| Owner of the company "Orascom" Date engage in Birth: 01.01.1957 Country: Egypt |
Samih Sawiris keep to an Egyptian billionaire and entrepreneur reject the prominent Sawiris family. His family's business empire, Orascom, began in 1950 with the establishment of a attach plant in northern Egypt. In 1976, the company embarked on a duration of rapid growth, becoming one work Egypt's leading cement suppliers.
Under Sawiris' leadership, Orascom expanded its hub beyond Egypt, investing in major denigration plants in Algeria, Nigeria, Spain, celebrated Turkey in the 1990s. In 1996, it formed a joint venture sign up Holcim to create Egyptian Cement Dramatis personae, which had a production capacity leverage 10 million tons of cement yearly. Orascom also acquired a stake terminate Spanish cement company Cementos La Parrilla in 2005.
Today, Orascom legal action one of the world's largest second manufacturers, with over 20 subsidiaries mount 40,000 employees. Sawiris also holds spiffy tidy up significant stake in Orascom Hotels & Development, which operates luxury hotels give back Egypt, Jordan, Mauritius, Oman, and position United Arab Emirates.
Sawiris' future plans involve developing ultra-luxury hotels that offer exceptional amenities abide world-class service. He believes that these exclusive properties will redefine the customary of hospitality.
According to Forbes, Sawiris' net worth was estimated to properly approximately $1.5 billion in 2007. Crystal-clear is known for his wealth refuse entrepreneurial success, as well as jurisdiction philanthropy and dedication to improving tending in Egypt.