Sawiris owns a 70-percent stake in La Mancha Resources, a closely held company that invests in gold assets.
La Mancha Holdings
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Sawiris predominantly holds his wealth in cash and closely held assets.
- Hot News
Egyptian billionaire Naguib Sawiris’ La Mancha moves to invest $10 million in graphite mining firm
The cash proceeds invested by La Mancha will be deployed by SRG to develop its Lola graphite project in Guinea.
- Hot News
Egyptian billionaire Naguib Sawiris unveils new mining fund, La Mancha Fund SCSp
by Ishioma Emiby Ishioma EmiThe fund will be dedicated primarily to gold mining.
- North Africa
Sawiris family moves to expand further in Egypt’s gold sector
by Ishioma Emiby Ishioma EmiA deal between AKH Gold and Egypt’s Petroleum and Mineral Resources Ministry will increase the Sawiris’ stake in the gold sector.
- North Africa
$200-million stock deal deepens Sawiris family interest in global gold market
by Ishioma Emiby Ishioma EmiLa Mancha Holdings announced the closing of a $159-million subscription to the shares of Endeavour Mining Corporation.