Sawiris family

The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic Christian[1] family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology.[2][3] In 2008, Forbes estimated the family's net worth at $36 billion.[4][5][6][7]

Onsi Sawiris (born in 1930), now retired, is the patriarch of the family. Various companies in the group are run by Onsi Sawiris' three sons:

Onsi Sawiris founded Orascom in 1950 that has grown into a conglomerate of companies including Orascom Telecom Holding (in Arabic أوراسكوم للإتصالات), and Orascom Technology Solutions (OTS) (in Arabic أوراسكوم للتكنولوجيا), both run by Naguib Sawiris, Orascom Construction Industries (OCI) (in Arabic أوراسكوم للإنشاء والصناعة) run by Nassef Sawiris, Orascom Hotels and Development (OHD) (in Arabic أوراسكوم للفنادق والتنمية) run by Samih Sawiris.

Naguib Sawiris is an investor in Mobinil, Egypt's main mobile phone company, and has expanded into Algeria, Tunisia, Pakistan, Bangladesh and even North Korea. He has also invested through affiliates in Italy (through Wind Telecomunicazioni SpA and Canada (through Globalive Wireless and its Wind Mobile). Naguib Sawiris is also investor in a highly influential Egyptian independent newspaper Almasry Alyoum and the owner of TV interests, most notably in OTV (Orascom Television).[8]

On 20 July 2018, it was announced that Nassef Sawiris was to become a major shareholder of historic British football club Aston Villa F.C., through the investment group, NSWE, formed with U.S. billionaire, Wesley Edens.

The Sawiris family also actively engages in charity and economic and social development through Sawiris Foundation for Social Development (in Arabic مؤسسة ساويرس للتنمية الإجتماعية) that includes Sawiris Foundation Awards for Egyptian Literature (in Arabic جائزة مؤسسة ساويرس للأدب المصري)

References
  1. https://www.arabianbusiness.com/culture-society/432946-naguib-sawiris-if-god-wanted-women-to-be-veiled-he-would-have-created-them-with-veil
  2. Arabian Business: The Sawiris Family
  3. "The richest men in Africa – 2009". www.clickafrique.com. Retrieved 2019-02-06.
  4. "#60 Naguib Sawiris - Forbes.com". www.forbes.com. Retrieved 2019-02-06.
  5. "#68 Nassef Sawiris - Forbes.com". www.forbes.com. Retrieved 2019-02-06.
  6. "#96 Onsi Sawiris - Forbes.com". www.forbes.com. Retrieved 2019-02-06.
  7. "#396 Samih Sawiris - Forbes.com". www.forbes.com. Retrieved 2019-02-06.
  8. Tryhorn, Chris (2010-02-02). "The Sawiris family: from entrepreneurs to media owners". The Guardian. ISSN 0261-3077. Retrieved 2019-02-06.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.