Top 100 Arabs 2024

52. Naguib Sawiris

Managing Director and CEO, Orascom Investment Holding

Origin: Egypt

Residence: Egypt

Sector: Diversified

2023 Rank: 53

Naguib is Nassef Sawiris’ elder brother. The tycoon is the executive chairman of Orascom TMT Investments, which has stakes in an asset management firm in Egypt and Italian internet firm Italiaonline, among others. He also chairs Orascom Investment Holding, La Mancha Holding — a private natural resource investment vehicle and Ora Developers — a real estate developer investing in several prime locations around the world. Ora forayed into the UAE property market in December 2023 with the acquisition of a 4.8 million square metre beachfront land plot in Ghantoot, between Dubai and Abu Dhabi. Naguib manages a diversified portfolio, with interests in the telecoms industry, media, technology and mining. He also owns stakes in gold mines including Endeavour Mining, Golden Star Resources and Altus Strategies.

Aziz Aluthman Fakhroo

Adel Abdulla Ali