Onsi Naguib Sawiris launches $50 million fund for Egyptian heritage brands
Onsi Naguib Sawiris has launched Creative Investments Holding to acquire and scale culture-rooted Egyptian brands, securing $20 million in its first funding close.
Category: Billionaires
SpaceX restores $2 trillion market valuation following tech rally
SpaceX has restored its $2 trillion market valuation after a 6.4 per cent share price jump, supported by a broad tech rally and analyst upgrades.
Leon Black Sues US House Committee Over Epstein Subpoenas
Leon Black has asked a federal court to block House subpoenas seeking documents on his dealings with Jeffrey Epstein, describing the probe as a fishing expedition.
Indian Regulators Halt Production at Binod Chaudhary’s Wai Wai Factory
Regulators in Rajasthan, India, have ordered a production halt at a Wai Wai noodle factory owned by billionaire Binod Chaudhary following alleged food safety violations.
Le Roux family increases Stormers rugby stake to 71.5 per cent
The Fynbos Group, investment vehicle for billionaire Michiel le Roux and his family, has acquired a majority 71.5 per cent stake in the Stormers rugby franchise.