Egypt, Mauritania discuss strengthening agricultural cooperation    Government to disburse funding to investors completing 90% of factory construction    Egypt's human rights committee reviews national strategy, UNHRC membership bid    HSBC named Best Cash Management Provider in Egypt by Euromoney    EGX closes mixed on Oct. 14    Boehringer Ingelheim Launches Metalyse® 25 mg in Egypt Following Approval by the Egyptian Drug Authority    Trump-Xi meeting still on track    Sisi hails Gaza peace accord as a 'new chapter' for the Middle East    Egypt invites Chile's Codelco to explore copper mining opportunities    Egypt, Qatar seek to deepen investment partnership    Turkish president holds sideline meetings with world leaders at Egypt summit    Al-Sisi, Meloni discuss strengthening Egypt–Italy relations, supporting Gaza ceasefire efforts    Al-Sisi, Merz discuss Gaza ceasefire, ways to deepen Egypt–Germany relations    L'Oréal Egypt's 10th summit draws over 800 experts, focuses on dermatology    URGENT: Netanyahu skips Sharm El-Sheikh peace summit for holy reasons    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt's Al-Sisi commemorates October War, discusses national security with top brass    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt Ranks Second in World's Richest Arabs List: Forbes Middle East
Published in Amwal Al Ghad on 15 - 04 - 2014

Egypt has landed in second place in the World's Richest Arabs list made by Forbes Middle East, contributing 15 names. The first spot went to the Kingdom of Saudi Arabia, which had 39 names on the list, while third went to the United Arab Emirates, which had 14.
Egyptian construction tycoon Nassef Sawiris, the youngest among the Sawiris siblings, was the first Egyptian and the fourth on the list with a total worth of $6.7 billion.
Business mogul Mohamed Mansour was the second Egyptian and the ninth on the list with $3.1 billion. Naguib Sawiris was the third Egyptian and the 13th on the list with $2.8 billion while his father Onsi Sawiris followed, coming in the 18th place with $2.4 billion.
Business tycoons Youssef Mansour, Mohamed Al-Fayed and Yassen Mansour followed on the list, ranking 21st, 26th and 30th with a total worth of $2.3 billion, $1.9 billion and $1.8 billion respectively. Samih Sawiris, Nassef and Naguib Sawiris's brother, ranked 35th on the list.
According to Forbes Middle East's list, the total worth of the Egyptian Sawiris family is $13.2 billion.
Automotive businessmen also made the list and included Ahmed, Sadek and Mohamed Al Sewedy along with Raouf Ghabbour.
Saudi Prince Al-Waleed bin Talal Al-Saud topped the 100 World's Richest 100 Arabs list with a net worth of $20 billion, followed by Lebanese-Brazilian banking tycoon Joseph Safra, who is worth $16 billion, and Saudi businessman Mohameed Al Amoudi, who has around $15.3 billion.
The combined fortunes of the Arab's world richest 100 registered $166.07 billion, Forbes Middle East noted.
In its count, Forbes Middle East considered only publicly held shares, audited documents and official information in the public domain.


Clic here to read the story from its source.