Naguib Sawiris to sue his own Free Egyptians Party over new bylaws
Egyptian billionaire businessman Naguib Sawiris announced on Saturday that he would launch a legal challenge…
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Naguib Sawiris
OTMT announces withdrawal from Egypt solar feed-in tariff projects
Orascom Telecom Media and Technology Holding (OTMT) announced in a bourse filling Monday its decision to withdraw…
Egypt’s Sawiris to invest $250m in ailing Brazilian telecom operator
Egyptian billionaire, Naguib Sawiris, is set to invest $250 million to bolster troubled Brazilian telecom company,…
Egypt’s CIB to finalise sale of 70% in CI Capital ‘in hours’ – Reuters
Egypt's largest listed bank, Commercial International Bank (CIB) is seeking to sell 70 percent of its investment…
Business tycoon Sawiris hails Egypt currency floating move
Egyptian business tycoon Naguib Sawiris, chairman of Orascom Telecom Media & Technology (OTMT), has hailed the…
Egyptian asset manager Beltone Financial acquires 60% of U.S. Auerbach Grayson
Egypt's largest asset manager Beltone Financial announced on Tuesday it had acquired 60 percent of New York-based…
Egyptian tycoon Abu Hashima’s media company picks FEP Capital for IPO
Egyptian Media Company, owned by business tycoon Ahmed Abou Hashima, has picked investment bank FEP Capital as the…
Orascom Telecom says Q1 net profit fell to 48.733 mln Egyptian pounds
Egypt's Orascom Telecom Media and Technology Holding (OTMT) said Thursday its first quarter net profit had dropped…
Sawiris’ OTMT plans investing in Egypt’s food, agricultural industries sector
Egypt's Orascom Telecom Media and Technology Holding company (OTMT) -owned by tycoon Naguib Sawiris - is currently…
Sawiris’ Beltone Financial says Q1 net profit jumps 132%
Egypt's Beltone Financial, a unit of billionaire businessman Naguib Sawiris's OTMT, reported a 132 percent jump in…