Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
Egypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign…
Browsing Tag
Onsi Sawiris
Sawiris Family Finally Back Home As Tax Disputes Settled
Members of Sawiris family have arrived at Cairo International Airport on Friday coming from France, after a travel…
Egypt Lifts Travel Ban On Onsi, Nassef Sawiris Amid Tax Accord
The travel ban on Egyptian business tycoons Onsi Sawiris and his son Nassef – Chief Executives of Orascom…
Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
Orascom Construction Denies Settlement With Egyptian Govt
Statements by Egypt's Finance Minister El-Morsi Hegazy and the Egyptian Tax Authority over negotiations with the…
OCI Tax Debacle in Egypt Stokes Concern Over Who Might Be Next
Egypt’s decision to go after its biggest publicly traded company on a tax-evasion claim is deterring investors that…
EGX Suspends Trading On OCI, Awaits Tax Negotiations Updates
The Egyptian Exchange’s management has decided to suspend the trading on the stocks of Orascom Construction…
Business In Egypt; Feeling The Squeeze
The decision by Egypt’s general prosecutor to place the country’s wealthiest man and his business-tycoon father on…
EGX30 Falls 2.95 % In Week As OCI Tax Dispute Weighs
The Port Said court ruling proceeded by bloody riots, massive blaze and police strike alongside the pending tax…
Orascom Buyout Battle Scars Egypt Stock Mkt
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict…
