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Oriental Weavers posted Q1 2026 revenue of EGP 6.9 billion ($130.3 million) and net profit of EGP 614 million ($11.6 million) as the world's largest machine-woven carpet maker finds its footing.
Egypt's Oriental Weavers Carpets will pay EGP 997.66 million ($18.3 million) in dividends for 2025, starting May 2026, as the world's largest carpet maker held profit nearly flat on record revenue.
Egyptian businesswoman Yasmine Mohamed Khamis and her siblings own a controlling interest of 56.58 percent of the leading carpet manufacturer.
Oriental Weavers operates under the leadership of Egyptian businesswoman Yasmine Mohamed Farid Khamis.
The family is set to earn $23.9 million in final dividends from their stake in the leading carpet manufacturer.
Farida Khamis and other members of the Khamis family jointly control a 56.58-percent stake in the leading carpet maker.
The Khamis family currently holds a 56.58-percent majority stake in the carpet company.