What does orascom do?
Orascom Construction PLC is a leading global engineering and construction contractor with a footprint covering the Middle East, Africa and the United States and operations encompassing the infrastructure, industrial and commercial sectors.
Where is Orascom Construction?
Orascom Construction PLC (OC) is an engineering, procurement and construction (EPC) contractor based in Cairo, Egypt. The company was Egypt’s first multinational corporation and stands at the core of the Orascom Group companies.
Who owns Orascom Egypt?
Onsi Sawiris
Onsi Sawiris, the founder of Orascom Group and the owner of Orascom Trading Company, first founded a construction company with few friends in Upper Egypt. By digging waterways and paving roads, he built his business into one of Egypt’s largest general contractors.
How much is Sawiris family worth?
The Sawiris family (Coptic: ⲥⲉⲩⲏⲣⲟⲥ) is an Egyptian Coptic Christian family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. In 2008, Forbes estimated the family’s net worth at $36 billion. Onsi Sawiris (1930–2021) was the patriarch of the family.
Who is the richest person in Egypt?
Egypt’s richest man Nassef Sawiris gains $260 million in four days | Business Insider Africa.
Who is the richest family in Egypt?
List of Egyptians by net worth
| Global ranking | Name | Net worth (USD) |
|---|---|---|
| 1249 | Mohamed Mansour | 2.5 billion |
| 1750 | Mohamed Al Fayed | 1.8 billion |
| 2035 | Youssef Mansour | 1.5 billion |
| 2524 | Yasseen Mansour | 1.1 billion |
Is Egypt is poor?
Despite being classified as a middle-income country, Egypt faces a set of long-standing development challenges. HIECS data has shown that income poverty in Egypt increased from 27.8% in 2015 to 32.5% in 2018, leaving 32 million people below the national income poverty line in 2018.
Who is the richest guy in Egypt?
Nassef Sawiris
Egypt’s richest man Nassef Sawiris gains $260 million in four days.