Naguib Sawiris

Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of…

Egypt's Orascom Construction has been awarded a $420 million contract to revamp two government-owned power stations, the company said on…

Plans for a majority alliance of more than 400 members in Egypt’s 568-seat House of Representatives are ridden with “bad…

Egyptian business tycoon Naguib Sawiris described Turkey’s downing of a Russian fighter jet that allegedly invaded its airspace near its…

Orascom Telecom Media and and Technology (OTMT) has dismissed news reports claiming that its North Korean subsidiary, Cheo Technology (Koryolink),…

Business mogul Naguib Sawiris has announced that he is willing to sell his 20 percent share in independent daily Al-Masry…

An Egyptian billionaire's offer to buy an island for refugees is closer to becoming reality.

Egyptian telecom and construction billionaire Naguib Sawiris has said that the real challenge to his bid to buy a Mediterranean…

A businessman from the Maldives has offered his family’s island to Egyptian billionaire Naguib Sawiris, who declared last week he…

One of Egypt's wealthiest businessmen said he had not invested any of the $500 million he pledged to his country…