Tag: Egyptian billionaires

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Egyptian billionaire Yasseen Mansour’s Palm Hills to reward shareholders with $16.7-million dividend

Mansour will receive a total payout of $835,000 from the dividend distribution.

Egypt’s Ghabbour family set to receive $13.1 million in dividends from GB Auto in 2022

The wealthy Ghabbour family holds a majority 62.9-percent stake in Ghabbour Auto.

Led by Egypt’s richest family, Orascom Construction reports profits of $125.3 million in 2021

The billionaire Sawiris family controls 51.8 percent of the Egypt-based contractor through OS Private Trust Company.

Egyptian investor Hisham Talaat Moustafa loses $12.4 million as Egyptian pound slumps

Moustafa failed to realize dollarized profits from his position.

Controversial Egyptian tycoon Ahmed Ezz to acquire stake in Egyptian Steel for $159.2 million

Ezz Steel has an annual steel production of 7 million tonnes.

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America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.

Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.

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