Home lists 100 Most Powerful Arabs 2023 Nassef Sawiris Executive chairman, OCI/co-owner, Aston Villa FC Origin: Egypt Residence: UK Sector: Diversified Sawiris’ V Sports, the holding company of Aston Villa, and Wes Edens are set to acquire a 46 per cent stake in Portuguese club Vitoria SC in a deal valued at EUR5.5m. With investment interests ranging from sports to industry, Sawiris owns a 39 per cent stake in Euronext-listed chemical producer OCI. The company, which was formed out of a demerger from his family’s business, Orascom Construction, reported a net profit of $1.3bn while its revenues soared by 54 per cent to $9.7bn in 2022. Fertiglobe, a joint venture between Abu Dhabi National Oil Company and chemical producer OCI, raised $795m via an IPO in October 2021. The tycoon’s other assets include 7 per cent of Adidas and a stake in Arkema, a French producer of speciality materials.