Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Naguib Sawiris
109

Naguib Sawiris

Industry: Telecoms

Company: Orascom

Designation: Former chairman

Country: Egypt

Egyptian-born Naguib Sawiris was executive chairman of the telecommunications companies Wind Telecom and Orascom Telecom Holding (OTH) before turning to politics in May 2011.

The firm launched Mobinil, Egypt’s first mobile operator in 1998. OTH has 20,000 employees and manages eleven GSM operators around the globe. In the beginning, OTH’s strategy was to target underpenetrated high population markets. However, soon after it started to pursue more developed markets with the launch of Wind Mobile by its Globalive subsidiary in Canada in 2009.