Orascom CEO steps down
Egyptian billionaire Naguib Sawiris
Cairo - Arab Today
Egyptian billionaire Naguib Sawiris has resigned as CEO of Orascom and his deputy Tamer El-Mahdi has been nominated as his successor, the company said on Sunday.
“Naguib Sawiris has submitted his resignation from his position as CEO effective Jan. 1, 2017,” Orascom Telecom Media and Technology Holding (OTMT) said in a statement.
Orascom has holdings in media, technology and cable businesses, but under Sawiris has sought to move further into the financial sector by creating a major investment firm. Sawiris, whose interests range from construction to telecommunication, is a well-known business figure in North Africa and the Middle East.
Source: Arab News
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:23 2018 Paper industry around famous Chinese lake to be shut down by 2019
- Monday ,12 November GMT 16:51 2018 Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMAS
- Friday ,09 November GMT 08:11 2018 Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'
- Thursday ,08 November GMT 14:00 2018 Namibian enterprise endeavours to seize opportunities at China import expo
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 21:45 2017 Saturday ,25 March
AL team in Algiers on Sunday in preparation for elections
GMT 19:33 2018 Thursday ,01 November
Hamas, Islamic Jihad agree to keep anti-Israeli marches "popular, peaceful"
GMT 14:00 2014 Tuesday ,04 November
Bashir, Salva Kiir hold talks
GMT 16:11 2016 Wednesday ,23 March
United Nations envoy to Libya cancels visit to TripoliGMT 20:47 2011 Friday ,24 June
TV\'s Columbo, Peter Falk, dead at 83
GMT 12:47 2017 Friday ,11 August
ISIS launched consecutive attacks targeting Syrian regime forcesGMT 14:55 2011 Tuesday ,03 May
Tank-backed Syrian forces take control of Daraa
GMT 13:06 2017 Tuesday ,26 September
Erdogan threatens Iraqi Kurds with border closure, oil blockGMT 06:30 2011 Monday ,06 June
William and Kate to live in Kensington Palace
GMT 08:09 2013 Thursday ,08 August
Toshiba introduces a wide range of laptops, Satellite
GMT 18:33 2017 Thursday ,28 December
Human Rights Watch accuses Yazidis of executing civilians
GMT 14:04 2015 Saturday ,11 July
New computer programme may fix billion-dollar bit rot problemGMT 13:03 2012 Monday ,06 February
\'Jack and Jill\' sets new low for comedies
GMT 05:58 2017 Tuesday ,21 February
Five dead as plane crashes into Melbourne shopping centre
GMT 13:38 2017 Sunday ,12 March
‘Kong: Skull Island’ film review
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor