In 2011, he became a Montenegrin citizen and purchased a 12.5% share in FC Luzern, a Swiss football team. Orascom Development Holding AG was formed when the two companies merged. In 1996, he founded Orascom Projects for Touristic Development, and in 1998, he founded Orascom Hotels and Development. In 1980, he graduated from the Technical University of Berlin with a diploma in engineering management. Samih was born in Cairo in 1957 and has built his career through his unwavering determination. He is an Egyptian-Montenegrin who is the brother of Naguib and Nassef Sawiris. Samih Sawiris via Business Today So who is Mr. ![]() ![]() ![]() My idea was that Naguib Samih Sawiris and CEO Omar el-Hamamsy would establish a unique team.the most efficient team… to successfully lead the company into the future. Samih clarified to the public that his decision was based on a vision rather than chance, stating: The mantle will now be passed to his son Naguib Sawiris. After 30 years of giving, Egyptian construction magnate Samih Sawiris relinquishes his long-held role as the chairman of Orascom Development Holding.
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