Africa Business Communities

[ChatGPT Biography] Samih Sawiris, Founder of Orascom Development

Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write. We publish the results unedited - just to learn and see what Artificial Intelligence can bring us in its rapid development.

Today we let ChatGPT write the biography of Samih Sawiris


Samih Sawiris is an Egyptian billionaire businessman and founder of Orascom Development, a leading real estate and hospitality company that operates in several countries. He was born on June 19, 1957, in Egypt to a wealthy family with interests in the construction and hotel industries.

After completing his studies in Switzerland, Sawiris worked in the construction industry in Egypt, building projects such as the first five-star hotel in El Gouna, a resort town he later founded. He also worked on several other construction projects in Egypt, including a major expansion of the Cairo International Airport.

In 1989, Sawiris founded Orascom Development with a focus on developing tourist resorts in Egypt. The company went public in 1998 and has since expanded its operations to other countries, including Switzerland, Montenegro, Oman, and the United Arab Emirates. Orascom Development is known for its luxury resorts, residential properties, and commercial developments.

Sawiris has received numerous awards and recognition for his contributions to the tourism and hospitality industries in Egypt and beyond. In 2015, he was awarded the Knight Commander of the Order of the Star of Italy by the Italian government for his role in promoting tourism and cultural exchange between Egypt and Italy.

Sawiris is also a philanthropist and has donated significant amounts of money to various causes in Egypt and Africa. In 2014, he established the Sawiris Foundation for Social Development, which focuses on promoting education, healthcare, and social development in Egypt.


As of 2021, Sawiris has a net worth of over $2.5 billion, according to Forbes' list of billionaires. He continues to lead Orascom Development and is known for his entrepreneurial spirit, innovative thinking, and commitment to sustainable development.


About Orascom Development

Orascom Development is a leading real estate and hospitality company founded by Egyptian businessman Samih Sawiris in 1989. The company is headquartered in Switzerland and operates in several countries, including Egypt, Switzerland, Montenegro, Oman, and the United Arab Emirates.

Orascom Development is known for its luxury resorts, residential properties, and commercial developments. The company's developments are typically located in coastal areas and popular tourist destinations, with a focus on providing high-quality amenities and experiences to guests and residents.

In addition to its real estate and hospitality businesses, Orascom Development also operates in other sectors, including infrastructure and construction, renewable energy, and education. The company is committed to sustainable development and has implemented several initiatives to reduce its environmental impact and support local communities.

Orascom Development is a publicly traded company and has been listed on the SIX Swiss Exchange since 2001. The company has received numerous awards and recognition for its contributions to the real estate and hospitality industries, including being named "Best Developer in the Middle East and Africa" by the International Property Awards in 2018.

As of 2021, Orascom Development had a market capitalization of over CHF 700 million (approximately $760 million USD) and employed over 3,500 people. The company continues to expand its operations and is committed to providing high-quality real estate and hospitality experiences in some of the world's most beautiful and desirable locations.


 The content in this biography is generated by ChatGPT and published unedited by Africa Business Communities as an experiment. Africa Business Communities does not claim that the content is accurate

See here an oversight of all our ChatGPT biographies of Africa's most successful entrepreneurs



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