Thursday 12 March 2015

Naguib Sawiris: the Egyptian tycoon with a sharp political edge - FT.com

Naguib Sawiris: the Egyptian tycoon with a sharp political edge - FT.com:



"It is not usual for Egyptian businessmen to court political controversy, and more so if they come from the country’s minority Coptic Christian community.



But Naguib Sawiris, the outspoken billionaire who built a telecoms empire extending from Algeria to Pakistan, before selling it to Vimplecom of Russia in 2011, has a history of making waves.



A man who does not shy away from risk — he invested hugely in Algeria and Iraq when both countries had barely emerged from war and he still operates a telecoms network in North Korea — he took what must have been the biggest gamble in his life when he vociferously opposed the rule of the Muslim Brotherhood in Egypt two years ago and played an active role in its downfall."



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