Egyptian billionaire Samih Sawiris’ company to construct Africa’s largest skate park
Construction of Africa’s largest skate park is slated to commence later this year, with the grand opening scheduled for 2025.
Samih Sawiris
Egyptian billionaire Samih Sawiris’ firm posts $63.5 million in profit in 2023
Despite Sawiris’ decision to step down as chairman in December 2021, the company continues to thrive, setting new benchmarks in the 2023 fiscal year.
Egyptian billionaire Samih Sawiris’ firm posts $631 million in revenue in 2023
Orascom Development Egypt, majority owned by Orascom Development Holding, operates within the orbit of businesses associated with the Sawiris family.
UAE-based firm linked to Samih Sawiris nears 90-percent acquisition of OFH in $137.5-million deal
Sawiris owns a 9.2-percent stake in UAE-based investment firm, B Investments.
Egyptian billionaire Samih Sawiris plans major tourism investment in Saudi Arabia
Sawiris’ foray into the Saudi Arabian tourism market follows a series of successful ventures in other countries.
Egyptian billionaire Naguib Sawiris supports brother’s decision to relocate investments to Saudi Arabia
Naguib Sawiris has defended his brother Samih’s statements on the difficulty of doing business in Egypt.
Samih Sawiris shifts focus to Saudi Arabia, puts new investments in Egypt on hold
Sawiris, along with his brothers Nassef and Naguib Sawiris, is one of Egypt’s wealthiest businessmen.
Egyptian billionaire Samih Sawiris leads $385-million investment to transform Morocco’s hospitality industry
Sawiris is a leading Egyptian billionaire and a member of the wealthy Egyptian Sawiris family.
Sawiris family, Egypt’s richest, suffers $800 million net worth loss in 2022
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
Meet four African billionaires who may no longer be billionaires by 2023
Among them is Zimbabwe’s richest man Strive Masiyiwa, the world’s 2,257th wealthiest person.
Egyptian businessman Samih Sawiris on verge of losing ‘billionaire’ status
The Egyptian billionaire has seen a steady decline in his wealth since 2008.
Led by Egyptian billionaire Sawiris family, Orascom Development reports $17.9 million in profit in Q1 2022
Orascom Development offers a portfolio of world-class destinations around the world.
U.S. resort firm, Vail, acquires majority stake in Swiss resort firm linked to Egyptian billionaire Samih Sawiris
Switzerland-based mountain resort company, ASA is majority-owned by Samih Sawiris.
Egyptian real estate tycoon Samih Sawiris steps down as chairman of Orascom Development Holding
He will be exiting the position after almost 30 years at the company’s helm.
Real estate magnate Samih Sawiris proposes fund to ignite Egypt-Oman relations
Sawiris also proposed to establish an umbrella organization to support businessmen from the two countries.
Samih Sawiris’ Orascom seeks to build rail line linking Egypt and Sudanese capital of Khartoum
The Egyptian Transport Ministry has unveiled a plan to introduce a rail line linking Alexandria and Khartoum.