Founded in 1979 by Mohammed Farid Khamis and listed on the Egyptian Stock Exchange since 1997, Oriental Weavers Group is one of the largest producers of machine-woven carpets in the world. The group exports to more than 130 countries. The group’s portfolio includes textile, petrochemicals, education, real estate, and agriculture businesses. In December 2022, Farida and Yasmine transferred their combined 24.61% stake in Oriental Weavers Carpet to London-based FYK Limited, which is fully owned by the two sisters. The company reported $134 million in revenues and total assets of $717 million in Q1 2023. It had a market cap of $318.6 million as of July 4, 2023.