Onsi Sawiris Net Worth is$2,170 $Million
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Onsi Sawiris (also written Sawires, Arabic: ??U???U? ????U?U???U???a??) is an Egyptian businessman. He was estimated to be worth approximatively $2.9 billion according to Forbes in 2011. He is the patriarchal head of the Sawiris Family. The name Sawiris is alleged to be the Arabic/Coptic equivalent for the Latin/Roman Severus, but such connection was rejected by Sawiris himself.
In his early business career, he was disenchanted with the socialist government of Egyptian president Gamal Abdel Nasser. He was prevented from leaving the country for six years in the 1960s. After a spell in Libya, he returned to Egypt during the more business-friendly regime of the following Egyptian president, Anwar Sadat. He and his three sons, all educated in Europe and the United States They resumed their activities in Egypt with full force over the past three decades under the government of Hosni Mubarak and its liberal business policies.
He founded the Orascom conglomerate, whose various construction , telecommunications and tourism, science and technology and industry companies are run by his three sons, Naguib Sawiris, Nassef Sawiris, Samih Sawiris. Orascom is involved in tourism development, telecommunications, construction and other fields.

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Onsi Sawiris Latest News

Egypt prosecutor-general issues travel ban for Sawiris businessmen

Egypt’s prosecutor-general has issued an order to place a travel ban on Orascom Construction Industries (OCI) founder Onsi Sawiris and its CEO Nassef Sawiris, an official judicial source told state-owned news agency MENA on Sunday. According to the ...
Posted: July 26, 2013, 3:19 am

Capitol digest: Grounded, national attention, Dream act

According to an article published Tuesday in Construction Week Online, http://ow.ly/ip9ic, Orascom Construction CEO Nassef Sawiris and his father Onsi Sawiris are barred from travel until a resolution is reached regarding the sale of an Orascom subsidiary ...
Posted: March 5, 2013, 10:00 pm

Egypt grounds Orascom chief as tax probe continues

The public prosecutor has ordered that both OCI CEO Nassef Sawiris and his father Onsi Sawiris be barred from travel, pending a probe into accusations that $2.1bn in taxes were evaded during the sale of Orascom Building, an OCI subsidiary, to French firm ...
Posted: March 5, 2013, 12:46 am
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