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Nassef Sawiris lands in Paris the week of his $50 billion infrastructure push
The Egyptian billionaire touches down at Le Bourget after a Greek island getaway, setting the stage for meetings tied to his new U.S. infrastructure platform.
By celebplanes · 1 min read · Nassef Sawiris
Nassef Sawiris
Nassef Sawiris flew from Birma Air Base in Greece to Paris-Le Bourget on June 19, a three-hour-and-37-minute hop in his Gulfstream G700. The flight follows a weekend in the Cyclades: his aircraft had visited Mykonos and Naxos days before.
The trip to Paris comes as Nassef Sawiris pushes forward with the merger of OCI Global and Orascom Construction into an Abu Dhabi-anchored infrastructure platform targeting $50 billion in U.S. investment, per a report in Billionaires.africa this May. While his family office has shifted from London to Abu Dhabi and Italy, Paris remains a hub for the European financial community that backs such deals.
Nassef Sawiris, who owns nearly 6% of Adidas and a majority stake in Aston Villa, has been consolidating his corporate structure in recent months, raising his Orascom Construction holding to nearly 44% in April. The short hop from the Greek islands to the French capital suggests a pattern: leisure punctuated by business, with the G700 serving as a mobile office between continents.
Aboard the Gulfstream G700
The aircraft
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