Despite the recent decline in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Exchange.
Egyptian Exchange
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Despite this significant downturn, Ezz remains a top figure in Egypt’s business landscape.
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His stake, which translates to a total of 329,816,198 shares in the steel giant, has solidified his position among the richest investors …
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This upswing solidifies their position as one of Egypt’s wealthiest families and prominent investors on the Egyptian Exchange.
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Mansour owns a sizable 5.6-percent stake in the Cairo-based real estate firm.
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Berzi — who founded the consumer goods conglomerate in 1996 and serves as chairman and managing director — owns a significant 41.95-percent …
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Prior to the transaction, Ezz held a commanding 60.71-percent stake.
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Raya Holding is in the final stages of securing a substantial loan valued at EGP1.1 billion ($35.5 million).
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The decline in Raya Holding’s shares and the resulting impact on Khalil’s net worth underscores the challenges investors face amid the current …
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The acquisition comes as no surprise, given TAQA Arabia’s remarkable growth under the leadership of Kafafi.