The recent pullback in the wealth figures comes after Sawiris recorded a $1.01-billion bump in his fortune between Jan. 1 and June …
Naguib Sawiris
-
- Hot News
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 …
-
Orascom Investment Holding was established in 2011 under the leadership of Egyptian billionaire Naguib Sawiris
-
The announcement came during a meeting between Egypt’s second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.
-
Sawiris, Egypt’s second-richest billionaire, faces a net-worth decline amid subdued gold prices.
- Hot News
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.
- North Africa
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.
-
Sawiris owns a 70-percent stake in La Mancha Resources, a closely held company that invests in gold assets.
-
Sawiris predominantly holds his wealth in cash and closely held assets.
- Hot News
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.