Egyptian tycoon Ahmed Ezz gains $69 million within three weeks
Ezz owns 60.7 percent of Ezz Steel, making him one of the richest investors on the Egyptian Exchange and one of Egypt’s wealthiest men.
Egyptian tycoon
Egyptian fintech founder Ashraf Sabry gains $1.3 million from Fawry stake
Sabry, who launched the payment platform in 2008 and pioneered electronic bill payments in Egypt, controls 2.345 percent of Fawry.
Egyptian tycoon Medhat Khalil suffers staggering $41.5-million loss in 2023
The decline in Raya Holding’s shares and the resulting impact on Khalil’s net worth underscores the challenges investors face amid the current economic climate.
TAQA Arabia, led by Egyptian exec Pakinam Kafafi, sees $120-million block trading deal after listing
Kafafi, who is one of North Africa’s leading businesswomen, has played a pivotal role in TAQA’s growth.
Egyptian tycoon Mostafa Kandil’s SWVL regains compliance with Nasdaq’s audit committee requirements
SWVL Holdings Corp is a global provider of tech-enabled mass transit solutions.
Egyptian tycoon Medhat Khalil’s Raya Foods considers offers to boost capital by $11.3 million
Raya Foods is a subsidiary of Raya Holdings, the investment group founded by Khalil.
Egyptian tycoon Hani Berzi’s Edita unveils $25.9-million investment plan to dominate regional market
Founded by Berzi in 1996, Edita is renowned as a market leader in Egypt’s flourishing packaged snack food market.
Egyptian tycoon Ahmed El-Sewedy’s fortune soars as stake in electric company approaches $1 billion
El-Sewedy, alongside his siblings Sadek and Mohammed, collectively owns 68 percent of the company.
Consortium comprising Egyptian tycoon Hassan Allam’s firm secures land for $10-billion project
Hassan Allam Holding, led by Allam and his brother Amr, is one of the largest privately held corporations in Egypt.
Ahmed El-Sewedy’s ed-tech firm prepares to launch educational institution in Egypt
Under El-Sewedy’s leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.
Egyptian tycoon Hani Berzi’s Edita records impressive $12.9 million in profit in Q1 2023
Berzi’s Edita Food Industries surges with $12.9 million in profit in Q1 2023, boosting investor confidence.
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.
Egyptian tycoon Mostafa Kandil’s SWVL faces compliance issues with Nasdaq
SWVL Holdings Corp is a global provider of tech-enabled mass transit solutions.
Egyptian tycoon Hassan Allam’s firm to launch integrated logistics platform
Hassan Allam Utilities is an arm of the privately-owned engineering firm, Hassan Allam Holding.
Egyptian tycoon Hassan Allam’s firm set to develop world-class logistics parks in Egypt
Hassan Allam Holding is a privately owned engineering firm led by Egyptian businessman Hassan Allam.
Egyptian tycoon Medhat Khalil loses $10 million as Raya Holdings’ profits tumble below $14 million in 2022
Raya Holdings is an investment group.