Administrative Supervision Agency Unveils Akil’s Business Empire

A report issued by the Administrative Supervision Agency has revealed details of the communications empire established by former CEO of Telecom Egypt Akil Beshir and Mubarak’s kinsman Magdy Rasikh.

The report pointed out that Akil has used his daughter’s name to become a partner in a number of companies, in addition to assigning her to directly manage several projects.  Moreover, Akil’s daughter Nadine has two companies; Delicious Inc for hotels and tourism establishments and Delicious Bakery for food and Beverages which she chairs in partnership with Hesham Hilal Sadik El-Swidy and Huwaida Gamil Sadek EL-Swidy, who are owners of  many companies that had business with Telecom Egypt under Akil’s chairmanship.