Orascom Development Egypt extends Makadi Heights project with significant Tourism Development Authority agreement, enhancing its tourist destination status.
Samih Sawiris
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FTI has set up a hotline and website to assist customers, announcing that all trips starting June 4 will either be canceled …
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The $40 million transaction includes the entire share capital of RAK, which holds leasehold rights to The Cove Rotana Hotel, a 349-room …
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The double-digit growth in Q1 2024 is attributed to accelerated construction activity across its various destinations and improved performance across all its …
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Construction of Africa’s largest skate park is slated to commence later this year, with the grand opening scheduled for 2025.
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Despite Sawiris’ decision to step down as chairman in December 2021, the company continues to thrive, setting new benchmarks in the 2023 …
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Orascom Development Egypt, majority owned by Orascom Development Holding, operates within the orbit of businesses associated with the Sawiris family.
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UAE-based firm linked to Samih Sawiris nears 90-percent acquisition of OFH in $137.5-million deal
Sawiris owns a 9.2-percent stake in UAE-based investment firm, B Investments.
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Sawiris’ foray into the Saudi Arabian tourism market follows a series of successful ventures in other countries.
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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.