Orascom Construction, led by Sawiris family, achieves major milestone in Egypt as part of consortium
Orascom Construction is 51.8 percent owned by the Sawiris family.
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Orascom Construction is 51.8 percent owned by the Sawiris family.
Orascom Construction is majority-owned by the Sawiris family through their private investment vehicle OS Private Trust Company.
Orascom Construction is a Cairo-based multinational engineering and construction firm.
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
The two families rank first and third, respectively.
Through OS Private Trust Company, the billionaire Sawiris family owns 51.8 percent of the Egypt-based contractor.
OFH was founded in 1997 by the late Onsi Sawiris, a member of Egypt’s billionaire Sawiris family.
It is unclear how much of the 59.22 percent stake held by Orascom Financial Holding, a firm led by the billionaire Sawiris family, was acquired during the transaction.
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Sawiris owns 28.97 percent of Orascom Construction.
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
Orascom Development offers a portfolio of world-class destinations around the world.
The billionaire Sawiris family controls 51.8 percent of the Egypt-based contractor through OS Private Trust Company.
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