BERLIN - Nobel-prize-winning Egyptian novelist Naguib Mahfouz’s “Wedding Song,” about the vibrant 1970’s Cairo theatre scene, will be adapted into an Arab TV series with international ambitions by iProductions, the new film and TV outfit bankrolled by Egyptian billionaire Naguib Sawiris.Amgad Sabry, who is CEO of iProductions, made the treck to Berlin EFM mart also to launch feature film “Mawlana,” which is being touted as a daring Egyptian drama about an Imam contending with both moral issues raised by rampant corruption and...
This Egyptian billionaire and media mogul has built his fortune in the telecom sector, starting with Egyptian phone company Orascom, his family business.
Sawiris has led the growth of Orascom, which culminated in a merger deal with Italy’s Wind Telecom and VimpelCom in April 2011, which at the time created the world’s sixth largest mobile telecommunications provider by number of subscribers, with operations in 20 countries serving 181 million customers.
Naguib is known as an innovator in the TV sector. Satellite broadcaster ONTV, which he launched in 2009, played a key role during Egypt’s 2011 revolution and competed with Al-Jazeera as an independent outlet, though not limited to news. In 2012, he sold ONTV to Franco-Tunisian mogul Tarak Ben Ammar, who merged it with North Africa’s Nessma network, creating a pan-Arab TV platform and media group with a foothold in Europe.
In the late 1990’s Naguib launched production and exhibition Egyptian film outfit Renaissance Cinemas in Egypt, which he subsequently sold to pan-Arab TV channel Al-Arabia. In 2016, Naguib bankrolled iProductions, a new Egyptian film and TV production company, which that year made romancer “Hepta: The Last Lecture,” a big box local office hit.
He has a Masters in Technical Administration from the Swiss Federal Institute of Technology Zurich and a Diploma in Mechanical Engineering from the German Evangelical School, Cairo, Egypt.