Egyptian tycoon Medhat Khalil’s stake in Raya Holding surges by $21.1 million
Egyptian businessman Medhat Khalil, the founder and chairman of Raya Holding holds a majority stake of 58.1 percent in the Cairo-based investment conglomerate
Egyptian tycoon
Egyptian tycoon Hassan Allam’s group expands presence with Riyadh headquarters
The inauguration of the Riyadh headquarters marks a significant milestone in Hassan Allam Holding’s international expansion.
Egyptian tycoon Safwan Thabet’s Juhayna unveils ambitious export expansion plans
Established nearly four decades ago by Thabet, Juhayna has become a significant player in the region’s consumer goods industry.
Egyptian tycoon Hassan Allam’s firm forms strategic partnership with Saudi real estate giant Sumou
The collaboration aims to promote cooperation between the two companies for the development of high-quality real estate projects in Saudi Arabia and Egypt.
Egyptian tycoon Ashraf Sabry’s Fawry and LA Market join forces to boost local businesses
Fawry, with esteemed shareholders including the National Bank of Egypt and Banque Misr, has positioned itself as a key player in Africa’s fintech landscape.
Egyptian tycoon Hani Berzi rakes in $28 million in 5 days from Edita stake
Berzi holds a 41.95-percent stake, equivalent to 303,323,015 ordinary shares in the Egyptian consumer goods giant, facilitated by Quantum Invest BV.
Egyptian tycoon Hisham Talaat Moustafa’s TMG secures stake in newly established Legacy Hospitality
The recent acquisition aligns with TMG’s strategy to maximize recurring income activities, enhance foreign currency resources, and create spare liquidity for future dividends.
Egyptian tycoon Hani Berzi rakes in $33 million in nine days from Edita stake
Berzi established the conglomerate in 1996 and presently holds a substantial 41.95-percent stake, equivalent to 303,323,015 ordinary shares, via Quantum Invest BV.
Egyptian businessman Medhat Khalil loses $28.6 million from Raya Holding stake
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares in the group.
Egyptian tycoon Medhat Khalil gains nearly $23 million in just five days
The recent surge solidifies his position as one of the high-value investors on the Egyptian Exchange and one of the country’s wealthiest individuals.
Egyptian tycoon Hassan Allam’s firm secures $75-million investment from EBRD
Under the leadership of Allam, Hassan Allam Holding has been making strides in the engineering and construction sectors for more than eight decades.
Egyptian tycoon Medhat Khalil’s gains $37.8 million from Raya Holding
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares.
Egyptian tycoon Hani Berzi rakes in $13.7 million in eight days from Edita stake
Berzi — who founded the consumer goods conglomerate in 1996 and serves as chairman and managing director — owns a significant 41.95-percent stake in Edita.
Egyptian tycoon Hisham Talaat Moustafa’s group acquires stake in Legacy Hotels
Founded in 1974, TMG has become a top player in Egypt’s real estate landscape.
Fintech tycoon Ashraf Sabry’s Fawry and POS Mission link up to boost Egypt’s hospitality sector
Founded in 2008 by Sabry — its CEO — Fawry has become a leading Egyptian e-bill payment platform.
Egyptian tycoon Medhat Khalil’s Raya Holdings to launch IPO for IT subsidiary in 2024
Executives within Raya Holding emphasized that the IPO is designed to provide potential investors with an opportunity to acquire a stake in Raya Information Technology.