Following Nassif Sawiris’s recent decision to relocate his investment management to the Emirates, his brother, Egyptian businessman Naguib Sawiris, clarified that transferring the business headquarters to the UAE does not mean that he closed his investments in Egypt. All he did was change the location of his wealth management office from London to Abu Dhabi, he assured. Nassef Sawiris is the richest man in Egypt, with a net worth of about US$7.6 billion, according to the Bloomberg Billionaires Index. “The Egyptian billionaire, the younger brother of Naguib Sawiris, intends to redomicile his NNS Group in the Abu Dhabi Global Market, subject to regulatory approval. From there, NNS Group aims t
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