Thursday, February 19, 2009


"In an unprecedented action, the first following the recent Israeli war on Gaza, workers of an Egyptian Fertilizers Company in Suez protested on Saturday February 7th against the export of fertilizers to Israel.

The Fertilizers Egyptian Company is owned by Sawiris family, Naguib Sawiris ranks 62 in Forbes’ world’s richest list, while his father Onsi ranks 96 and his brother Nassif ranks 226, under the name Orascom construction company. Fertilizers Egyptian Company signed an agreement to export 1000 tons of phosphate fertilizer to Israel, at a rate of 100 tons per week. An estimated 800 Egyptians work at this factory." (Thanks Marcy)

Orascom just made a major investment in telecom in Lebanon

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