Egyptian Multimillionaire Safwan Thabet's Juhayna Stake Gains 36.62 Million In 20 Days
- Thabets holdings in Juhayna Food Industries jumped 36.62 million in 20 days, pushing his total stake value near 360 million amid a stock rally.
- A strong 11.38 stock surge lifted Juhaynas valuation, boosting investor confidence and attracting institutional buyers.
- The stock has gained 14.78 in 2025, turning a 100,000 investment into 114,780, signaling strong growth potential.
Egyptian multimillionaire Safwan Thabet, a leading figure in North Africas consumer goods sector, has seen a remarkable surge in the market value of his stake in Juhayna Food Industries, thanks to a strong stock rally on the Egyptian Exchange EGX .
Thabet, a renowned figure among the nations top investors, who holds a 50.1 percent stake in Juhayna through Pharon Investments Limited, has added EGP1.85 billion 36.62 million to his holdings over the past 20 days, pushing his total stake value close to 360 million.
This follows an earlier gain of 30.1 million between Jan. 15 and 27 , when his stake climbed from EGP14.91 billion 296.41 million to EGP16.42 billion 326.51 million. The continued rally highlights growing investor confidence in Juhaynas long-term growth prospects.
Juhaynas stock rally reinforces market confidenceFounded four decades ago by Safwan Thabet, Juhayna Food Industries has grown into one of Egypts largest dairy, juice, and food product manufacturers. Its stock price has surged 11.38 percent on the EGX over the past 20 days, rising from EGP34.52 0.68 on Feb. 4 to EGP38.45 0.76.
This upward momentum has lifted Juhaynas market capitalization beyond 715 million, delivering notable returns to shareholders, including Thabet. The companys strong fundamentals and strategic market positioning continue to attract institutional and high-net-worth investors.