Mubarak-era tycoon Hussein Salem acquitted of money laundering charges
Cairo Criminal Court ordered the acquittal on Tuesday of Mubarak-era business tycoon Hussein Salem of…
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Egypt’s court acquits tycoon Hussein Salem in gas export corruption case
An Egyptian criminal court upheld on Thursday the acquittal of Mubarak-era business tycoon Hussein Salem on…
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…
Cairo court orders arrest of steel tycoon Ezz on corruption charges
A Cairo Criminal court has ordered the arrest of Egyptian steel tycoon Ahmed Ezz and former chairman of the…
Egypt requests unfreezing of Hussein Salem’s assets abroad after reconciliation
Egypt's prosecutor-general sent on Tuesday a request to judicial authorities in three countries to unfreeze the…
Egyptian tycoon Sawiris sold ONTV over lack of profits, will invest heavily in Promomedia
Business tycoon Naguib Sawiris said Tuesday that the sale of satellite TV channel ONTV resulted from failed…
UAE’ Emaar eyes more investments in Egypt
Emirati tycoon, Mohamed Alabbar unveils that his company, Emaar Misr, is willing to consider new investments…
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’s OTMT submits $128mn-offer to seize CI Capital
Egyptian Billionaire Naguib Sawiris submitted an offer estimated at one billion Egyptian pounds (US$127.7 million)…
