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Nassef Sawiris's Gulfstream G700 returns to Cairo after Mykonos stop during OCI takeover bid

If aboard, the return flight coincides with the billionaire's EUR 4.10 per share bid to take OCI Global private.

By celebplanes · 1 min read · Nassef Sawiris

Nassef Sawiris — owner of M-USIK (Gulfstream G700)

Nassef Sawiris

Nassef Sawiris's Gulfstream G700 (M-USIK) flight path — LGMK — Mykonos Island National to HECA — Cairo
Flight path · LGMK — Mykonos Island NationalHECA — Cairo · 1h 21m airborne
Departure
LGMK — Mykonos Island National
Arrival
HECA — Cairo
Airborne
1h 21m
Distance
528 nm
CO₂
5.6t

Nassef Sawiris's Gulfstream G700 (tail M-USIK) was tracked departing Mykonos Island National Airport at 17:35 UTC on June 30, 2026, and landing at Cairo International Airport 81 minutes later, per flight data. The aircraft had spent several days shuttling between the Greek island, Paris, and other European destinations before heading back to Egypt.

If Nassef Sawiris was aboard, the flight would bring him home the same week he launched an unsolicited all-cash offer to take OCI Global private at EUR 4.10 per share, as reported by billionaires.africa [billionaires.africa](https://www.billionaires.africa/2026/06/26/egyptian-billionaire-nassef-sawiris-makes-unsolicited-bid-to-take-chemical-giant-oci-global-private-at-eur-4-10-per-share/). The bid aims to resolve a months-long governance deadlock over OCI's proposed combination with Orascon Construction, with minority shareholders pushing for a cash exit.

The brief Mykonos stop fits Sawiris's pattern of mixing Mediterranean leisure with business travel — he also owns Aston Villa FC and manages a global investment portfolio. With the OCI offer memorandum now submitted to Dutch regulators, the return to Cairo may signal preparations for the next phase of the take-private process.

Aboard the Gulfstream G700

Gulfstream G700 exterior — Nassef Sawiris's private jet (M-USIK)
Gulfstream G700 cabin floor plan — Nassef Sawiris's private jet interior layout
Exterior & cabin layout · Gulfstream G700

The aircraft

Type
Gulfstream G700
Tail
M-USIK
Max alt
41,000 ft
Max speed
515 kt

End of article · celebplanes