Naguib Sawiris
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…
CBE governor responds to Sawiris ‘stalling’ claims in CI Capital row
Business
March 28, 2016
CBE governor responds to Sawiris ‘stalling’ claims in CI Capital row
The governor of the Central Bank of Egypt (CBE) has responded to claims from businessman Naguib Sawiris that the CBE…
Egypt’s Sawiris says CI Capital acquisition stalled by security
Business
March 27, 2016
Egypt’s Sawiris says CI Capital acquisition stalled by security
Egyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed…
Sawiris eyes EU50 bn bank in Luxembourg
Business
March 8, 2016
Sawiris eyes EU50 bn bank in Luxembourg
Egyptian businessman Naguib Sawiris plans to invest 50 million euros (US$55 million) to set up a bank in Luxembourg specializing…
CIB accepts billionaire Sawiris’s bid to buy CI Capital, Egypt’s stock market rises
Business
February 15, 2016
CIB accepts billionaire Sawiris’s bid to buy CI Capital, Egypt’s stock market rises
The Egyptian stock market's benchmark index EGX 30 rose by around 0.95 percent, reaching 5,808 points in the first 15…
Egypt’s OTMT approves final offer for CI Capital
Business
February 11, 2016
Egypt’s OTMT approves final offer for CI Capital
Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of…
Egypt’s Orascom Construction wins $420 mn power plant contract
Business
January 11, 2016
Egypt’s Orascom Construction wins $420 mn power plant contract
Egypt's Orascom Construction has been awarded a $420 million contract to revamp two government-owned power stations, the company said on…
Pro-state parliament coalition has bad intentions: Sawiris
Egypt
December 16, 2015
Pro-state parliament coalition has bad intentions: Sawiris
Plans for a majority alliance of more than 400 members in Egypt’s 568-seat House of Representatives are ridden with “bad…