Sawiris family

Egypt and Lebanon top Forbes’ list of Arab billionaires for 2021
Business

Egypt and Lebanon top Forbes’ list of Arab billionaires for 2021

Forbes Magazine revealed that Egypt and Lebanon are the homes of the wealthiest Arab billionaires for 2021. The magazine’s annual…
Sawiris family head, billionaire Onsi, dies at age 91
Egypt

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…
Orascom Construction reverses full year loss with Q1 $23 mln net profit
Business

Orascom Construction reverses full year loss with Q1 $23 mln net profit

Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million…
Nassif Sawiris acquires remarkable share in Irish C&C Group
Business

Nassif Sawiris acquires remarkable share in Irish C&C Group

Egyptian businessman Nassef Sawiris has acquired shares worth 22.4 million pounds in Irish alcoholics maker C&C Group, garnering him a…
OCI transition to Dutch company moves forward
Business

OCI transition to Dutch company moves forward

Orascom Construction Industries announced Wednesday that a majority of its shareholders had agreed to transfer their shares to a Dutch-based…
Land rights, labor and violence in a Cairo slum
Egypt

Land rights, labor and violence in a Cairo slum

The death of five-year-old Amar Mohammed Salah as fire tore through his shack in Boulaq, a central-Cairo slum on 27…
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