The El-Sewedy family owns a 68-percent stake in Elsewedy Electric.
Egyptian pound
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The devaluation of the pound may have a significant impact on the economy and on the net worth of Egyptian billionaires.
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Egyptian businessman Hisham Talaat Moustafa’s TMG sets new sales record with $1.34 billion in 2022
The Talaat Moustafa family’s stake in TMG Holdings is now worth $364.4 million.
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Ezz owns 60.7 percent of Ezz Steel.