Egyptian tycoon Naguib Sawiris shuns Bitcoin, says cryptocurrencies are speculative
His statement comes at a time when the world is highly concerned about inflation.
Naguib Sawiris
Egyptian billionaire Naguib Sawiris unveils new mining fund, La Mancha Fund SCSp
The fund will be dedicated primarily to gold mining.
Egyptian billionaire Naguib Sawiris’ Orascom invests $12.7 million in Giza pyramids
Sawiris said Orascom has long been interested in participating in developing the area.
Naguib Sawiris-linked Endeavour Mining lists on London Stock Exchange
Endeavour Mining is West Africa’s largest gold producer.
Suez Canal Authority’s $916-million demands unrealistic: Naguib Sawiris
The Egyptian billionaire said the authority’s demands contradict national interests.
Naguib Sawiris steps down as chairman of Orascom Investment Holding
Egyptian billionaire businessman Naguib Sawiris has stepped down from his role as the chairman of Orascom Investment Holding.
$200-million stock deal deepens Sawiris family interest in global gold market
La Mancha Holdings announced the closing of a $159-million subscription to the shares of Endeavour Mining Corporation.