Tag: Sawiris family

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Led by Egypt’s richest family, Orascom adds $670 million in new projects in Q3 2022

Through OS Private Trust Company, the billionaire Sawiris family owns 51.8 percent of the Egypt-based contractor.

Financial services firm linked to Egypt’s Sawiris family suffers over $12 million in losses in H1 2022

OFH was founded in 1997 by the late Onsi Sawiris, a member of Egypt's billionaire Sawiris family.

Abu Dhabi-based Chimera acquires controlling stake in financial services provider linked to Egypt’s richest family

It is unclear how much of the 59.22 percent stake held by Orascom Financial Holding, a firm led by the billionaire Sawiris family, was acquired during the transaction.

Led by Egypt’s richest family, Orascom Construction adds $1.8 billion in new projects in Q2 2022

The billionaire Sawiris family owns 51.8 percent of Orascom Construction.

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Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Strive Masiyiwa's net worth is still up by a remarkable $900 million since the beginning of the year.

Egypt’s second-richest man unveils $1.2 billion investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man, Naguib Sawiris, and Uzbekistan's President, Shavkat Mirziyoyev.

Khaled Mahmoud’s MM Group reports 201.7 percent surge in Q1 2023 profits

Khaled Mahmoud's MM Group reports 201.7 percent surge in Q1 2023 profits, boosted by consumer electronics and automotive division,

Egyptian tycoon Hani Berzi’s Edita records impressive $12.9 million in profit in Q1 2023

Berzi's Edita Food Industries surges with $12.9 million in profit in Q1 2023, boosting investor confidence.

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