Moroccan PM Aziz Akhannouch suffers $30-million loss from Afriquia Gaz stake
Akhannouch indirectly owns shares in Afriquia Gaz SA and Maghreb Oxygene through the multibillion-dollar conglomerate Akwa Group.
Akhannouch indirectly owns shares in Afriquia Gaz SA and Maghreb Oxygene through the multibillion-dollar conglomerate Akwa Group.
Egyptian billionaire Ahmed Ezz’s stake in Ezz Steel surpasses $830-million mark.
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 jump in stock price.
Mzabi owns 24.8 percent of Automobile Reseau Tunisien et Services (ARTES), which translates into 9,370,387 ordinary shares.
With a net worth which amounts to $6.06 billion, Sawiris now ranks as the world’s 416th richest man.
According to recent stock market data, Benjelloun owns a significant 27.41-percent stake in the Bank of Africa.
The recent uptick in Youssef Mansour’s fortune can be attributed to the robust performance of his diversified portfolio of investments.
Hisham Talaat Moustafa is one of the wealthiest people in the entire North African region, thanks to his 43.16 percent stake in TMG Holdings
OneTech’s remarkable growth over the years owes much to the visionary leadership of Sellami, who established the firm in 1978.
Fawry for Banking Technology and Electronic Payments (Fawry) is a leading fintech company founded by Egyptian tycoon Ashraf Sabry.
Essayeh owns a significant 33.6-percent stake in the bikemaker, making him the largest shareholder in Euro-Cycles.
Berzi, who founded Edita Food Industries in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer.
Sefrioui, the visionary founder of the Casablanca-based real estate group and one of Morocco’s most affluent individuals, owns a majority 64.1-percent stake in ADH.
Elsewedy Electric is a leading multinational cable and electrical equipment manufacturer majority owned by the Egyptian billionaire El-Sewedy family.
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares.
The agreement was signed by Mohy Eldin Abdin, group CFO of Hassan Allam Group, and Kanayo Awani, executive vice president of Intra-African Trade Bank at Afreximbank.