Naguib Sawiris

Naguib Onsi Sawiris (or Sawires; Coptic: ⲛⲁⲅⲏⲃ ⲟⲛⲥⲓ ⲥⲉⲩⲏⲣⲟⲥ; Arabic: نجيب اُنسي ساويرس‎, IPA: [næˈɡiːb ˈʔonsi sæˈwiːɾɪs]; born 15 June 1954) is an Egyptian billionaire businessman. Sawiris is chairman of Weather Investments's parent company, and chairman and CEO of Orascom Telecom Holding.[2]

Naguib Onsi Sawiris
ⲛⲉⲅⲓⲃ ⲁⲛⲥⲓ ⲥⲉⲩⲏⲣⲟⲥ
Naguib Sawiris, 2009
Born (1954-06-15) 15 June 1954
Cairo, Egypt[1]
NationalityEgyptian
Alma materSwiss Federal Institute of Technology Cairo University
Known forOrascom Investment Holding S.A.E.
Spouse(s)Ghada Gamil Sawiris
Children4
Parent(s)
RelativesNassef Sawiris and Samih Sawiris (brothers)

Early life

Naguib Sawiris is the eldest of three brothers. His brothers are Nassef Sawiris and Samih Sawiris. He is the son of Onsi Sawiris who established the Orascom Group.[3]

Career

Since joining Orascom, the family business in 1979, Sawiris has contributed to the growth and diversification of the company into what it is today one of Egypt's largest and most diversified conglomerates and the country's largest private sector employer. Sawiris built the railway, information technology, and telecommunications sectors of Orascom. Management decided to split Orascom into separate operating companies in the late 90s: Orascom Telecom Holding (OTH), Orascom Construction Industries (OCI), Orascom Hotels & Development and Orascom Technology Systems (OTS).[4]

In August 2012, Sawiris was appointed chairman of La Mancha Holding.[5]

In September 2015, he offered to buy an island off Greece or Italy to help hundreds of thousands of refugees fleeing the Syrian conflict. However, he conceded the plan could face challenges in terms of jurisdictions and customs regulation.[6]

Personal life

Sawiris is married, with four children and lives in Cairo. He speaks Arabic, English, German and French.

As of 2021 Sawiris was listed in Forbes magazine as the 8th richest person in Africa, with a personal wealth of $3.2 billion.[7]

Sawiris is a member of Egypt's Coptic Christian minority.[8]

References
  1. Neal, Mark (16 May 2019). A Dictionary of Business and Management in the Middle East and North Africa. ISBN 978-0-19-252755-4.
  2. "Naguib Sawiris eyes 51% of state-owned gold mining company". Egypt Independent. 23 February 2020. Retrieved 28 June 2020.
  3. Graham, Emma (6 May 2020). "Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines". CNBC. Retrieved 28 June 2020.
  4. "About - Orascom Investment Holding". orascomih.com. Retrieved 14 February 2021.
  5. "Home". lamancha.com. Retrieved 14 February 2021.
  6. "Egypt billionare [sic] offers to buy island for refugees, wants to name it 'Independence' | Latest News & Updates at Daily News & Analysis". 4 September 2015. Retrieved 4 September 2015.
  7. "Naguib Sawiris". Forbes. Retrieved 15 February 2021.
  8. https://www.arabianbusiness.com/culture-society/432946-naguib-sawiris-if-god-wanted-women-to-be-veiled-he-would-have-created-them-with-veil
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