Egyptian billionaire Ahmed Ezz’s steel group posts $460-million profit in H1 2024
This marks a substantial recovery from the loss the company recorded during the same period in 2023.
This marks a substantial recovery from the loss the company recorded during the same period in 2023.
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
Egypt’s second-richest man Naguib Sawiris to sell coastal property amid investment expansion.
Egyptian billionaire Nassef Sawiris' net worth nears $10 billion, up $1.26 billion this year, thanks to strong performance in OCI and Adidas stocks.
Orascom Development Egypt sells commercial property in O West to Seoudi Supermarket for EGP332 million ($6.8 million).