Onsi Sawiris
Sawiris family head, billionaire Onsi, dies at age 91
Egypt
June 29, 2021
Sawiris family head, billionaire Onsi, dies at age 91
The Head of the Coptic General Authority (CGA) Sherif Doss announced on his Facebook page the death of business tycoon…
Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany
Egypt
December 6, 2019
Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany
Egyptian billionaire Samih Sawiris has acquired the German subsidiary of the global tour operator and travel company Thomas Cook through…
Orascom denies settlement with government
Business
March 24, 2013
Orascom denies settlement with government
Statements by Finance Minister al-Morsy Hegazy and the Real Estate Tax Authority over negotiations with Orascom Construction Industries to end…
Orascom may pay blns to reconcile with Tax Authority
Egypt
March 14, 2013
Orascom may pay blns to reconcile with Tax Authority
Orascom Construction Industries may have reconciled with the Tax Authority by agreeing to pay LE6 billion in back taxes,…
Market falters for second day, loses LE5.2 billion
Business
March 5, 2013
Market falters for second day, loses LE5.2 billion
The main index of the Egyptian stock market fell 2.49 percent Tuesday, the second consecutive day of heavy losses for…
Market falls amid OCI travel ban, new regulations
Business
March 4, 2013
Market falls amid OCI travel ban, new regulations
The main index of the Egyptian stock market fell by a whopping 2.30 percentage points on Monday, the biggest losses…
Orascom: Disputed taxes LE4.7 billion, no travel ban for Sawiris
Egypt
March 4, 2013
Orascom: Disputed taxes LE4.7 billion, no travel ban for Sawiris
Orascom Constructions Industries said on Monday that the amount of taxes in dispute over the sale of Orascom Cement to…
Egypt bans OCI founder, chairperson from travel
Business
March 3, 2013
Egypt bans OCI founder, chairperson from travel
The prosecutor general’s office placed a travel ban on the founder of Orascom Constructions Industries Onsi Sawiris and his son,…