The announcement comes hot on the heels of a pivotal meeting convened at the New Administrative Capital’s government headquarters.
Egyptian billionaire
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Egyptian tycoon Ahmed El Sewedy’s electric firm announces $22-million dividend for shareholders
This decision underscores the company’s commitment to rewarding its stakeholders for their continued support.
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Despite the drop in his stake’s value, Ezz remains a prominent figure in Egyptian business and a leading investor on the Egyptian …
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The leading Egyptian billionaire has seen his ranking on the Bloomberg Billionaires Index slip following a decline in the market value of …
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The single-digit percent surge in share price has propelled the market value of Berzi’s stake in Edita Food by EGP370.05 million ($7.78 …
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This significant increase reinforces Mansour’s position as one of Egypt’s and Africa’s billionaires, solidifying his position among the continent’s financial elites.
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Sawiris, Egypt’s second-richest person, added $130 million to his fortune over the past 17 days.
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The family’s wealth had taken a hit between March 14 and 28, with the market value of their stake tumbling EGP5.36 billion …
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Egyptian billionaire and prominent industrialist Ahmed Ezz owns 60.7 percent of Ezz Steel (or 329,816,198 shares).
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The recent surge in the share price of Adidas has bolstered Sawiris’ wealth significantly, with his stake now valued at $2.71 billion.