Egyptian Samih Sawiris, owner of Orascom Development Holding ...
Feb 14th, 2012
(Reuters) - Egyptian Samih Sawiris, owner of Orascom Development Holding (OHD) poses in a sample room of the Chedi Andermatt Hotel which is under construction in the central Swiss village of Andermatt February 14, 2012. Sawiris is building a spectacular five star Alpine hotel resort in Andermatt. REUTERS /Arnd Wiegmann (SWITZERLAND - Tags: BUSINESS SOCIETY TRAVEL) -
By Tom Perry and Yousri Mohamed CAIRO/ISMAILIA (Reuters) - Seven Egyptian security men kidnapped by Islamist militants in Sinai last week were freed on Wednesday and President Mohamed Mursi vowed to pursue a crackdown on lawlessness in the desert peninsula. The abduction underlined the threat posed by jihadists who have exploited a security vacuum ... [Full Article]
DHAKA, Bangladesh (AP) - The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive, vibrating equipment operating when the eight-story building collapsed, a committee appointed ... [Full Article]
RIYADH (Reuters) - A subsidiary of Saudi Arabia's Kingdom Holding Co last week agreed to refinance the debt it used to buy London's Savoy Hotel with a new 200 million-pound loan, it said on Saturday. Breezeroad is 50 percent owned by Kingdom, the investment vehicle of billionaire Prince Alwaleed bin Talal. The financing was agreed with Cr... [Full Article]