Beltone, Others Seek Stake in Egypt’s EFG Hermes -Sources
Beltone Financial and a group of investors including Egyptian billionaire Naguib Sawiris are seeking to acquire a…
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Naguib Sawiris
Egypt’s Global Telecom Books in Cost of Algerian Settlement
Egypt's Global Telecom has restated its results for last year, increasing its net loss to 20 billion Egyptian…
Egyptian Social Democratic Party Members Join Sawiris’ Party
Egypt's liberal Free Egyptians Party (FEP), founded by business tycoon Naguib Sawiris, announced on Sunday that 31…
Naguib Sawiris Eyes Gold Explorations in Egypt
The Egyptian tycoon and founder of Orascom Group, Naguib Sawiris, is planning to inject huge investments in gold…
Vimpelcom Resolves Algeria Row with $2.6 bln Stake Sale
Russia's Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake…
Egypt Ranks Second in World’s Richest Arabs List: Forbes Middle East
Egypt has landed in second place in the World’s Richest Arabs list made by Forbes Middle East, contributing 15…
Sawiris Says Ready to Invest $1-2 billion in Telecom Italia-Paper
Egyptian billionaire Naguib Sawiris is ready to invest USD 1 to USD 2 bln in Telecom Italia (TLIT.MI) if its…
The Real Reason Egypt Is Obsessed with Putting Its Military Leader on Everything
How much do you love Field Marshal Abdel Fattah El-Sisi? Don't answer that —– take it instead as a pitch for a…
Orascom Construction Suspends Tax Payment to Egypt
Orascom Construction Industries S.A.E. has suspended payment of a Dec. 31 installment of a 7.1 billion Egyptian…
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
The decision to refer Orascom Construction Industries (OCI) - which is owned by Egyptian business tycoon…
