Sabry, who founded Fawry in 2008 and pioneered electronic bill payments in Egypt, owns 2.345 percent of the fintech firm.
Egyptian Stock Exchange
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Ezz holds a majority 60.7-percent stake in Ezz Steel, or 329,816,198 shares.
- North Africa
Egyptian tycoon Hisham Talaat Moustafa’s TMG shines with Q1 2023 profit exceeding $20 million
Moustafa, who owns a 43.16-percent stake in TMG Holding, is recognized as one of the richest investors on the Egyptian Exchange.
- Hot News
Egyptian billionaire Ahmed Ezz’s fortune skyrockets by $48 million in 2023 thanks to Ezz Steel stake
Ezz owns a majority stake of 60.7 percent in Ezz Steel.
- Hot News
UAE’s largest bank, FAB, has withdrawn its offer for majority stake in Karim Awad’s EFG Hermes
The disclosure comes two months after the bank announced its plan to acquire a 51-percent stake in EFG Hermes Holding.
- Hot News
Ashraf Sabry’s Fawry gains $53 million in single day after seeing over $123.4 million in block deals
Fawry is one of Africa’s leading fintech companies.
- Hot News
Egyptian billionaire Yasseen Mansour’s Palm Hills to reward shareholders with $16.7-million dividend
Mansour will receive a total payout of $835,000 from the dividend distribution.
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Moustafa failed to realize dollarized profits from his position.
- Hot News
Egyptian billionaire Yasseen Mansour’s Palm Hills reports $54.5 million in profit in 2021
The group’s market capitalization is valued at $284.57 million.
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The El-Sewedy family owns 68 percent of the electric company, or 1,478,689,860 shares.