Egypt needs to allure investments worth 200 billion Egyptian pounds (around $28 billion) per year to revive …
Tag:
Nassef Sawiris
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In a week, Egypt’s stock Exchange (EGX) gained 15.3 billion Egyptian pounds. In addition, the country’s main …
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Industry & Trade
Orascom Construction Industries, UAE’s IPIC to Develop Power Plant in Egypt
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCI) is planning to jointly built a coal-fired power plant in Egypt in partnership …
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Industry & Trade
UPDATE: Nassef Sawiris Plans ‘Huge’ Investments in Egypt after Tax Victory
by Yomna Yasserby Yomna YasserFollowing the resolution of a tax dispute with Egypt’s tax authority, Egyptian billionaire Nassef Sawiris said on …
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Industry & Trade
BREAKING: Orascom Construction Industries Wins Tax Battle with Egypt Authorities
by Yomna Yasserby Yomna YasserThe ongoing tax dispute between Orascom Construction Industries (OCI S.A.E.) ends in favour of OCI Company, parent …
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Industry & Trade
Egyptian Tycoon Naguib Sawiris Blames ‘Cowardly’ Minister for Tax Dispute
by Yomna Yasserby Yomna YasserIn a television interview Monday night, Egyptian billionaire Naguib Sawiris slammed the government’s handling of his brother …
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Industry & Trade
Egypt Court to Rule in Sawiris Tax Dispute in October: OCI
by Yomna Yasserby Yomna YasserAn Egyptian court will issue a final ruling on Oct. 28 that may clear Nassef Sawiris, billionaire …
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Industry & Trade
Egyptian Court Ratifies Tycoon Nassef Sawiris’ 3-Year Jail Sentence
by Yomna Yasserby Yomna YasserAn Egyptian misdemeanour court ratified Sunday a court order sentencing billionaire construction tycoon Nassef Sawiris to three …
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Industry & Trade
Glimpse of Egypt Stability Enough for Some Investors to Resume Deals
by Yomna Yasserby Yomna YasserFrom small business to billionaires, a vanguard of Egypt’s entrepreneurs is starting to bet that the economy …
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Egyptian Billionaire Nassef Sawiris plans to return a part of his business to Egypt amid growing demand …