North Africa

Egyptian billionaire Mohamed Mansour set to buy Major League Soccer team for $500 million

Mansour oversees Mansour Group, a family conglomerate, and has a net worth of $3.6 billion.

Adidas share price slump costs Egypt’s richest man $300 million in a single week

Sawiris remains the richest man in Egypt and the Arab world.

Led by wealthy Khamis family of Egypt, Oriental Weavers’ profit surges 74 percent y-o-y in Q1 2023

Egyptian businesswoman Yasmine Mohamed Khamis and other Khamis family members own a 56.58-percent controlling interest in Oriental Weavers.

Egyptian billionaire Yasseen Mansour gains $2.2 million from real estate firm

Mansour sees gains from stake in Palm Hills Developments, with shares increasing by 20.86 percent.

Egyptian billionaire Naguib Sawiris supports brother’s decision to relocate investments to Saudi Arabia

Naguib Sawiris has defended his brother Samih's statements on the difficulty of doing business in Egypt.