Cairo Criminal Court ordered the acquittal on Tuesday of Mubarak-era business tycoon Hussein Salem of money-laundering charges …
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Egypt News
Egypt’s court acquits tycoon Hussein Salem in gas export corruption case
by Yomna Yasserby Yomna YasserAn Egyptian criminal court upheld on Thursday the acquittal of Mubarak-era business tycoon Hussein Salem on charges …
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Egypt News
Sawiris faction in Free Egyptians Party announces high committee elections results
by Yomna Yasserby Yomna YasserThe independent committee supervising and monitoring the parallel internal elections held by the Sawiris faction of the …
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Essam Khalil has been re-elected as head of the Free Egyptians Party by a quorum of members, …
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Egypt News
Cairo court orders arrest of steel tycoon Ezz on corruption charges
by Yomna Yasserby Yomna YasserA Cairo Criminal court has ordered the arrest of Egyptian steel tycoon Ahmed Ezz and former chairman …
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Egypt News
Egypt requests unfreezing of Hussein Salem’s assets abroad after reconciliation
by aya salahby aya salahEgypt’s prosecutor-general sent on Tuesday a request to judicial authorities in three countries to unfreeze the assets …
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Egypt News
Egyptian tycoon Sawiris sold ONTV over lack of profits, will invest heavily in Promomedia
by aya salahby aya salahBusiness tycoon Naguib Sawiris said Tuesday that the sale of satellite TV channel ONTV resulted from failed …
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Emirati tycoon, Mohamed Alabbar unveils that his company, Emaar Misr, is willing to consider new investments opportunities …
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Orascom Construction Limited, owned by Egyptian tycoon Nassef Sawiris, reported $ 334.4 million loss according to its …
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Egyptian Billionaire Naguib Sawiris submitted an offer estimated at one billion Egyptian pounds (US$127.7 million) to seize …