Led by Egyptian banker Karim Awad, EFG Hermes concludes advisory to $102.4-million bond program
Under Awad, EFG Hermes’ assets have risen to more than $2.7 billion.
Under Awad, EFG Hermes’ assets have risen to more than $2.7 billion.
Ezz owns 60.7 percent of the company.
The fund will be raised from renowned Moroccan investors and institutional financial organizations.
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Mazaya was founded in December 2021.
The announcement follows the receipt of a $150-million loan from the International Finance Corporation.
Amor’s 56.17-percent stake in Microdata is valued at $50.5 million.
Sallam owns five-percent of the real estate company.
The contract for the construction of EIPICO Factory 3 was signed through Rowad Modern Engineering.
Sallam controls a five-percent stake in MNHD.
TAQA Arabia is Egypt’s leading energy and utility provider.
Misr Italia Properties has been involved in 25 large-scale projects since its founding.
The news solidifies his position as one of the richest investors on the Casablanca bourse.
El-Sherbini controls a significant 26.1-percent stake in Integrated Diagnostics Holdings.
El Sewedy Electric is a multinational manufacturer of cables and electrical equipment.
OCI N.V. stated that the project is well under way.