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…
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Sawiris
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…