Naguib Sawiris

Sawiris suggests govt’s counter-Brotherhood strategy inefficient
Egypt

Sawiris suggests govt’s counter-Brotherhood strategy inefficient

Egypt’s telecom tycoon Naguib Sawiris has criticized what he called the “inefficiency” of the government’s strategy in handling its Muslim Brotherhood opponents,…
Naguib Sawiris approves construction of new projects
Business

Naguib Sawiris approves construction of new projects

Naguib Sawiris of Orascom Telecom Media and Technology Holding (OTMT) has approved construction of other new companies as well as…
Egypt’s Orascom launches submarine cable service to connect Europe, Africa and Asia
Business

Egypt’s Orascom launches submarine cable service to connect Europe, Africa and Asia

Egypt's Orascom Telecom Media and Technology (OTMT) announced Thursday the launch of the MENA Cable service, its fiber optic submarine…
Final decision on Nassef Sawiris’ dispute with Tax Authority postponed to 4 November
Egypt

Final decision on Nassef Sawiris’ dispute with Tax Authority postponed to 4 November

Orascom Construction Industries (OCI) announced that the final decision regarding the tax appeal submitted by the company to the tax…
Hermes board of directors considers Sawiris’s offer
Business

Hermes board of directors considers Sawiris’s offer

The Board of Directors of EFG Hermes Holding S.A.E convened to discuss the voluntary tender offer that has been submitted…
Orascom Construction Industries acquitted of Tax Evasion
Business

Orascom Construction Industries acquitted of Tax Evasion

OCI NV announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s Egyptian subsidiary, Orascom Construction Industries SAE…
Egypt’s Sawiris plans bid for TIM Brasil to avoid breakup – paper
Business

Egypt’s Sawiris plans bid for TIM Brasil to avoid breakup – paper

Egyptian billionaire Naguib Sawiris plans to bid for Brazilian wireless carrier TIM Participações SA (TIMP3.SA), according to a newspaper interview…
A new Sawiris award in poetry named after Negm
Culture

A new Sawiris award in poetry named after Negm

Businessman Naguib Sawiris announced adding a poetry category to his annual Sawiris Literature Award, to be named after late great…
Sawiris: I support Sisi for president, without him we will face disaster
Egypt

Sawiris: I support Sisi for president, without him we will face disaster

Business tycoon Naguib Sawiris says he supports Defense Minister Abdel Fattah al-Sisi for president, pointing out that the vote on…
Some consider revolution ‘license for chaos,’ Sawiris claims
Egypt

Some consider revolution ‘license for chaos,’ Sawiris claims

Business tycoon Naguib Sawiris said some in Egypt have seen the 2011 revolution as a "license for chaos," during a…
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