Egypt's Khamis Family Loses 15 Million As Oriental Weavers Stock Declines

4 Hour(s) Ago    👁 123
egypts khamis family loses 15 million as oriental weavers stock declines

The wealthy Khamis family of Egypt has seen the value of its stake in Oriental Weavers fall by about 15 million over the past month, as persistent selling pressure on the Egyptian Exchange EGX continues to weigh on the stock.

Khamis familys 56 Oriental Weavers stake falls

The family, which includes Yasmine Mohamed Khamis and her siblings, controls 56.48 percent of Oriental Weavers, the worlds largest producer of machine-made carpets.

Disclaimer: We are a news aggregator. See full disclaimer here.