Samih Sawiris

✎ About Samih Sawiris

Birth Year: 1956

Birth Place: Egypt

Citizenship: Egypt Montenegro

Residence: Lucerne,Switzerland

Education: Technical University of Berlin

Samih Sawiris

Samih Sawiris was born on 1956 in Egypt. Samih Sawiris is the youngest son of Egyptian construction magnate Onsi Sawiris. He heads Orascom Development, which builds and operates resorts in Egypt, Montenegro, and Switzerland. The company's earnings were hard hit by the drop in tourism in Egypt that followed the political uprising in 2011, but have since rebounded, thanks to cost cutting, a spin-out of its construction business in Egypt, and the sale of assets. In January 2015, the company sold 15% of its subsidiary, Orascom Hotels & Development, on the Egyptian stock exchange. The company is counting on the new regime in Egypt to bring stability. Sawiris also owns nearly 10% of construction giant OCI N.V., which was founded by his father, Onsi, and is now run by his brother Nassef. Onsi, Nassef and brother Naguib are all billionaires.
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Biography/Timeline

1980

Samih Sawiris received his Engineering Diploma in Engineering management from the Technical University of Berlin in 1980. He founded National Marine Boat Factory, followed by Orascom Projects for Touristic Development in 1996 and Orascom Hotels and Development in 1998; the latter two companies later merged to form Orascom Development Holding AG. He has served as CEO and chairman of Orascom Development Holding AG since its incorporation.

2011

In 2011 he took a 12.5% stake in Swiss football club FC Luzern.

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1957 births Living people Coptic billionaires Coptic businesspeople Egyptian businesspeople Coptic Christians Copts Egyptian people of Coptic descent Coptic Orthodox Christians from Egypt Egyptian billionaires Coptic Christians from Montenegro Egyptian emigrants to Montenegro Sawiris family

✎ About Samih Sawiris

Biography/Timeline

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