The Khamis family, one of Egypt’s wealthiest, holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
Yasmine Mohamed Khamis
-
-
Oriental weavers led and majority owned by the Egyptian Khamis family recently published its Q1, 2024 results.
-
The announcement came from Yasmine Khamis on the sidelines of the United Nations Global Compact Annual Forum hosted by the UNGCNE.
- Hot NewsLatest NewsNorth Africa
Egypt’s multimillionaire Khamis family gains $8.3 million from Oriental Weavers stake
While the Khamis family’s stake has soared recently, investors seeking to emulate their success through Oriental Weavers shares should exercise caution.
-
Despite recent financial headwinds stemming from the Egyptian pound’s devaluation, the Khamis family remains among the country’s most affluent and prominent investors.
-
This was fueled by a 34-percent uptick in export revenue, comprising 64 percent of the total revenue, along with a 31-percent rise …
-
Despite the recent $69 million decline in the market value of their stake, the family maintains their position among Egypt’s wealthiest families …
-
The Khamis family, one of Egypt’s wealthiest families, presently holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a …
-
The market value of the stake held by the affluent Khamis family has increased by EGP 184.40 million ($1.26 million) in just …
-
Egyptian businesswoman and executive Yasmine Mohamed Khamis and her siblings own a 56.58-percent controlling interest in the leading carpet manufacturer.