Orascom Construction is majority-owned by the Sawiris family through their private investment vehicle OS Private Trust Company.
Egyptian businessman
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Egyptian businessman Hisham Talaat Moustafa to pocket $5.5 million in dividends from real estate conglomerate
Moustafa is one of the richest investors on the Egyptian Exchange.
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Hassan Allam Holding is a privately owned engineering firm led by Egyptian businessman Hassan Allam.
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The company’s success is due to the devaluation of the Egyptian pound.
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Mansour’s 5.22-percent stake in Palm Hills Developments is now worth $10 million.
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Egyptian businessman Ahmed El-Sewedy set to pocket $18.9 million dividend from electric company
El-Sewedy and his siblings own 68 percent of El Sewedy Electric.
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Egyptian businessman Ahmed El Sewedy’s electric company records over $185 million in profit in 2022
El Sewedy Electric specializes in the production of electrical equipment and cables.
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Egyptian mogul Medhat Khalil’s Raya Holding signs deal to expand entrepreneurship support programs
Raya Holding is an Egyptian investment conglomerate formed in 1999 by the merger of entities owned by Khalil and Orascom Group.
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This can be directly linked to the devaluation of the Egyptian pound, which has made the country’s real estate market more attractive.
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Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.