Egyptian billionaire Naguib Sawiris dominated Egypt’s bourse in 2015, with the key acquisition in the financial services …
Naguib Sawiris
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Egypt News
Sisi’s Long Live Egypt Fund receives $767 million commitments
by Yomna Yasserby Yomna YasserThe Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national …
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EGX
CIB-Sawiris deal drives Egypt stocks to end week with $664mn gains
by Yomna Yasserby Yomna YasserEgypt’s stocks ended the trading week with gains worth 5.2 billion Egyptian pounds (US$ 664 million) after …
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Banks
BREAKING : CIB sells CI Capital to Sawiris’ Orascom Telecom for $128mn
by Noha Gadby Noha GadEgyptian Commercial International Bank (CIB) has agreed Thursday on Orascom Telecom and Media Technology’s offer (OTMT) to …
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Egyptian Billionaire Naguib Sawiris submitted an offer estimated at one billion Egyptian pounds (US$127.7 million) to seize …
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Egypt News
Sawiris: solving fuel crisis tops Sisi’s economic achievements
by Yomna Yasserby Yomna YasserSolving the energy and shortages was one of Egyptian President Abdel Fattah al-Sisi’s biggest economic achievements, said …
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Egypt News
Egyptian tycoon Sawiris in Moscow to ‘give respect’ to Russian plane victims
by Yomna Yasserby Yomna YasserAs being a founding member in the Free Egyptian Party, Egyptian business tycoon Naguib Sawiris is heading …
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Industry & Trade
Sawiris’ OTMT unit to take part in building solar plant in Upper Egypt
by Yomna Yasserby Yomna YasserEgypt-based Orascom Telecom Media and Technology’s fully owned subsidiary O Capital for Energy signed this week a …
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Industry & Trade
Sawiris conglomerate: From small Upper Egypt business to world’s billionaires lists
by Yomna Yasserby Yomna YasserA father and his three sons have made their way to being listed among the ten richest …
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Turns out it is really hard for foreign investors to make money in North Korea. Who could have …