rebrab, former CEO of Cevital Group, was placed on May 18 under judicial control by the public prosecutor at the Sidi M'Hamed court.

Egyptian banker Karim Awad drives EFG Hermes to success: Q1 profits exceed $30 million

The group’s impressive financial performance underscores its position as a leading financial institution in the region.

Egyptian billionaire Mohamed Mansour makes historic $6.2-million donation to UK Conservative Party

The contribution marks the largest individual donation received by the party in the past two decades.