Orascom Group
From Wikipedia, the free encyclopedia
(Redirected from Orascom)
The Orascom Group is an Egyptian conglomerate, established in 1976. The success of ventures within the Orascom Group as well as the other sectors of the company led to the management decision in 1997 to split Orascom into separate operating companies: Orascom Telecom Holding (OTH), Orascom Construction Industries (OCI), and Orascom Developments and Hotels (ODH).
Orascom was founded in 1950, by Onsi Sawiris. It has invested capital of over $3 billion and an annual revenue over $1 billion. The companies in the group are run by Onsi Sawiris' three sons:
- Naguib Sawiris (born in 1954)
- Samih Sawiris (born in 1957)
- Nassef Sawiris (born in 1961)
The Orascom companies include:
- Orascom Telecom Holding (in Arabic اوراسكوم تيلكوم), Executive Chairman Naguib Sawiris
- Orascom Construction Industries (in Arabic أوراسكوم للإنشاء والصناعة), CEO Nassef Sawiris
- Orascom Hotels and Development (in Arabic أوراسكوم للفنادق والتنمية), CEO Samih Sawiris
- Orascom Technology Solutions
- OTV (Channel)
- Djezzy GSM
