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He was such a workaholic, that we said we don’t want to be like that (he laughs). So, this balance keeps me up at night. They appreciate the diversity and that they can find something that makes them happy to be here. Investments. We have a proper branch of the Alexandria library here, where it is as if you’re in the Alexandria library itself, because they’re both linked, and they have the same books. Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris. Nassef Onsi Sawiris (Arabic: ناصف أنسى ساويرس ‎; born in 1961) is an Egyptian billionaire businessman, the youngest of Onsi Sawiris' three sons (his brothers are Naguib and Samih).As of April 2019, his net worth was estimated to be $7.5 billion, and the fourth richest African in 2019, according to Forbes. There was a golden opportunity to reuse the model of El Gouna in other countries. With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. One of the things I regret most is that I started this so late. The older Sawiris has seen a decline in his fortune by 0.89 percent year-on-year, while the younger Sawiris saw his … My theory is that 60% of success is due to luck. These three combined are crucial for success. But actually, I don’t believe there is another nation that is better at making jokes than Egypt. If it’s about society, then its socialising with a diverse group of people. ^ "Naguib Sawiris eyes 51% of state-owned gold mining company". It was a tough time. Egyptian billionaire Naguib Sawiris said he is increasing his exposure to gold as the traditional haven struggles amid the market turmoil. He was always around, taking care of us as a family. Member, Board of Directors. Orascom I’m used to such doubts. It takes time, because there’s something called the spirit of the town which takes much more time and energy to grow, than other aspects. Retrieved 28 June 2020. Naguib Sawiris is Chairman of the Board of Weather Investments II S.à r.l, La Mancha Resources Inc.’s parent company and is also the Executive Chairman of Orascom Telecom Media and … His brothers are Nassef Sawiris and Samih Sawiris.He is the son of Onsi Sawiris who established the Orascom Group.. Education. When Onsi Sawiris first founded a construction company. I also wouldn’t have done an operation on my legs. When I see that in spite of not being the ideal father, my five kids have ultimately all made it, have become straight A students and are successful in work and school. What makes you laugh? It’s become quite a problem, and there’s no operation to correct it. That’s an important factor that people don’t like to admit. Sawiris Initiative against COVID19. Were the challenges of working in Egypt part of the reason you wanted to expand internationally or was this expansion unrelated? "Egyptian billionaire Naguib Sawiris sees … Other sectors of the economy need a lot of work. Samih Sawiris clearly stands out, not only for his outstanding accomplishments in business, but most importantly for his charming, down to earth persona and his joie de vivre; not to mention his philanthropic contributions with his family through the Sawiris Foundation. Appreciating culture, music and film makes it easier to understand their value. I’m so happy for him. But since the material aspect that success brings us is more or less the same, there’s no serious competition between us. Look at our experience in Oman. This is the only official page for Naguib Sawiris Naguib Sawiris, Eng. Naguib Sawiris is a multi-billionaire telecoms magnate. 150. Do you have your eyes on any new places in your search for the next destination? I think the government did a lot of good things. Member, Board of Directors. Now that I have a partner, Khaled Beshara, who is CEO, and is totally engaged in the work, my role has diminished a bit. They all managed to get into the best universities and to succeed. You’re on the map as the only person to create a town from scratch! People who may work harder than I do, but don’t make the most of their luck and the opportunities life may present, are not going to make it. And that’s why we are developing our new O West project, and now Makadi. What qualities do you dislike in people? He still uses me for that. I think we definitely proved that. If you’re talking material things, it’s my boats; since I bought my first boat 40 or 50 years ago, I’ve been happy on the sea. We learned from our father’s experience. His brother Nassef is also a billionaire. Partnerships. Forbes. I believe in this theory very much, and I’ve had so much experience that proves the impact of luck. When you have so much, you have to give back. ^ Graham, Emma (6 May 2020). He started at 18 or 20, and created a huge construction company, just to lose it all to nationalisation during Nasser’s time. Samih Onsi Sawiris is an Egyptian businessman and billionaire and second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris. He managed to convince people that although O West is our first primary Cairo home development, we would be better than everybody else. He founded WIND Telecom in 2005 and in the same year, became a member of the New York Stock Exchange’s international advisory committee. No, it was a deliberate move. Maybe later I will change my mind, but when you’re still active, writing about your life is a double-edged sword. He is the son of Onsi Sawiris who established the Orascom Group. We also heard that there’s a concert hall being built in El Gouna, which isn’t something you usually find in a beach town. 1.3. But he’s not like me. Sawiris family dominates Forbes’ ‘World’s Richest Arabs 2018’ list Nassef Sawiris tops the list, while Naguib Sawiris came in the sixth spot Mohamed Samir March 8, 2018 Be the first to comment His brothers are Nassef Sawiris and Samih Sawiris. Not much more, because we still have a 100 million square metres worldwide to develop! A truly global citizen, he was born a Coptic Christian in Egypt and educated in Europe. Actually, if we had started five years earlier, we would’ve been twice as big internationally. For example, Naquib’s brother Samih Sawiris is Chairman of Orascom Development. Previously, he founded Orascom Telecom Holdings and led it to become the leading regional telecom player until it merged with VimpelCom, creating the world’s 5th largest mobile telecom provider in April 2011. I don’t know, and I don’t like the idea of having a book about me at this stage. The yacht’s owner is Naquib Sawiris. Naguib Sawiris, foje ankaŭ Sawires (arabe: نجيب ساويرس; naskiĝis la 15-an de junio 1954), estas egipta komercisto kaj miliardulo, ĉefa afergvida oficisto (ĈAO, angle CEO) de Orascom Investment Holding (OIH). In the period when the economy is being treated, don’t expect growth. Ghada Sawiris was there at the beginning, long before Naguib became a larger-than-life icon of wealth and business wisdom. PHOTOGRAPHY of the Featured Picture Of course. Doing my first piano concerto; and that gives me another three years and four months to come up with something new for my bucket list! Naguib Sawiris Net Worth: Naguib Sawiris is an Egyptian businessman and politician who has a net worth of $2.9 billion. But this takes a lot of time; El Gouna has that, but El Gouna is thirty years old. Partnerships. If we had started five years earlier, the sky would have been our limit internationally. However, the really lasting positive effect comes from the recognition you get from the film industry and from the world; the recognition that we are serious about films and cinema and bringing together serious producers, directors and actors and tackling serious topics. It’s nice to be recognised as somebody who has done something, and it’s not a bad thing to admit it. We synchronise. I sure hope so! What is the most important aspect to keep in mind when you create these towns in beach or holiday locations? It’s a matter of luck and perfect timing. He is the executive Chairman of the Board of Directors and CEO of Orascom Development, part of the Orascom group of companies. We originally meet Sawiris at a seaside café along Egypt’s Red Sea resort town El Gouna, built in the 1990s by middle brother Samih and head of Orascom Development Holding, through which he developed the glamorous annual El Gouna Film Festival in 2017. The Sawiris family is the richest family in Egypt. The first year for the festival, we interviewed Naguib, and he talked to us about how he came up with the idea, and how he convinced you with it. 23 February 2020. I read that the government of Switzerland invited you as a consultant. It seems that real estate development and tourism are experiencing the biggest boost. 33.5k Followers, 16 Following, 18 Posts - See Instagram photos and videos from Samih Sawiris (@s_sawiris) It’s just funny, because before you actually do it, these people think you are crazy. Naguib Samih Sawiris Former Co-Chief Executive Officer at Orascom Development Egypt SAE Orascom Development Holding AG (Orascom Development) is a leading developer of fully- integrated towns that offer hotels, private villas and apartments, leisure facilities and supporting infrastructure. Sawiris during his meeting with French President Emmanuel Macron. When you appreciate the value of something, it is easier to embrace it and fight for it. Nassef Sawiris Sawiris, the youngest of Onsi Sawiris sons ― Naguib and Samih ― moved up from the fourth spot in 2019 to the second spot in 2021 with a 13.3 per cent increase in his wealth. One to two hours, even here in El Gouna. In terms of the boost to tourism in El Gouna, do you think it was the result of the festival and the international stars that came, or was the festival itself enough as a cultural event and a celebration of film? With Onsi and his three sons Naguib, Samih and Nassef each being billionaires. On the business side, with the three of your brothers so successful, is there a brotherly competition between you? Naguib Sawiris’s wife. I hope that by the time I die, there would be no more to leave to the foundation. Social Empowerment. You don’t need all of it, so why are you keeping it? Is this not bad luck? Samih Sawiris, Eng. We benefited much more than we had thought we would. When we launched in Oman, in the first weekend we sold as much as the whole period following the crisis that hit Dubai and spilled over to Oman. And I don’t like people who don’t like sharing. You don’t need to be a genius to succeed; but most importantly you need guts. Even though we’re not similar in many ways, what he’s shown me as a person, has made me feel very proud to know him. 150. I find that a town that doesn’t have culture is actually a poor town, and I don’t like to develop poor towns. Beltone Private Equity SAE. What qualities do you admire in others? It may be frustrating to think that luck is the recipe. 31.495 kişi bunun hakkında konuşuyor. Beltone PE focuses on Egyptian companies with strong management teams and invests across a wide variety of sectors with a long-term outlook. 23 February 2020. Nassef Sawiris Sawiris, the youngest of Onsi Sawiris sons ― Naguib and Samih ― moved up from the fourth spot in 2019 to the second spot in 2021 with a 13.3 per cent increase in his wealth. That’s one thing I regret and would have wanted to do differently. Egypt’s low key billionaire Samih Sawiris, the Chairman of Orascom Development Holding (OHD), seems to be the man of the moment. "Egyptian billionaire Naguib Sawiris sees oil … Widely respected for his work in the telecoms sector, his vision and insight has helped create a number of world-class businesses. I mean look at him. Be sure to check out the famous entrepreneur Naguib Sawiris’ ONLY one on one interview about his latest project: the El Gouna Film Festival. My godfather Dr. Fathy Skandar, was my life hero because he was the most balanced person I’ve ever met, and he had such a big heart. These are typical real estate projects and have been done already. People underestimate the damage we endured. The company was founded by Samih Onsi Naguib Sawiris in January 2007 and is headquartered in 6th of October, Egypt. I’m Egyptian, I love Egypt and El Gouna is still a major component in the company. Early life []. If you want to be successful and be unique, you have to pay a lot of attention to attracting everybody and offering something for everyone. His business empire is controlled from a luxurious tower on the banks of the Nile, yet according to Companies House filings he is usually resident in the the UK, where amongst other things, he runs a hedge fund. Early life. You feel it in the hotel bookings and the boom in local real estate and business. If it were me, I would never have done it. ^ "Naguib Sawiris eyes 51% of state-owned gold mining company". Write CSS OR LESS and hit save. And El Gouna is now just one of the many local international developments under OHD. En la jaro 2009, kaj kun la tutmonda ekonomia krizo, Naguib Sawiris perdis 9 miliardojn da dolaroj. Retrieved 12 November 2019. AmmarAbd Rabbo (GFF). It’s better to give it to worthwhile causes while you’re still alive. In Egypt, if an event happens at noon, by 4 or 5pm there are already jokes about it! Naguib Sawiris has been described as one of the most influential business people of his generation. Sawiris telah menikah, memiliki empat anak dan tinggal di Kairo. How important is that to you? Social Empowerment. En la jaro 2009, kaj kun la tutmonda ekonomia krizo, Naguib Sawiris perdis 9 miliardojn da dolaroj. Just a man with a phone and a funny thought! Nassef Sawiris — Nassef Onsi Sawiris (born in Egypt in 1961) is an Egyptian businessman and billionaire[1] the youngest of the three sons of Onsi Sawiris, the other two being Naguib Sawiris and Samih Sawiris. El Gouna Film festival seems to be growing every year. Current. Well, when we started, we looked at it as more of a philanthropic endeavour than anything else. Is that true? You and your brothers have shown that you’re not just successful, but you also have a great work/life balance. Egypt deserved more recognition than it was getting as a pioneer in the movie business for a long time. The group now oversees developments such as Lustica Bay in Montenegro, Andermatt in Switzerland, Chbika in Morroco, Eco-Bos in the UK, The Cove in UAE, as well as Hawana Salalah, City Walk, As Al Sodah Island and Jebel Sifah in Oman. It makes El Gouna a richer community and a better place. But is it possible that she is owned by one of the other Sawiris family members. We don’t know if we can stop this population growth that’s denting the country’s economic growth. If I had made half the mistakes that I’ve made in Egypt, in other countries, they would have wiped me out. Brother Naguib Sawiris has a net worth of $2bn and is the more interesting of the three. Did people doubt your vision when you started them? Samih Sawiris, Chairman of the Board In 1996 Samih Sawiris established Orascom Projects for Touristic Development Holding and a year later founded Orascom Hotel Holding. Sawiris is Chairman of Weather Investments’s parent company and Chairman of Orascom Telecom Media and Technology Holding S.A.E. He was a fun guy and he had a lot of fun. Naguib Sawiris adalah anak sulung dari tiga bersaudara. What would you like to change about yourself? We did compete as children, of course; but it was a healthy competition! If it wasn’t for him during my divorce, I would have had a lot of issues. Yes, it was important to show the world that we’re not gone, that we can come back and recover quickly. I would have liked to be a better pianist at an earlier age. It’s very obvious that it’s become easier for us to organise it, even though Amr Mansi, the festival’s CEO, is still running around stressed! No single group should overwhelm the character or the spirit of the town with its way of living. He affected me more than anyone else. Economic Empowerment. (he laughs) It involves no preparations. Would you describe the festival as a labour of love, or a strategic cultural investment to raise the profile of El Gouna? It often happens through meeting somebody who knows what we’ve done, and he puts us together with a president or a prime minister. But if it wasn’t for the government’s actions, we wouldn’t have seen this recovery in tourism and the black market for foreign exchange would have prospered again. We get tons of offers, but that doesn’t mean I’ll go for anything that I’m offered. Ghada Sawiris was there at the beginning, long before Naguib became a larger-than-life icon of wealth and business wisdom. Education & Scholarships. Summary. I think the model of giving while you’re alive is the most successful. It’s because of luck. I feel that this year we had a few advances and improvements. Several sources link the yacht to Naguib Sawiris. Entrepreneur and political activist who headed the Orascom Telecom Holding (OTH) company in Egypt. What sets you apart from other developers in Egypt is that you develop wholistic communities with a strong cultural component, rather than simply compounds. A lot of the places we’re working on are still projects and not yet towns. Sawiris Cultural Award Announces its Shortlist for the 16th Edition. Enigma Magazine’s Society Issue Celebration at Esca, Middle East Fashion Week 2021 – Brought to you by Dubai. What distinguishes us as a company is our persistence to keep going further and further and not settling for “enough”. We had a very successful model, and I thought it was easily transferable to other countries. Those three years were the toughest of my life by far. CTRL + SPACE for auto-complete. It would be easy to throw a dismissive barrage of polyester clichés her way, but to do so would be to miss the point. I dislike people who don’t believe in their luck when they’re successful, because that makes them even more arrogant. That helped us in developing our lifestyle. It would be a useful book for the real estate development world, and it would be titled, Everything That You Can Do Wrong in Real Estate Development and More. Samih Onsi Sawiris (Arabic: سميح أنسي ساويرس ‎; born in 1957) is an Egyptian-Montenegrin businessman and billionaire and second of three sons of Onsi Sawiris, the other two being Naguib Sawiris and Nassef Sawiris.He is the executive Chairman of the Board of Directors and CEO of Orascom Development Holding AG. Retrieved 12 November 2019. We have to become more focused on work and to become more nationalistic. Sawiris founded the El Gouna Beverages Company in 1997, which was the largest beverage company in Egypt when sold in 2001. 9,063 talking about this. I’ve always wanted to do it but never did. Conditions were much better than those of my father’s time. In your career, have you always felt that 60% of success is due to luck? We wouldn’t have become such a big company if it wasn’t for the time in which we began our companies. Sawiris` started his career in 1979. Naguib Sawiris’s wife. Naguib Sawiris Net Worth: Naguib Sawiris is an Egyptian businessman and politician who has a net worth of $2.9 billion. Sawiris Cultural Award. He doesn’t mind a challenge. It was a tough time to be able to focus and it left a big dent and people are paying for it now. The Egyptian business magnate Samih Sawiris has been called a dreamer and even a madman for his penchant to pursue the seemingly impossible. Two Egyptians — Naguib Sawiris and Mohamed Hefzy — have been included in American magazine Variety's Variety500 for 2019, an annual list of the 500 most influential business leaders of the media and entertainment industries, al-Shorouk news website reported. 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