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Samih Sawiris halts investments in Egypt, eyes Saudi

Egyptian billionaire, Samih Sawiris, announced yesterday that he will not be launching new investments in Egypt until the currency and economy stabilise. The Egyptian pound plunged 40 per cent agains. ....

Saudi Arabia , Samih Sawiris , Terms Of Service , Orascom Development Holding , North African , Eorascom Development , Middle East Monitor , Google Privacy Policy ,

Egyptian Businessman Samih Sawiris Expresses Hesitancy to Invest in Egypt

Egyptian businessman Samih Sawiris, founder of Orascom Development, captured the attention on social media following his statements about the future of Egypt’s investment landscape and his plans to invest in Saudi Arabia. In an interview with Al Arabiya on Tuesday, May 2, the business tycoon began by saying that the economic crisis is making it ....

Saudi Arabia , United Arab Emirates , Samih Sawiris , Abdel Fattah Al Sisi , Supreme Council , Eorascom Development , Supreme Council For Investment , Abdel Fattah , Currency Crisis ,