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Algeria's prosecutors demanded a fresh 16-year prison sentence for jailed Cima Motors mogul Mahieddine Tahkout over €1.17 billion allegedly hidden in Swiss bank accounts and French property.
Egypt's Juhayna Food Industries has locked out Baladna, its Qatari second-largest shareholder with over 15% of the company, in a fresh ownership dispute at the country's biggest dairy producer.
Egyptian billionaire Sir Mohamed Mansour told Sports Business Journal his global soccer ownership strategy centres on San Diego FC, Right to Dream and why the US soccer market will keep growing.
Jailed Algerian automobile tycoon Mahieddine Tahkout appeared before Algeria's financial crimes tribunal over new charges of money laundering and over a billion euros in assets hidden in Switzerland and France.
Egypt's Elsewedy Electric is part of a new Algerian-Egyptian industrial consortium targeting investments in Cameroon's energy and industrial sectors, according to reporting from News du Camer.
Ahmed El Sewedy met Egypt's Prime Minister Madbouly on May 24 to outline Elsewedy Electric's expansion plans, including a new 80,000-vehicle-per-year automotive factory with global partners.
Le Desk revealed that Moulay Hafid Elalamy structured 92.3% control of Sweden's Arktika Capital AB through a chain of Saham vehicles, with his son installed as CEO.
Moroccan billionaire Moulay Hafid Elalamy has acquired a majority stake in Arktika Capital AB, a Swedish licensed credit institution that buys and manages non-performing loan portfolios across Europe.
Anas Sefrioui's CIMAF presented a CFA26 billion expansion plan to Gabon's president on May 20, targeting a third cement line and expanded clinker production at the Owendo factory.
Sue Nabi studied water engineering in Algeria, joined L'Oréal as a sales rep and spent three decades building one of global beauty's most remarkable careers
Egyptian billionaire Naguib Sawiris kept his seat on Endeavour Mining's board at its 2026 AGM, but drew the weakest shareholder support of any director.
Hisham Talaat Moustafa served nine years in prison, walked out in 2017 and built Egypt's largest listed real estate developer into an $8 billion annual sales machine.
Egypt's Elsewedy Electric, controlled by the billionaire El-Sewedy family, has acquired a 60% stake in Dutch gas turbine specialist Thomassen Service to expand across the Middle East and Africa.
Egyptian real estate billionaire Hisham Talaat Moustafa has partnered with Saudi Arabia's Sela to create an integrated entertainment and live events ecosystem across Egypt.
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.
Abderrahmane Benhamadi named his company after a Simon and Garfunkel song. That company is now Algeria's largest private corporation, with over $1 billion in annual revenue.