With a current net worth of $5.45 billion, Sawiris stands as a prominent figure in the Arab world and ranks among the …
Naguib Sawiris
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Naguib Sawiris has seen his wealth figures slump by $350 million over the past 49 days, translating to an average loss of …
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With a net worth of $5.61 billion, Sawiris ranks as Egypt’s second-richest individual.
- Hot News
Egyptian billionaire Naguib Sawiris’ Orascom Investment sells Brazilian subsidiaries for $17.8 million
Orascom Investment Holdings, which is controlled by Sawiris, will use the proceeds to develop tourist destinations.
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Sawiris primarily holds his wealth in cash and closely held assets, amassed from the sale of his stake in Russian telecom company …
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This year-to-date surge marks a positive turn for Sawiris, considering his had fallen below $5 billion in the latter part of last …
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The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.
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Sawiris is venturing into Iraq’s real estate development sector after nearly two decades of focusing on the communications sector.
- North Africa
Egyptian billionaire Naguib Sawiris to launch real estate project in Iraq, expanding reach across MENA region
Sawiris’ decision to invest in Iraq’s real estate development marks a significant move nearly two decades after his investment in the country’s …
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The recent pullback in the wealth figures comes after Sawiris recorded a $1.01-billion bump in his fortune between Jan. 1 and June …