Egypt Tycoon Naguib Sawiris May Sell Remaining Stake in Mobinil
Egyptian billionaire Naguib Sawiris has confirmed rumours that he plans to sell his minority stake in Egypt’s…
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Naguib Sawiris
Naguib Sawiris Invests EGP100 million in New Suez Canal Project
Egyptian business tycoon Naguib Sawiris purchased Sunday EGP 100 million (around US$14 million) worth of investment…
Egypt Stocks Gain EGP6.9bn in Week Propelled by Suez Canal Project
In a week, Egypt's stocks gained 6.9 billion Egyptian pounds powered by the new Suez canal national project.…
Egypt Bourse Approves Sawiris-led Nile Sugar’s IPO – Official
Egyptian stock exchange (EGX) approved the listing of Nile Sugar Company, a private beet-based sugar mill owned by…
Sawiris’ Nile Sugar Files Official Bid to List in Egypt Bourse
An official listing request has been filed by Nile Sugar, owned by Egyptian business tycoons, the Sawiris family,…
Egypt’s Economy, a New Regime Attempts to Foster Growth
IT WAS a rare example of Egypt doing something that pleased economists. On July 5th fuel prices rose as the…
Sawiris Aims Further Investments after EFG-Hermes Failure
Just days after his joint bid for a stake in Egypt's biggest investment bank EFG-Hermes was rejected, Egyptian…
Egypt Stocks Gain EGP5.6 billion in Week
Despite fuel prices hikes, and failure of Beltone/Sawiris-Hermes deal, Egypt's stocks gain in week 5.6 billion…
Sisi Urges Local Investors to Pump New Mega Projects – Oriental Weavers’ CEO
Egypt's President Abdel Fattah al-Sisi met on Wednesday with the country's prominent tycoons, seeking their…
Egyptian Shares end Lower amid EFG-Hermes’ scuppered Deal
Egypt's stocks ended lower on Monday losing 318 million Egyptian pounds following the failure of Beltone-Sawiris…
