Egyptian businessman Hani Berzi to pocket $6.9 million dividend
This payout, which more than double what he received last year, underscores Edita’s strong financial position and its commitment to rewarding shareholders.
Egyptian businessman
Safwan Thabet's stake in Juhayna drops by $65 million
Juhayna shares have plunged over 18% in six weeks, wiping over $65 million from Egyptian businessman Safwan Thabet’s stake.
Egyptian businessman Hani Berzi's Edita Food Industries to raise capital by $2.76 million
Edita Food Industries plans a $2.76 million capital boost via retained earnings, doubling issued capital to $5.53 million as part of its regional expansion strategy.
Egyptian businessman Hisham Talaat Moustafa gains $54 million as TMG stock rises
The recovery follows a sharp decline between Jan. 1 and Feb. 7, when the market value of his stake dropped by EGP 2.84 billion ($56.48 million).
Edita, led by Egyptian businessman Hani Berzi, sees profits slip below $30 million on rising costs
While revenue surged, higher operational costs and currency devaluation cut into profits, pushing earnings below the previous year’s $30 million benchmark.
Egyptian businessman Mohammed El-Sewedy's stake in electric giant surges by $45 million
Since the start of the year, the value of his holding has risen by $45.8 million, fueled by a strong rally in the company’s stock on the EGX.
Egyptian businessman Ahmed El-Sewedy’s electric firm launches telecom cables factory
The facility marks a major step in expanding Egypt’s telecom infrastructure and solidifying the country’s position as a regional manufacturing hub.
Egyptian businessman Ahmed El-Sewedy’s stake in Elsewedy Electric surges past $870 million
This recent surge adds to an impressive $304 million gain in 2024.
Egyptian tycoon Hani Berzi sees $4.4 million loss in Edita Food shares
The company’s stock suffered a downturn on the Egyptian Exchange (EGX), reflecting the ongoing challenges in Egypt’s snack food market.
Hani Berzi's Edita Foods stake drops by more than $130 million
The decline stems from a steep fall in the company’s share price on the Egyptian Exchange (EGX) and the sharp devaluation of the Egyptian pound.
Abdallah Sallam’s Madinet Masr signs $11.6 million deal for development project
This partnership underscores the company’s strategic focus on expanding its presence in Egypt’s high-growth real estate market through key collaborations.
Egyptian businessman Mohammed Elsewedy's stake in electric giant exceeds $770 million
Elsewedy, who serves as the company's vice president, holds a 17.76-percent stake —equivalent to 385.6 million ordinary shares.
