business tycoon

Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries
Business

Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries

  Beltone Financial, one of Egypt’s largest investment banks affiliated with business tycoon Naguib Sawiris, said on Sunday that the…
Mubarak-era business tycoon acquitted of money laundering charges
Egypt

Mubarak-era business tycoon acquitted of money laundering charges

Cairo Criminal Court acquitted Mubarak-era energy business tycoon Hussein Salem along with his son and daughter on Tuesday, in their…
Spanish court refuses to reduce Salem’s bail
Egypt

Spanish court refuses to reduce Salem’s bail

A Spanish court has rejected a request by fugitive Egyptian business tycoon Hussein Salem to reduce his bail of five…
Hussein Salem should be kept under house arrest, says Spain’s attorney general
Egypt

Hussein Salem should be kept under house arrest, says Spain’s attorney general

Spain's attorney general has asked that Egyptian business tycoon Hussein Salem be kept under house arrest, event after he pays…
Spain investigates how Hussein Salem obtained citizenship
Egypt

Spain investigates how Hussein Salem obtained citizenship

An Egyptian source following the Spanish government's investigations into Egyptian business tycoon Hussein Salem said it is investigating whether Hussein…
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