El Gouna

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…
Samih Sawiris plays piano with Swiss Orchestra at Cairo Opera House
Music

Samih Sawiris plays piano with Swiss Orchestra at Cairo Opera House

Egyptian tycoon businessman Samih Sawiris will play the piano at two concerts will be performed by the Swiss Symphony Orchestra…
Opera Aida to perform at el-Gouna on October 13
Culture

Opera Aida to perform at el-Gouna on October 13

The Red Sea Governor Amr Hanafi announced that Opera Aida in partnership with Orascom Hotels and Development will be performing…
Hurghada hotels are ‘full’ on the second day of the Eid holiday
Business

Hurghada hotels are ‘full’ on the second day of the Eid holiday

  Most of the hotels and tourist villages “of various classifications” recorded occupancy rate of about 100 percent from domestic…
Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany
Egypt

Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany

Egyptian billionaire Samih Sawiris has acquired the German subsidiary of the global tour operator and travel company Thomas Cook through…
Samih Sawiris lays foundation stone of Gouna Cultural Center
Egypt

Samih Sawiris lays foundation stone of Gouna Cultural Center

Samih Sawiris, chairman of Orascom Development Holding, laid the foundation stone for the El Gouna Convention and Cultural Center as…
Forbes: Billionaire Sawiris’ net worth soars to $7.9 billion
Egypt

Forbes: Billionaire Sawiris’ net worth soars to $7.9 billion

Forbes updated Nassef Sawiris’ net worth to record US$7.9 billion after it witnessed a significant $1.5 billion rise over the…
Thomas Cook set to launch new hotels in Egypt
Egypt

Thomas Cook set to launch new hotels in Egypt

The leading holiday company Thomas Cook revealed in an official statement that it will launch two new hotels, Cook’s Club…
Massive new concert hall set to transform El Gouna into a cultural hub
Egypt

Massive new concert hall set to transform El Gouna into a cultural hub

Egypt’s El Gouna will witness a dazzling cultural breakthrough with the inauguration of a 30,000 square-meter concert hall. The project…
Egypt’s Nassef Sawiris grants US$6 mn for Executive Education program in El Gouna
Egypt

Egypt’s Nassef Sawiris grants US$6 mn for Executive Education program in El Gouna

Egypt’s famed billionaire Nassef Sawiris along with the Sawiris Foundation gifted the University of Chicago Booth School of Business a…
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