Orascom Construction Industries | Al Bawaba

Orascom Construction Industries latest

A member of Egypt's richest family, Sawiris is chairman of Orascom Development Holding, which operates tourist resorts and real estate projects in Egypt and Europe. (Wikimedia Commons)

February 23rd, 2017 - 11:00 GMT

Egypt's currency devaluation a success, but investment will take time: Sawiris

Egyptian billionaire Samih Sawiris says that the country's currency flotation has increased the appetite for investments in Egypt, but economic recovery will take time.

Clockwise from left, Onsi Sawiris and his sons Naguib, Nassef and Samih. (AFP/composite)

November 29th, 2015 - 01:16 GMT

Two generations to Forbes: A closer look at the Sawiris empire

Al Bawaba

November 2nd, 2015 - 02:00 GMT

Egyptian billionaire Nassef Sawiris becomes Adidas’ largest investor

Al Bawaba

September 16th, 2014 - 02:52 GMT

Egyptian court upholds jail sentence, $7 million fine against business tycoon Nassef Sawiris

Al Bawaba

July 3rd, 2014 - 02:00 GMT

Evading prison: Sawiris will not face jail time for tax evasion

Egypt has asked Kuwait to include Kuwaiti petroleum products, including 70,000 tonnes of diesel and jet fuel worth $60-65 million, as part of the aid

July 25th, 2013 - 10:55 GMT

Egypt seeking to raise gas prices, lure back investors

Orascom's share on the Egyptian stock market were suspended on Tuesday

April 23rd, 2013 - 11:58 GMT

Shares in Orascom suspended over tax dispute

The capital gains tax itself is part of a bundle of taxes presented in the government’s latest economic program

April 9th, 2013 - 11:17 GMT

Changed tax plans show Egypt's economic disarray

Egypt mulls tax on bank loans and shares in controversial reforms

April 3rd, 2013 - 11:50 GMT

Egypt discussing new tax plans

The Egyptian market is still unable to recover as the government's economic policies and current political stalemate make the stock market 'undesirable' for future investments

March 27th, 2013 - 11:21 GMT

Egyptian stock market remains unstable two years after revolution

Cairo

March 24th, 2013 - 01:00 GMT

Egypt's top construction firm to pay $1 billion in tax evasion dispute

Egyptian stocks took a tumble on Tuesday over more concern regarding a $4.8 billion loan from the IMF

March 13th, 2013 - 09:20 GMT

Egyptian stocks take a tumble on IMF concerns

Middle East stock markets had a relatively healthy day on Wednesday, despite loses in the UAE.

March 7th, 2013 - 12:12 GMT

Regional stock markets looking healthy