Khamis family’s Oriental Weavers stake nears $200 million again despite Egyptian pound devaluation.
Khamis family
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The recent $27-million surge follows a previous gain of $11.23 million recorded between May 30 and June 6.
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Egypt’s multimillionaire Khamis family gains $8.3 million from Oriental Weavers stake
While the Khamis family’s stake has soared recently, investors seeking to emulate their success through Oriental Weavers shares should exercise caution.
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Despite recent financial headwinds stemming from the Egyptian pound’s devaluation, the Khamis family remains among the country’s most affluent and prominent investors.
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Despite the recent $69 million decline in the market value of their stake, the family maintains their position among Egypt’s wealthiest families …
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The Khamis family, one of Egypt’s wealthiest families, presently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a …
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Khamis family’s wealth surge as joint shares in Oriental Weavers increase by $21.3 million in just 69 days, driven by a double-digit …
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The Khamis family, Egyptian multimillionaires, holds a majority stake of 56.58 percent in the company, which distributes its products in Oriental Weavers.
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The market value of the stake held by the affluent Khamis family has increased by EGP 184.40 million ($1.26 million) in just …
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Egyptian businesswoman and executive Yasmine Mohamed Khamis and her siblings own a 56.58-percent controlling interest in the leading carpet manufacturer.