Egyptian tycoon Hani Berzi’s group to inject $32.5 million for production capacity boost
The decision to allocate $32.5 million toward capacity expansion follows the group’s successful finalization of a finance agreement with the IFC.
Egyptian businessman
Egyptian businessman Hani Berzi gains $28.17 million in 20 days from Edita stake
Berzi, who founded Edita Food Industries in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer.
Egyptian tycoon Safwan Thabet’s Juhayna posts $28 million in profit in 9M 2023
Juhayna Food Industries is a prominent Egyptian dairy, juice, and cooking product manufacturer led by Safwan Thabet.
Egyptian businessman Medhat Khalil’s Raya Holding to secure $35.5-million loan
Raya Holding is in the final stages of securing a substantial loan valued at EGP1.1 billion ($35.5 million).
Egyptian mogul Safwan Thabet gains $31 million in 32 days from stake in Juhayna
One of North Africa’s leading businessmen in the consumer goods industry, Safwan Thabet owns a majority 50.07 percent stake in Juhayna Food Industries.
Egyptian businessman Hani Berzi gains $66 million from Edita stake
Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
Egyptian businessman Hani Berzi’s Edita secures $45-million loan from IFC
Under Berzi’s leadership, Edita Food Industries experienced a remarkable upswing of 92.8 percent in profits.
Egyptian mogul Khaled Mahmoud’s MM Group plans to enter Saudi Arabian market
Mahmoud owns a noteworthy 10.13-percent stake in MM Group, presently valued at nearly $15 million.
Egyptian businessman Hani Berzi loses over $12 million from Edita stake
Despite the recent slump in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Stock Exchange.
Egyptian businessman Hani Berzi’s gains $16 million from Edita stake
Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
Egyptian tycoon Medhat Khalil’s group posts half-year profits of $11.3 million
Khalil owns a controlling stake of 58.1 percent in Raya Holding, equivalent to a substantial 1,245,661,205 shares.
Egyptian businessman Hani Berzi gains $55 million from Edita stake
Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
Egyptian tycoon Hisham Talaat Moustafa’s TMG reports $50 million in half-year profit
Earlier this year, Moustafa led TMG Holding to ink a major partnership with British real estate services provider Savills.
Safwan Thabet joins high-value EGX investors with stakes surpassing $200 million
Thabet, a leading Egyptian businessman who founded Juhayna over three decades ago, owns a majority 50.07-percent stake in the company.
Hani Berzi gains $40 million, solidifying his place among Egypt’s richest investors
Berzi, who founded Edita Food Industries in 1996, owns a significant 41.95-percent stake in the consumer goods conglomerate.
Egypt Kuwait Holding, led by Egyptian businessman Sherif El-Zayat, launches $45 million factory
Sherif El-Zayat, the managing director of Egypt Kuwait Holding, revealed that the sulfuric acid factory is projected to achieve an annual production capacity of 165,000 tonnes.