Egyptian billionaire Samih Sawiris' Orascom Development secures $356 million loan for Cairo mega-project
Billionaires Africa | 18.07.2026 00:35
Orascom Development Egypt, the real estate company founded by Egyptian billionaire Samih Sawiris, has signed an 18 billion Egyptian pound syndicated loan, about $356 million, with three of the country's largest banks to accelerate construction at its flagship O West development in Cairo.
