Egypt’s richest man Nassef Sawiris loses $540 million in 25 days
Sawiris remains not only the richest man in Egypt but also the most affluent individual in the Arab world.
Sawiris remains not only the richest man in Egypt but also the most affluent individual in the Arab world.
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Alj, a highly influential businessman in Morocco, is the founder of Unimer which exports the “Titus” brand of canned sardines.
With a net worth of $1.3 billion, Benjelloun is ranked as the 16th wealthiest individual in Africa and the 2,154th on a global scale.
Akhannouch, appointed prime minister of Morocco in September 2021, derives the majority of his fortune from the Akwa Group.
Khalil owns a controlling stake of 58.1 percent in Raya Holding, equivalent to a substantial 1,245,661,205 shares.
Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
Earlier this year, Moustafa led TMG Holding to ink a major partnership with British real estate services provider Savills.
Sawiris, who is the richest man in Egypt, owns a 38.8-percent stake in Dutch fertilizer producer, OCI N.V.
Egyptian businesswoman and executive Yasmine Mohamed Khamis and her siblings own a 56.58-percent controlling interest in the leading carpet manufacturer.
Tazi owns a substantial 8.4-percent stake in the leading healthcare company, or 605,030 issued shares.
Egyptian businesswoman Yasmine Mohamed Khamis and her siblings own a controlling interest of 56.58 percent of the leading carpet manufacturer.
Mzabi, now the chairman of the Tunisian automobile retailer, owns 24.5 percent of the company, or 9,370,387 ordinary shares.
Ezz owns 60.7 percent of Ezz Steel, making him one of the richest investors on the Egyptian Exchange and one of Egypt’s wealthiest men.
Despite the recent slump in the market value of his stake, Tamarziste remains one of the country’s richest businessmen.
Adidas’ adept maneuvering following its separation from West has ensured its resilience, with significant gains in share value and market capitalization.