Billionaire Naguib Sawiris wants to run some of Egypt's airports
Orascom Investment is forming a consortium with a global airport operator to bid for some of the 11 Egyptian airports going to private hands.
Orascom Investment Holding
Egyptian billionaire Naguib Sawiris takes the chair at Orascom Investment and lends it $10 million
Naguib Sawiris has become chairman of Orascom Investment Holding, whose shareholders approved a loan of up to $10 million from its principal owner.
Egyptian billionaire Naguib Sawiris pours another $10 million into the Giza pyramids revamp
Naguib Sawiris is adding about $10 million to his Giza pyramids overhaul, funding 30 electric buses and a 15,000-seat sports pavilion.
Billionaire Naguib Sawiris says Iran's attacks on the UAE are a war against freedom and progress
Egyptian billionaire Naguib Sawiris says Iran's attacks on the UAE go beyond military strikes and target freedom and a way of life.
Egyptian billionaire Naguib Sawiris expands Orascom's gold mine investments to $1.5 billion
Billionaire Naguib Sawiris expands Orascom's gold investments to $1.5 billion amid rising global demand from China and Russia.
Egyptian billionaire Naguib Sawiris’ net worth bounces back above $6 billion
The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.
Egyptian billionaire Naguib Sawiris to launch real estate project in Iraq, expanding reach across MENA region
Sawiris’ decision to invest in Iraq’s real estate development marks a significant move nearly two decades after his investment in the country’s telecom sector.
Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan
The announcement came during a meeting between Egypt’s second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.
Egyptian billionaire Naguib Sawiris’ Orascom recovers sharply as profit soars above $10 million
Orascom Investment Holding maintains investments in the telecom, media, and technology sectors.
Egyptian billionaire Naguib Sawiris’ Orascom approves $79-million loan by North Korea-based unit
Orascom Investment Holding maintains investments in the telecom, media, and technology sectors.
Egyptian billionaire Naguib Sawiris’ Orascom plans to establish four new hotels in Egypt
Orascom Investment Holding reported a consolidated profit of $4.83 million in the first half of 2022.
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.