 |
Egypt's Sawiris starts work on $246m Cyprus projectEgyptian investor Naguib Sawiris has joined hands with Cypriot entrepreneur Gerasimos Caramondanis to launch a €220 million ($246 million) mixed-use residential and commercial project in Ayia Napa district in the island of Cyprus. More… |
 |
Sawiris says CI Capital acquisition stalled by securityEgyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed bank, was being held up by national security concerns and criticised state meddling in business that he said would More… |
 |
Sawaris to build marina in Cyprus resortEgyptian business tycoon Naguib Sawiris plans to invest around €220 million ($246 million) in the construction of a marina at a tourist resort in Ayia Napa, Cyprus, said a report. Sawiris also announced plans to set up a luxu More… |
|
Sawaris to build marina in Cyprus resortEgyptian business tycoon Naguib Sawiris plans to invest around €220 million ($246 million) in the construction of a marina at a tourist resort in Ayia Napa, Cyprus, said a report. Sawiris also announced plans to set up a luxu More… |
 |
EFG Hermes bid in doubt as holders baulk at priceBillionaire Naguib Sawiris' second bid for a stake in Egypt's biggest investment bank EFG Hermes hung in the balance as shareholders agreed to sell just under half of the shares sought. Sawiris' New Egypt Investment Fu More… |
 |
Egypt's Sawiris offers to buy Telecom Italia stakeEgyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia, he and Italy's largest telecoms company said on Monday, in the latest sign of interest from emerging-markets investors in struggling euro zone com More… |
 |
France Tel, Sawiris reach accord on MobinilFrance Telecom reached a preliminary accord to buy out most of Egyptian tycoon Naguib Sawiris' stake in their jointly owned telecom operator Mobinil, in a deal that will see the French group pay out about 1.5 billion euros ($2 billion). More… |
 |
DIFX appoints directorThe Dubai International Financial Exchange (DIFX) has appointed Nassef Sawiris its director. Sawiris is the chief executive of Orascom Construction Industries (OCI), the Egypt-based international construction contractor. He is also More… |
