Orascom Construction is a leading global engineering and construction contractor founded by the late Egyptian industrialist Onsi Sawiris.
Sawiris' stake in Adidas, the largest sportswear company in Europe, accounts for the bulk of his $6.69-billion fortune.
Egypt’s richest man Nassef Sawiris saw his net worth shed $130 million in 2021.
The complex will include a research wing, clinics, operation theaters, pharmacies, an administrative block, laboratories and accommodation.
Founded in 1950 by late Egyptian tycoon Onsi Sawiris, Orascom Construction is an Egypt-based engineering and construction giant.
Sawiris derives the majority of his wealth from his stake in Adidas.
Orascom Construction is a leading global engineering and construction contractor.
Since the year began, his net worth has declined by $44.2 million, or seven basis points.
OCI N.V. is a leading nitrogen and hydrogen product manufacturer and distributor.
The decline can be linked to a slump in Adidas' shares, as investors sell off their positions in the company.
