Egyptian billionaire Yasseen Mansour gains $1.8 million from Palm Hills stake
This significant increase reinforces Mansour’s position as one of Egypt’s and Africa’s billionaires, solidifying his position among the continent’s financial elites.
This significant increase reinforces Mansour’s position as one of Egypt’s and Africa’s billionaires, solidifying his position among the continent’s financial elites.
With a 33.6-percent stake in Euro-Cycles, equivalent to 3,293,136 ordinary shares, Essayeh stands as one of the most affluent investors on the Tunis Stock Exchange.
Sawiris, Egypt’s second-richest person, added $130 million to his fortune over the past 17 days.
The family’s wealth had taken a hit between March 14 and 28, with the market value of their stake tumbling EGP5.36 billion ($324.08 million).
The Ghabbour family’s stake has lost EGP1.02 billion ($21.54 million) in the last 19 days, pushing the market value of their holdings below the $170-million mark.
Egyptian billionaire and prominent industrialist Ahmed Ezz owns 60.7 percent of Ezz Steel (or 329,816,198 shares).
This surge in wealth cements his position as one of the richest investors on the Casablanca bourse and among Morocco’s most affluent businesspeople.
Despite the recent decline in her fortune, the Moroccan executive remains among the affluent investors on the Casablanca bourse.
Moustafa holds a controlling stake of 43.16 percent in the group, representing 890,633,483 ordinary shares.
Juhayna’s exceptional financial results for 2023 highlight its resilience in navigating the dynamic landscape of the fast-moving consumer goods industry in North Africa.
The recent surge in the share price of Adidas has bolstered Sawiris’ wealth significantly, with his stake now valued at $2.71 billion.
Econet Wireless Zimbabwe’s strategic restructuring with EcoCash signifies a pivotal step in consolidating its position within the financial technology sector.
Established in 2011, the Elsewedy Technical Academy has been dedicated to providing high-quality technical education in line with global standards.
This is attributed to lower global nitrogen pricing and a reduction in natural gas prices in Europe and the United States following the exceptional highs of 2022.
The $2.87-million surge in the market value of his holding solidifies Ben Ayed’s status as one of the wealthiest investors on the Tunis Stock Exchange.
Despite recent financial headwinds stemming from the Egyptian pound’s devaluation, the Khamis family remains among the country’s most affluent and prominent investors.