Naguib Sawiris

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…
Sawiris withdraws from Canadian telecommunications market
Egypt

Sawiris withdraws from Canadian telecommunications market

Businessman Naguib Sawiris has announced that after the Candian government blocked his takeover of a Canadian fiber-optic network, he will…
The Return Of Egypt’s Elite
Business

The Return Of Egypt’s Elite

Those who were punished under Mohammed Morsy are getting their own back.The chief executive of Egypt’s biggest construction company, Orascom…
Sawiris: Egyptians won’t be terrorized by Brotherhood
Egypt

Sawiris: Egyptians won’t be terrorized by Brotherhood

Business tycoon Naguib Sawiris has said that the Muslim Brotherhood “will not be able to terrorize the Egyptian people” as…
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