World’s Most Powerful Arabs 2019

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Naguib Sawiris
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Naguib Sawiris

Company:

Orascom

Designation:

Chairman

With an estimated net worth of approximately $5bn that makes him Egypt’s richest investor, Naguib Sawiris is the chairman of his family’s telco business, Orascom, investment bank Beltone Financial Holdings and more, and last year launched RiverBank, an independent bank in Luxembourg.

Earlier in 2019, his property development company, Ora Developers announced a rebrand to consolidate all shares of several other firms.