Egypt's Orascom Investment narrows nine-month loss as operating revenue jumps
Orascom Investment cut its nine-month loss as revenue surged, and a much stronger third quarter helped offset a weak first half.
Naguib Sawiris
Inside the biggest billionaire donations in Africa in 2025
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Egyptian billionaire Naguib Sawiris wants to run 3 airports as government opens operations to private bids
Naguib Sawiris says he wants to run Hurghada, Luxor and Sohag airports as Egypt courts private operators to upgrade tourism gateways.
Egyptian billionaire Naguib Sawiris aims to manage three airports
Egyptian billionaire Naguib Sawiris plans to bid for managing up to three airports as Egypt opens the sector to private operators.
Côte d’Ivoire mine lifts gold output for Egyptian billionaire Naguib Sawiris’ Endeavour
Ity mine in Côte d’Ivoire leads Endeavour Mining’s gold output, boosting Egyptian billionaire Naguib Sawiris’ stake to $1.4 billion.
Egyptian billionaire Naguib Sawiris cuts London penthouse price by $13.2 million
Sawiris lowers London penthouse price to $92.2 million as UK luxury market struggles and wealthy investors reconsider holdings.
Egyptian billionaire Naguib Sawiris' net worth drops below $10 billion amid gold decline
Naguib Sawiris’ net worth dips below $10 billion as falling gold prices cut $170 million from his fortune.
Egyptian billionaire Naguib Sawiris backs new mining reforms in Egypt
Egyptian billionaire Naguib Sawiris supports new mining reforms, boosting investor confidence and gold exploration across Egypt.
Naguib Sawiris becomes Egypt’s first billionaire worth $10 billion
Egyptian billionaire Naguib Sawiris has become the country’s first to surpass $10 billion in net worth, driven by a surge in gold prices boosting his mining assets.
Egyptian tycoons Sawiris, Allam launch $6.5 million social project
Egyptian tycoons Naguib Sawiris and Hassan Allam sealed a $6.5 million social impact deal to boost education, farming, and fight poverty.
Egyptian billionaire Naguib Sawiris’ ORA Developers launches $16 billion projects in UAE, Iraq
Malagasy businessman Hassanein Hiridjee’s Axian joined a $3.5 million round for Paris-based Nucleon Security to scale AI-driven cyber defense.
Egyptian billionaire Naguib Sawiris now worth $9.25 billion after private investment gains
Egyptian billionaire Naguib Sawiris’ fortune rises to $9.25 billion as gold and private investments gain value.
Egyptian billionaire Naguib Sawiris proposes land sales to ease debt burden
Egyptian billionaire Naguib Sawiris urges state land sales in dollars to tackle Egypt’s $157-billion debt and boost foreign reserves.
Egypt’s second-richest man, Naguib Sawiris, is $2 billion richer this year
Naguib Sawiris adds $2 billion to his net worth, nears $9 billion with new investments in clean energy and mega real estate projects.
Egypt's Naguib Sawiris to invest $100 million in electric motorbike project in Morocco
Naguib Sawiris backs $100 million plan to electrify Morocco’s motorbike transport through affordable battery leasing with BluEV.
ORA Developers, led by Naguib Sawiris, begins Al-Wardi City project in Iraq
Ora Developers, led by billionaire Naguib Sawiris, has broken ground on Iraq’s Al-Wardi City, a major eco-focused housing and smart city project near Baghdad.