Egyptian billionaire Naguib Sawiris to invest in Iraq real estate
Sawiris is venturing into Iraq’s real estate development sector after nearly two decades of focusing on the communications sector.
Naguib Sawiris
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 telecom sector.
Egyptian billionaire Naguib Sawiris faces $140-million setback in net worth
The recent pullback in the wealth figures comes after Sawiris recorded a $1.01-billion bump in his fortune between Jan. 1 and June 19.
Egypt’s second-richest man Naguib Sawiris hits new milestone as net worth soars past $6 billion
Sawiris’ net worth has risen from $5.1 billion on Jan. 1 to an impressive $6.11 billion at the time of drafting this report.
Naguib Sawiris’ Orascom Investment delivers strong $3.5 million profit in Q1 2023
Orascom Investment Holding was established in 2011 under the leadership of Egyptian billionaire Naguib Sawiris
Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan
The announcement came during a meeting between Egypt’s second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.
Egypt’s second-richest man Naguib Sawiris suffers $110 million loss in just nine days
Sawiris, Egypt’s second-richest billionaire, faces a net-worth decline amid subdued gold prices.
Egyptian billionaire Naguib Sawiris supports brother’s decision to relocate investments to Saudi Arabia
Naguib Sawiris has defended his brother Samih’s statements on the difficulty of doing business in Egypt.
Naguib Sawiris’ Orascom Investment, BluEV join forces to revolutionize global transport industry
Sawiris emphasized that the partnership provides a viable solution to transform the transport sector in Egypt and the region.
Naguib Sawiris rakes in $110 million, YTD gains top $813 million
Sawiris owns a 70-percent stake in La Mancha Resources, a closely held company that invests in gold assets.
Egyptian billionaire Naguib Sawiris’ net worth skyrockets to $5.8 billion
Sawiris predominantly holds his wealth in cash and closely held assets.
Egyptian billionaire Naguib Sawiris moves money to J.P. Morgan after Silicon Valley Bank’s collapse
Although Sawiris has no direct exposure to Silicon Valley Bank, his invested companies do.
London-based Chestertons enters Egypt market via partnership with Naguib Sawiris’ Gemini
Gemini is a real estate developer that is part of Ora Developers.
Sawiris family, Egypt’s richest, suffers $800 million net worth loss in 2022
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
Egyptian billionaire Naguib Sawiris eyes new investments in Pakistani markets
Sawiris is one of the richest billionaires in Africa and the second-richest man in Egypt.
Egyptian billionaire Naguib Sawiris’ Orascom recovers sharply as profit soars above $10 million
Orascom Investment Holding maintains investments in the telecom, media, and technology sectors.