Billionaire Naguib Sawiris pours another $400 million into gold as geopolitical tensions push him to cut Egypt real estate
Billionaires Africa | 24.04.2026 21:56
Naguib Sawiris has added $400 million to his gold mining investments since the current wave of geopolitical tensions began, he told Alarabiya Business, cementing a portfolio shift that has seen Egypt's richest man move capital away from domestic real estate and toward assets he describes as safe havens he does not intend to leave.