Bloomberg News

Egyptian Billionaire Sawiris Visiting North Korea, KCNA Says

February 01, 2012

Feb. 1 (Bloomberg) -- Egyptian billionaire Naguib Sawiris is visiting North Korea, the state-run Korean Central News Agency reported without elaborating.

Sawiris, the founder of Orascom Telecom Holding SAE, bought a 25-year mobile phone license in North Korea in 2008. He was visiting Pyongyang in January last year when the Egyptian uprising against former President Hosni Mubarak broke out.

To contact the reporter on this story: Sangwon Yoon in Seoul at

To contact the editor responsible for this story: Digby Lidstone at

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