Naguib Sawiris
Egypt tycoon Naguib Sawiris says to speak up on political return
Egypt
February 15, 2017
Egypt tycoon Naguib Sawiris says to speak up on political return
Egyptian billionaire Naguib Sawiris said on Tuesday that he is returning to politics to press for more freedoms in the…
Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches
Business
January 30, 2017
Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches
Egyptian business tycoon Naguib Sawiris is eyeing major investments for a US$235 million real estate project on the coast of Ayia…
Naguib Sawiris 7th richest billionaire in Africa, second in Egypt
Egypt
January 12, 2017
Naguib Sawiris 7th richest billionaire in Africa, second in Egypt
Forbes magazine reported Tuesday that business mogul Naguib Sawiris is Egypt's biggest winner in 2016 as his net fortune increased…
Egyptian billionaire Sawiris in surprise exit as Orascom CEO
Business
December 5, 2016
Egyptian billionaire Sawiris in surprise exit as Orascom CEO
Egyptian billionaire Naguib Sawiris has resigned as chief executive officer of Orascom and his deputy Tamer El Mahdi has been…
Egypt deports popular Lebanese political talk show host
Egypt
June 28, 2016
Egypt deports popular Lebanese political talk show host
Egypt on Monday arrested and deported popular talk show host Liliane Daoud, security and airport sources said, hours after the…
Egypt’s CIB and Beltone drop plans for CI Capital sale
Business
June 9, 2016
Egypt’s CIB and Beltone drop plans for CI Capital sale
Egypt's Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone Financial after failing…
Egypt’s CIB approves extension for Beltone Financial’s offer for CI Capital
Business
April 28, 2016
Egypt’s CIB approves extension for Beltone Financial’s offer for CI Capital
Egypt's Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to acquire its subsidiary CI…
Egyptian court ruling allows CI Capital deal with Beltone
Business
April 21, 2016
Egyptian court ruling allows CI Capital deal with Beltone
A Cairo Court ruled in favour of Commercial International Bank (CIB) on Wednesday, pushing through the sale of shares in…
Egypt’s Beltone says still pursuing CI Capital acquisition
Business
April 15, 2016
Egypt’s Beltone says still pursuing CI Capital acquisition
Egypt's Beltone Financial will pursue its acquisition of CI Capital, the investment banking arm of the country's largest-listed bank, despite…
Sawiris: Army’s control on market does not affect businessmen
Egypt
April 2, 2016
Sawiris: Army’s control on market does not affect businessmen
The notable Egyptian businessman Naguib Sawiris has supported the economic role played by the army, yet expressed concerns that this…