Egyptian Businessman

Photos: Thousands gather to bid farewell to late charitable business tycoon Mahmoud Al-Araby

Fri, 10 Sep 2021 - 12:38 GMT

A state of grief has prevailed as hundreds have gathered to say goodbye to late business tycoon Mahmoud Al-Araby, known for charity, who passed away at 89 on Thursday.

Detention renewed for Egyptian businessman Hassan Rateb over funding excavation of antiquities

Wed, 11 Aug 2021 - 04:04 GMT

A southern Cairo court judge on Wednesday ordered the detention of Egyptian businessman Hassan Rateb for another 45 days pending investigation over funding a former MP in illegal excavation operations.

Egyptian businessman Hassan Rateb detained pending investigation over funding excavation of antiquities

Wed, 14 Jul 2021 - 11:54 GMT

A southern Cairo court judge ordered the detention of Egyptian businessman Hassan Rateb for another 15 days pending investigation over funding a former MP in illegal excavation operations.

Egyptian businessman Hassan Rateb arrested over funding illegal excavation

Tue, 29 Jun 2021 - 12:16 GMT

Security forces arrested Egyptian businessman Hassan Rateb over accusations of funding a former parliamentarian in efforts of illegal excavations for antiquities, a statement revealed.

After fleeing in mid-90s, Egyptian renowned businessman Ashraf El-Saad returns to homeland

Thu, 06 May 2021 - 08:54 GMT

Renowned Egyptian businessman and head of one of the most famous fund investment companies in the nineties returned to Egypt on Wednesday after 26 years of absence in the wake of being charged in the mid-90s of financial exploitation.

Sawiris warns against continuation of curfew, advices not to buy shares

Tue, 31 Mar 2020 - 10:50 GMT

Sawiris advised, "Do not buy shares now because we still have not reached the bottom line, and I expect that the value of companies will fall next week by 10 percent.”

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