Hani Berzi's Edita Foods stake drops by more than $130 million
The decline stems from a steep fall in the company’s share price on the Egyptian Exchange (EGX) and the sharp devaluation of the Egyptian pound.
Hani Berzi
Hani Berzi’s Edita Foods stake drops $11.6 million
Despite Edita's leading position in Egypt’s packaged snack market, its shares on the EGX have slipped into year-to-date losses.
Hani Berzi’s stake in Egypt’s packaged food company surges above $190 million
Over the past 15 days, Berzi's stake has surged by EGP823.77 million ($16.92 million), increasing the market value of his holdings above $190 million.
Egyptian tycoon Hani Berzi’s Edita Foods stake declines by $9.3 million
Hani Berzi’s fortune dips by over $9 million as Edita Foods shares slide.
Egyptian tycoon Hani Berzi takes $15.8-million hit in Edita stake
This setback follows earlier gains made between May 14 and 27, when the value of Berzi’s stake surged by $17.18 million.
Egyptian tycoon Hani Berzi loses $6 million from Edita stake
Despite the recent decline in the market value of his stake, Berzi remains a prominent investor on the Egyptian Stock Exchange.
Egyptian tycoon Hani Berzi’s stake in Edita Foods gains $11 million in 9 days
The significant increase in the market value of Berzi’s stake in Edita Food Industries further solidifies his position as one of the richest individuals in Egypt.
Egyptian tycoon Hani Berzi loses over $21 million from Edita stake in just 9 days
Berzi owns a significant 41.95-percent stake in Edita Food Industries through Quantum Invest BV.
Egyptian tycoon Hani Berzi makes $7.7 million from Edita Foods in just 11 days
The single-digit percent surge in share price has propelled the market value of Berzi’s stake in Edita Food by EGP370.05 million ($7.78 million).
Egyptian tycoon Hani Berzi loses $207 million amid devaluation and share dip
Despite the recent decline in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Exchange.
Hani Berzi’s Edita goes digital with Fawry to facilitate cashless collections
Founded by Berzi in 1996, Edita Food Industries has established itself as a key player in Egypt’s food industry 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 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 tycoon Hani Berzi loses nearly $18 million from Edita stake
Berzi, who founded the consumer goods conglomerate in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.