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Naguib Sawiris likes to think of himself as the Middle East's answer to Richard Branson. Last year the Egyptian entrepreneur started operating what is so far Iraq's only mobile-phone network. After just six months, his company, Orascom Telecom, already has more than half a million subscribers there, earning it $95 million before taxes and interest. Like Branson, Sawiris is a music lover - he calls himself a "party animal" - and has a taste for risky ventures. To date, six Orascom engineers and technicians have been kidnapped in Iraq and two of its sites have been shot...
...Sawiris stands on the edge of one of the biggest risks of his life. Last week, he began exclusive talks with the Italian utility Enel to acquire its mobile-phone network, Wind, in a deal that values the firm at ?12.2 billion. Assuming Sawiris pulls it off, the Wind deal will be the largest private-equity takeover in European history. It will also put him in the unusual position of building the first European telecom powerhouse out of Egypt...
...Bigger than rock stars, more influential than television anchor people, when any combination of the former Presidents takes the stage it has huge impact in global politics; free trade, AIDS awareness, terrorism alert. The number of requests for appearances and endorsements now flood all their offices, and a subterranean network of staffers has sprung up so they can brush off imposters who falsely claim one of the other members has signed on to some cause...
...order to do the show the way it was, you really can only do that with a [major] network,” claims MacFarlane. “Family Guy” required seventeen full-time writers to keep up with the joke demand for each episode, a stretch to fund on a cable show’s budget...
...last Friday’s performance, the entire front section of the Sanders main floor was filled with grown-up folks from the Pierian Foundation, HRO’s alumni support network. In addition to simply coming to the concerts, the Pierians provide funding for the orchestra and help with decision making and logistical planning...