Egypt’s second-richest man Naguib Sawiris gains $110 million in 5 days
His recent $110-million wealth gain is attributed to the recent performance of his investments, which encompass real estate, teleom, and the mining industry.
His recent $110-million wealth gain is attributed to the recent performance of his investments, which encompass real estate, teleom, and the mining industry.
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.
The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
Despite the decline in the market value of his stake – Sefrioui remains one of the richest investors on the Casablanca bourse and one of the country’s richest businessmen.
The Ghabbour family holds a significant 62.9-percent stake in the automaker, or 682,779,500 ordinary shares.
Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.
Sawiris hails U.S. investor Jeff Ubben’s influence as OCI embraces strategic overhaul.
Orascom Development Egypt, majority owned by Orascom Development Holding, operates within the orbit of businesses associated with the Sawiris family.
Hisham Talaat Moustafa is not only one of the wealthiest investors on the Egyptian Exchange but also one of the wealthiest people in the entire North African region
From the multibillion-dollar Akwa Group to influential ventures in chemicals, mining, tourism, and media, discover the man behind the $1.7-billion fortune.
The multimillion-dollar increase in Akhannouch’s net worth has cemented his position as the wealthiest billionaire in Morocco.
The recent acquisition aligns with TMG’s strategy to maximize recurring income activities, enhance foreign currency resources, and create spare liquidity for future dividends.
Mansour owns a sizable 5.6-percent stake in the Cairo-based real estate firm, which translates to 202,291,698 ordinary shares.
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.
Benjelloun owns a significant 27.41-percent stake in Bank of Africa.
This surge not only solidifies his position among the leading investors on the Casablanca bourse but also reaffirms his standing as one of Morocco’s wealthiest individuals.