Led by Egyptian tycoon Yasmine Khamis, Oriental Weavers’ profit dives below $31 million in 2022
Oriental Weavers is a leading carpet manufacturer and distributor.
Egyptian tycoon
Egyptian tycoon Ashraf Sabry’s Fawry joins forces with Taiwanese tech giant for seamless payment solutions
Fawry is a leading fintech company.
Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.
Rolaco boosts interest in Egyptian tycoon Khaled Mahmoud’s group with 1.46 million shares
MM Group has successfully expanded its distribution network to cover more than 40,000 points of sale in Egypt.
Egyptian businessman Hisham Talaat Moustafa’s group pledges $167 million toward community development
Hisham Talaat Moustafa holds a 43.16-percent stake in the group.
Egyptian tycoon Safwan Thabet and son freed after two years of detention
Thabet is a well-known Egyptian businessman who founded and previously led Juhayna Food Industries.
GB Corp emerges as cohesive entity, honoring legacy of late Egyptian tycoon Raouf Ghabbour
The rebranding efforts follow the passing of Ghabbour.
Egyptian tycoon Ahmed El Sewedy’s electric company to set up new firm in Saudi Arabia
El Sewedy Electric was founded in 1938 by the El Sewedy family.
Egyptian tycoon Ahmed El Sewedy’s electric company denies arranging $254-million credit facility
El Sewedy Electric is one of the leading players in Egypt’s electrical equipment manufacturing industry.
Egyptian businesswoman Hend El-Sherbini’s IDH to roll out three new scan centers in 2023
El-Sherbini explained that the ramp-up strategy will create added value for IDH.
Egyptian tycoon Hend El-Sherbini’s IDH launches sixth Al-Borg Scan branch in Cairo
El-Sherbini controls a 26.1-percent stake in the group.
Egyptian tycoon Ahmed El Sewedy-led El Sewedy Electric to secure $102.5-million credit facilities from seven banks
The announcement follows the receipt of a $150-million loan from the International Finance Corporation.
Egyptian tycoon Ahmed El Sewedy’s electric company signs $21.5-million contract with EIPICO
The contract for the construction of EIPICO Factory 3 was signed through Rowad Modern Engineering.
Egyptian tycoon Hend El-Sherbini’s IDH posts lower profits amid slowdown in COVID-19-related business
El-Sherbini controls a significant 26.1-percent stake in Integrated Diagnostics Holdings.
Egyptian tycoon Ahmed El Sewedy’s electric firm signs contracts worth $113 million to execute Toshka Project
El Sewedy Electric is a multinational manufacturer of cables and electrical equipment.
Egyptian tycoon Ahmed El Sewedy’s electric firm signs deal to operate high-speed network projects in Egypt
The firm will collaborate with Germany’s Deutsche Bahn International Operation on the project.