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During a press conference on Tuesday, Sawiris said that Ora Developers is negotiating for a further 200 feddans of neighbouring land, on which to expand the development and include more integrated services.
Egypt has awarded Aton Resources an mining license at Hamama and its retained exploration areas at the Company’s Abu Marawat Concession
ZED Park sets a new definition to park entertainment with the launch of “Zed Park Presents”.
Sawiris has told Daily News Egypt that the company does not plan to expand in Sheikh Zayed, Giza, adding that the company is focusing on developing the ZED project in Sheikh Zayed, and that “We are proud of what we have done in the project, and it will include various housing categories.”
We will work together to position the Pyramids venue as the place where culture merges with technology and entrepreneurship, says Naguib Sawiris
“I look forward to personally leading a new take-off for OTMT with an ambitious growth strategy,” says Sawiris
We consider acquisition of African banking group, says Egyptian tycoon
Nasr will discuss Macron’s planned visit arrangements with French officials next week
I intend to buy United Bank If CBE agrees, says Sawiris
The business tycoon hopes CBE will allow Egyptian businesspersons to establish banks
Majority of major banks in world started as family businesses
“We were wrong when we allowed former members of the National Democratic Party to join the Free Egyptians Party and represent it in parliament”
Flotation was the right decision; if it came earlier we would have suffered less
Nasr met with Sawiris and promised to resolve problems of investors and improve the business environment
Elections for Free Egyptians Party leader and higher committee to take place on 24 March
Founder Naguib Sawiris filed a lawsuit against president Essam Khalil over ‘violations of party regulations’
Sawiris leads board council members’ meeting directed against party head Essam Khalil’s general assembly
MP Alaa Abed threatened Sawiris with exposing phone calls, accused him of foreign conspiracy
Orascom Telecom Media and Technology Holding will shut down Orabank, its affiliate bank in North Korea, due to US sanctions on the nation, according to an announcement on Sunday. The company, owned by business tycoon Naguib Sawiris, added in a note to the Egyptian Exchange that shutting down the bank in Korea is a …
Naguib Sawiris not directly or indirectly included in negotiations
Sawiris called on the Egyptian people to support the CBE’s decision
The company reported a 56.3% increase in revenues during the second quarter of 2016
The agreement was signed by Abou Hashima, chairperson of Al-Masryeen Media and owner of ONtv, and Naguib Sawiris, chairperson of PromoMedia
Cancellation of operations caused serious damage to the reputation of the company, with a negative impact on shareholders
Following his recent purchase of ONTV, Abou Hashima is planning a number of projects for the future of media and its expansion by launching other TV channels and producing drama series
The violations of the main shareholder will not hinder Beltone’s acquisition of Reefy and Arab Finance, says Sherif Samy
Sources asserted that Sawiris continues to defend claims over committing violations by transferring OTMT’s assets to OTMT Acquisition instead of Weather Investments
Sawiris said that selling ONTV removed the conflict of interest between owning a TV channel and having the advertising rights for other channels. “This open the way for further cooperation with other channels,” he said.
The company said in a statement that the move comes within the framework of investing in the Egyptian media “to restore the Egyptian lead in media industry”.
Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent state-owned banks from funding his bid to acquire CI Capital