Search Results for: Sawiris

Sawiris’ largest company in Europe files for bankruptcy
Main Slider

Sawiris’ largest company in Europe files for bankruptcy

FTI Group, the third-largest tour operator in Europe, has filed for bankruptcy with the Munich District Court. The company, majority-owned…
Naguib Sawiris urges significant devaluation of the Egyptian pound
Business

Naguib Sawiris urges significant devaluation of the Egyptian pound

Egyptian billionaire Naguib Sawiris criticized the delay in implementing the long-awaited devaluation of the Egyptian pound, proposing that authorities match…
Naguib Sawiris to invest US$150 million to replace tuk-tuks in Egypt with electric vehicles
Egypt

Naguib Sawiris to invest US$150 million to replace tuk-tuks in Egypt with electric vehicles

Egyptian billionaire Naguib Sawiris announced in December that he is currently working on a project to replace existing tuk-tuks, which…
Naguib Sawiris clarifies brother’s move transferring family office to UAE capital
Egypt

Naguib Sawiris clarifies brother’s move transferring family office to UAE capital

Following Nassif Sawiris’s recent decision to relocate his investment management to the Emirates, his brother, Egyptian businessman Naguib Sawiris, clarified…
Naguib Sawiris raises attention after tweeting solution for public sector losses
Egypt

Naguib Sawiris raises attention after tweeting solution for public sector losses

Egyptian businessman Naguib Sawiris turned heads after a tweet he posted regarding the solution he sees for the losses of…
Naguib Sawiris denies post attributed to him about Egypt’s presidential elections
Egypt

Naguib Sawiris denies post attributed to him about Egypt’s presidential elections

Egyptian billionaire Naguib Sawiris denied a post circulated on social media claiming that he is more deserving of position as…
Egyptian billionaire Samih Sawiris to invest in mega tourism project in Saudi Arabia’s Red Sea
Egypt

Egyptian billionaire Samih Sawiris to invest in mega tourism project in Saudi Arabia’s Red Sea

Egyptian billionaire Samih Sawiris announced plans to start investments in Saudi Arabia during the second half of this year. “I…
Naguib Sawiris defends brother’s move to suspend investment in Egypt
Business

Naguib Sawiris defends brother’s move to suspend investment in Egypt

Egyptian billionaire Naguib Sawiris defended his brother Samih Sawiris following outrage after Samih announced he would suspend his investment in…
Samih Sawiris eyes tourism investment in Saudi Arabia
Business

Samih Sawiris eyes tourism investment in Saudi Arabia

Egyptian billionaire Samih Sawiris, founder of Orascom Development Egypt, has started negotiations with Saudi parties to invest in the Saudi…
Naguib Sawiris criticizes ‘Ramez Never Ends’
Cinema/TV

Naguib Sawiris criticizes ‘Ramez Never Ends’

Egyptian billionaire Naguib Sawiris criticized Ramez Galal‘s latest prank show, “Ramez Never Ends”, slamming it as “ridiculous.” “A ridiculous and…
Back to top button