This increase is fueled by heightened investor interest in the Cairo-based company on the Egyptian Exchange.
Oriental Weavers
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Despite recent financial headwinds stemming from the Egyptian pound’s devaluation, the Khamis family remains among the country’s most affluent and prominent investors.
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This was fueled by a 34-percent uptick in export revenue, comprising 64 percent of the total revenue, along with a 31-percent rise …
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The Khamis family, one of Egypt’s wealthiest, currently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global …
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The Khamis family, one of Egypt’s wealthiest families, presently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a …
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The recent surge in the market value of their stake in Oriental Weavers reinforces their status among Egypt’s wealthiest families and top …
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Oriental Weavers shares slump 8.29 percent, resulting in losses for shareholders, including the Khamis family.
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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 …
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The Khamis family, Egyptian multimillionaires, holds a majority stake of 56.58 percent in the company, which distributes its products in Oriental Weavers.
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The market value of the stake held by the affluent Khamis family has increased by EGP 184.40 million ($1.26 million) in just …