Ezz Steel shares rebound, boosting Ahmed Ezz’s stake to $755 million
This wealth rebound follows a recent rally in Ezz Steel’s stock price on the Egyptian Exchange (EGX), reversing earlier losses.
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Palm Hills backs $25.2 million loan for 200 hotel rooms at Hacienda White, boosting its stake in Egypt's North Coast tourism.
Egyptian businessman Hani Berzi to pocket $6.9 million dividend
This payout, which more than double what he received last year, underscores Edita’s strong financial position and its commitment to rewarding shareholders.
Safwan Thabet's stake in Juhayna drops by $65 million
Juhayna shares have plunged over 18% in six weeks, wiping over $65 million from Egyptian businessman Safwan Thabet’s stake.
Top 10 richest people in Morocco
Morocco’s wealthiest individuals are driving economic growth, influencing sectors like real estate, finance, energy, and pharmaceuticals, and enhancing Africa's economic footprint.
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Adrian Gore-linked Discovery Life pays $593 million in claims
The company paid out R11.5 billion ($593 million) in benefits, with wellness incentives and living benefits surpassing traditional death claims for the first time.
Duncan Wanblad's Anglo American faces hurdle in $3.5 billion deal
Anglo American is also navigating a strategic overhaul, including a potential listing of its diamond business, De Beers.
Kola Karim eyes big cashout from Mota-Engil’s DBN Energies takeover
Mota-Engil, a Portuguese construction firm, plans to acquire DBN Energies, an oil infrastructure specialist, from Kola Karim.
Ibidapo Lawal unveils $150 million-a-year aluminum plant in Nigeria
The plant, which is expected to generate $150 million in annual revenue once fully operational, will play a significant role in boosting Nigeria’s industrial sector.