Egypt’s Orascom Investment sells subsidiaries for $17.8 mln in Brazil
Orascom Investment Holding S.A.E (OIH) sold subsidiaries owning the real estate units located in Patio Victor…
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Sawiris
Sawiris’ La Mancha in talks to join Egypt potential gold tender
Egyptian billionaire Naguib Sawiris announced on Wednesday ongoing negotiations between the government, his gold…
Sawiris faction in Free Egyptians Party announces high committee elections results
The independent committee supervising and monitoring the parallel internal elections held by the Sawiris faction of…
Essam Khalil re-electes as head of Free Egyptians Party
Essam Khalil has been re-elected as head of the Free Egyptians Party by a quorum of members, an internal party…
Business tycoon Sawiris sues Free Egyptians leader for expelling him
Egyptian billionaire Naguib Sawiris filed a lawsuit on Monday against Essam Khalil, the leader of Free Egyptians…
Business tycoon Sawiris calls for new elections in Free Egyptians Party
Egyptian business tycoon and founder of the Free Egyptians Party, Naguib Sawiris, called on Tuesday for new…
Sawiris’ Orascom Construction incurs $334 m net loss in 2015
Orascom Construction Limited, owned by Egyptian tycoon Nassef Sawiris, reported $ 334.4 million loss according to…
Sawiris: Egypt’s current conditions remind me of days before 25 January revolution
"The way issues are being run in Egypt today reminds me with the atmosphere before the 25 of January revolution,"…
Sawiris’ OCI targets delisting from Cairo bourse on thin trading
The board of directors of Orascom Construction Industries (OCI), owned by Egyptian tycoon Nassef Sawiris,…
Sawiris’ OTMT unit to take part in building solar plant in Upper Egypt
Egypt-based Orascom Telecom Media and Technology's fully owned subsidiary O Capital for Energy signed this week a…
Egypt’s wealthiest man Sawiris becomes largest investor in Adidas
Egyptian business tycoon Nassef Sawiris has raised his stake in international sporting goods maker Adidas to 6…
Tycoon Sawiris, SAM fund join Saint-Gobain/Sika Deal Battle
Southeastern Asset Management (SAM) investment fund working with Egyptian billionaire Nassef Sawiris said…
Sawiris Plans To Raise Capital Of New Egypt To $230m After Hermes Deal
The Netherlands’ New Egypt Investment Fund BV is increasing its issued capital by $230m, commensurate with its new…
Billionaire Sawiris Takes Second Shot At Buying EFG-Hermes Stake
Egypt’s markets regulator is giving billionaire Naguib Sawiris a shot at fulfilling a promise to reinvest in his…
Sawiris-Beltone Acquisition Of Hermes Won’t Be Implemented Chaotically: Zulfikar
With the Naguib Sawiris- Beltone alliance seeking to acquire 20% of EFG Hermes, the Egyptian Financial Supervisory…
Italy Would Welcome Egypt’s Sawiris As Telecom Italia Investor
The Italian government would welcome Naguib Sawiris as Telecom Italia SpA’s main shareholder should the Egyptian…
Sawiris Ties Interest In Telecom Italia To Telefonica’s Exit
Egyptian billionaire Naguib Sawiris is ready to step in and invest in Telecom Italia SpA on condition that the…
Egypt’s Sawiris Plans Bid For TIM Brasil To Avoid Breakup – Paper
Egyptian billionaire Naguib Sawiris plans to bid for Brazilian wireless carrier TIM Participações SA (TIMP3.SA),…
Orascom Construction Says Didn’t Get New Tax Claim Amid CEO Ban
Orascom Construction Industries, (OCIC) the company transferring its stock listing to Amsterdam from Cairo, said it…
OCI NV Confirms Acceptances Of 97.2 % Of GDRs Holders To Exchange Offer
OCI N.V. announced that shareholders, including the Sawiris family and Abraaj Capital, holding a total of…
Egypt’s Next Coptic Pope Should Open Churches For Muslim Children: Sawiris
The next Egyptian Coptic Pope should open churches for Muslim children to promote interfaith dialogue and…
Sawiris Appointed La Mancha Chairman
Canada-based La Mancha Resources Inc. announced that, following the satisfaction of all conditions to the offer by…
Sawiris To Invest $1 Bln In Canadian Firm
According to French gazette Le Figaro, Sawiris will use $500 million in acquiring the gold mining firm. It added…
Orascom Empire: Onsi Sawiris, Where it All Began
Onsi Sawiris (1930-2021) has started his own small contracting firm based in Assiut, Upper Egypt, and expanded to…
Orascom Empire: Nassef Sawiris
Nassef Sawiris (born in 1961), the youngest of the three sons of Onsi Sawiris, has been a Director and the Chief…
Djezzy’s Value Reaches $6.5 billion
The Algerian government advisor on the local network operator, Djezzy, put the communication company's value at…