Egyptian businessman Nassef Sawiris plans to move his family office to Abu Dhabi. The Egyptian billionaire will return the headquarters of NNS Group to Abu Dhabi Global Market (ADGM), the international financial center of the UAE capital, subject to regulatory approval.
NNS Group aims to build significant stakes in a large number of companies, especially in Europe, the Middle East, and North America.
Sawiris is Egypt's richest man, with a net worth of around $7.6 billion, according to the Bloomberg Billionaires Index. He has invested in German sporting goods maker Adidas AG as well as in English football club Aston Villa.
Source (Al-Arabiya.net Website, Edited)
