Naguib Sawiris
Naguib Sawiris urges significant devaluation of the Egyptian pound
Business
February 1, 2024
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 denies post attributed to him about Egypt’s presidential elections
Egypt
June 27, 2023
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…
Naguib Sawiris defends brother’s move to suspend investment in Egypt
Business
May 10, 2023
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…
Naguib Sawiris criticizes ‘Ramez Never Ends’
Cinema/TV
March 26, 2023
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…
Sawiris family tops Arab world’s billionaires Forbes list
Egypt
January 5, 2023
Sawiris family tops Arab world’s billionaires Forbes list
The year 2022 did not pass unnoticed for the Arab region, especially for oil-importing countries such as Egypt and Lebanon.…
Sawiris considers investing US$100 million in Morocco
Egypt
October 23, 2022
Sawiris considers investing US$100 million in Morocco
The CEO of Orascom Investment Holding Naguib Sawiris expressed his readiness to pump US$100 million into Morocco if the appropriate…
Sawiris plans to establish four new hotels in Egypt
Economy
October 6, 2022
Sawiris plans to establish four new hotels in Egypt
Egyptian billionaire Naguib Sawiris plans to establish four hotels in Egypt, with investments ranging between US$200 and $300 million through…
Sawiris sells his share in Beltone to Emirati Chimera Investments
Business
August 18, 2022
Sawiris sells his share in Beltone to Emirati Chimera Investments
The board of directors of Orascom Financial Holding, whose main shareholder is Egyptian business tycoon Naguib Sawiris, has agreed to…
Video: Naguib Sawiris performs DJ role at a Zamalek restaurant
Egypt
June 20, 2022
Video: Naguib Sawiris performs DJ role at a Zamalek restaurant
Egyptian billionaire Naguib Sawiris sparked wide controversy on social media platforms, after he performed the role of DJ at an…
In light of Ukraine crisis, Naguib Sawiris implores Egypt’s government to buy more wheat
Egypt
February 22, 2022
In light of Ukraine crisis, Naguib Sawiris implores Egypt’s government to buy more wheat
Egyptian businessman Naguib Sawiris appealed to the Ministry of Supply to buy and store more quantities of wheat in light…