Nassef Sawiris, Egypt’s richest person, relocates to Italy over tax changes in UK
The UK's abolition of the 200-year-old tax status prompted Sawiris, Africa's fourth-richest person with a $9 billion fortune, to reconsider his options.
United Kingdom
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Egyptian billionaire Mohamed Mansour appointed to newly created Investment Advisory Board in UK
The board will serve as the UK government’s foreign investment advisory body to Egypt.