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Egyptian billionaire Nassef Sawiris has launched an unsolicited all-cash offer of EUR 4.10 per share to take nitrogen producer OCI Global private and end a prolonged corporate impasse.
Aston Villa heads into the Champions League season without a shirt sponsor, with a £40 million deal sitting unclaimed as Nassef Sawiris' club weighs its options.
Nassef Sawiris bought Aston Villa for £30 million in 2018 when the club was near collapse. Seven years later it has a European trophy and a valuation above £1 billion.
Nassef Sawiris has reorganised his Orascom Construction holding between two NNS Group vehicles, leaving his total 43.95% stake unchanged as his Abu Dhabi platform takes shape.
Egypt's richest man has built and sold empires twice. Now he is staking $50 billion on American infrastructure from a new base in Abu Dhabi.
Nassef Sawiris and Wes Edens' V-Sports is closing in on a controlling stake in French Ligue 2 club FC Annecy as Aston Villa's multi-club network moves into France.
Nassef Sawiris has formally closed his London family office NNS Advisers, completing a multi-step UK departure triggered by the end of the non-dom tax regime.
Patrice Motsepe's African Rainbow Capital has been cleared by the Gauteng High Court of liability in a $195 million damages claim by US-based Pula Group.
Nassef Sawiris has increased his total stake in Orascom Construction to 43.39% after his NNS City family office acquired approximately 1.13 million additional shares in the company.
Nassef Sawiris' Aston Villa has posted a record £113.6 million profit built on asset sales to the owners' own holding company, triggering Premier League review.
Orascom Construction posted a record $9 billion backlog and a 65% profit jump in 2025 as the United States became a major growth driver for the group.
Egypt's Sawiris brothers have built a $16.6 billion empire spanning fertilizers, telecom, luxury tourism and Premier League football across three continents.
Nassef Sawiris, worth $9.3 billion and already a major Adidas shareholder, is set to become the sportswear giant's next chairman.
Adidas is replacing its embattled chairman with Egyptian billionaire Nassef Sawiris and keeping CEO Bjorn Gulden locked in through 2030.
Nassef Sawiris, Egypt's richest man, is leaving OCI Global's top seat, citing other professional commitments, effective at the next AGM.
Nassef Sawiris plans $50 billion U.S. infrastructure bet as Orascom shifts focus from Europe to Gulf and America.