Naguib Sawiris

Naguib Sawiris to invest US$150 million to replace tuk-tuks in Egypt with electric vehicles

Egyptian billionaire Naguib Sawiris announced in December that he is currently working on a project to replace existing tuk-tuks, which pose a huge social problem, with another vehicle that runs on an electric motor, through investments amounting to $150 million. Sawiris also announced that the volume of his company’s investments in developing the Pyramids area …

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Egypt Independent December 23, 2023

Naguib Sawiris denies post attributed to him about Egypt’s presidential elections

Egyptian billionaire Naguib Sawiris denied a post circulated on social media claiming that he is more deserving of position as president of Egypt than President Abdel Fattah al-Sisi. He replied to a Twitter user who asked if the post, attributed to Sawiris, was true, and clarified it is false. Several names of potential candidates for …

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Egypt Independent June 28, 2023

Video: Naguib Sawiris performs DJ role at a Zamalek restaurant

Egyptian billionaire Naguib Sawiris sparked wide controversy on social media platforms, after he performed the role of DJ at an Asian restaurant in the upper class Cairo neighborhood of zamalek. Sawiris presented his performance under the name DJ Bibo and was received with great interaction from attendees who danced on Sawiris‘ musical mixes. The restaurant …

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Egypt Independent June 21, 2022