Nassef Sawiris approaches $10-billion net worth: Key companies driving his wealth
Egyptian billionaire Nassef Sawiris' net worth nears $10 billion, up $1.26 billion this year, thanks to strong performance in OCI and Adidas stocks.
Egyptian billionaire Nassef Sawiris' net worth nears $10 billion, up $1.26 billion this year, thanks to strong performance in OCI and Adidas stocks.
A U.S. federal court has ordered Mmobuosi to pay over $250 million in fines and barred him from serving as a director of any public company.
The $20 billion refinery recently completed a critical test run of its 650,000 barrels-per-day capacity, a significant step towards the official market rollout.
Orascom Development Egypt sells commercial property in O West to Seoudi Supermarket for EGP332 million ($6.8 million).
South African tech mogul Zak Calisto's fortune surges by $65 million amid Karooooo's market rally
IDH's core markets of Egypt and Jordan demonstrated strong performance, highlighting resilience despite regional challenges.
Dossou-Aworet leads Petrolin Group, a powerhouse in Africa's oil and gas sector, where he has brokered landmark deals and investments since 1992.
The decision to exit China underscores the increasing pressures faced by luxury retailers in the world’s second-largest economy.
Despite challenges, Dangote Sugar aims to leverage the funds raised from the Notes to meet its operational and growth objectives.
This surge follows a previous increase of EGP5.28 billion ($113.13 million) between May 12 and 21.
The legal battle continues as dos Santos seeks to overturn the freezing order and address the charges against her.
This cements Tshepo Mahloele’s position as a prominent investor on the JSE and a leading figure in South African banking.
DRC’s liberalized insurance sector, valued at $300 million in 2023, presents substantial growth prospects for Britam Holdings.
Laurie Dippenaar currently holds a 1.76-percent stake in FirstRand, amounting to 98,726,988 shares, making him one of South Africa’s leading investors.
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved the bank’s $26.3 million rights issue.
The capital raise, aimed at generating N500 billion ($329.5 million) through the issuance of ordinary shares, underscores GTCO’s strategy to bolster its technological infrastructure