Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Orascom Construction Industries expects a transaction backed by Bill Gates for transferring the company’s shares into an Amsterdam-based unit to be concluded within four weeks, an executive said today.
Orascom Construction Industries is looking at acquisitions after the Egyptian builder posted a better-than-expected second-quarter profit as it gained from the purchase of Royal DSM NV’s Agro and Melamine businesses.
Orascom Construction Industries rose the most in three weeks after posting the highest amount in building contract awards in almost four years and revealing it was close to selling a stake in Gavilon Group LLC.