Ahmed El-Sewedy’s electric company to aid Saudi Arabia in achieving net-zero emissions by 2050
El Sewedy Electric is a leading multinational cable and electrical equipment manufacturer.
El Sewedy Electric is a leading multinational cable and electrical equipment manufacturer.
The sale is a strategic move to refocus the company on its core operations.
The rebranding efforts follow the passing of Ghabbour.
Sawiris also owns a $135-million stake in English club Aston Villa.
Hassan Allam Holding is a privately held engineering, construction, and infrastructure firm.
Sabry controls 2.3 percent of the fintech company.
They will also be eligible for performance-based future milestones.
The El-Sewedy family owns 68 percent of Elsewedy Electric.
The devaluation of the pound may have a significant impact on the economy and on the net worth of Egyptian billionaires.
InstaDeep was founded in 2014.
Haj Arafa Group, under the leadership of Egyptian businessman Mohamed Arafa, is exploring opportunities to broaden its reach.
Gemini is a real estate developer that is part of Ora Developers.
SWVL Holdings Corp. is a leading provider of tech-enabled mass transit solutions.
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
Ahmed Wadi joined forces with another Egyptian software developer, Adham Badr, to co-found Money Fellows in 2016.
The two families rank first and third, respectively.