Tag: Egyptian Family

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Led by Egypt’s richest family, Orascom Construction to build strategic warehouse in Egypt

The billionaire Sawiris family owns 51.8 percent of Orascom Construction.

Egyptian tycoon Raouf Ghabbour’s GB Auto marks impressive profit in Q1 2022

The Ghabbour family owns a 62.9-percent stake in GB Auto.

Led by Egypt’s richest family, Orascom Construction sees profit drop 43.1 percent in Q1 2022

Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.

Wealthy Egyptian Khamis family loses $25.2 million from stake in Oriental Weavers

The family is set to earn $23.9 million in final dividends from their stake in the leading carpet manufacturer.

Led by Egyptian Khamis family, Oriental Weavers reports all-time record revenue of $725 million in 2021

Farida Khamis and other members of the Khamis family jointly control a 56.58-percent stake in the leading carpet maker.


Neal Froneman leads Sibanye to green future with wind energy deal

Neal Froneman leads Sibanye-Stillwater to a green milestone, secures wind energy deal for carbon neutrality by 2040

South African tycoon Sipho Maseko locks in $608 million to acquire Telkom stake

South African businessman Sipho Maseko secures $608 million funding for game-changing Telkom stake acquisition

Led by Kenyan banker Nasim Devji, DTB posts impressive Q1 profits of over $17 million

Diamond Trust Bank Group reports impressive Q1 profit surge of over $17 million, led by Nasim Devji's strategic leadership

Abdul Samad Rabiu’s net worth surpasses $8 billion with single-day gain of $501 million

With the latest surge of $501 million in his net worth, Abdul Samad Rabiu's year-to-date wealth gains have now reached $1.53 billion.