Naguib Sawiris

Naguib Sawiris

Businessman, Founder, and Chairman of Orascom Group.

Naguib Sawiris

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Biography of Naguib Sawiris

Name:

Naguib Sawiris

Date of Birth:

June 17, 1954

Nationality:

Egyptian

Residence:

Cairo, Egypt

Profession:

Businessman, Founder, and Chairman of Orascom Group.


Summary:

Naguib Sawiris is a prominent Egyptian businessman known for establishing the Orascom Group, which operates in various sectors, including telecommunications, construction, media, and hospitality. He has played a crucial role in the development of the telecommunications industry in Egypt, notably through the launch of Orascom Telecom and expanding its reach into global markets.

Key Points:

  • Education:

    • Bachelor's degree in engineering from the American University in Cairo.
    • Continued his studies in Sweden, focusing on business administration.
  • Professional Life:

    • Joined the family business Orascom in 1979.
    • Founded Orascom Telecom in 1997, which became one of the largest telecommunications companies in the Middle East.
    • Achieved significant success through acquisitions, including Vodafone and WE.
  • Investments:

    • Heads Orascom TMT (Telecommunications and Media Technology), overseeing numerous media projects.
    • Invests in the tourism and real estate sectors, including the "Silversands" resort in the Caribbean.
  • Social Activities:

    • Founded the Sawiris Foundation for Social Development, focusing on education and social development in Egypt.
    • Involved in initiatives that aim to improve living standards for disadvantaged groups.
  • Awards and Achievements:

    • Ranked among the wealthiest businessmen globally by Forbes magazine.
    • Received multiple awards recognizing his contributions to business and society.
  • Family:

    • Part of the renowned Sawiris family in business, son of businessman Onsi Sawiris, and has two brothers, Samiha and Nassef.

Future Vision:

Naguib Sawiris aims to enhance economic growth in Egypt through innovation and investment in education and sustainable development. He emphasizes the importance of education as a means for social and economic advancement.