#euronews
Egypt's second richest man, and member of the richest family in Egypt, Naguib Sawiris has announced his intentions to acquire 53 percent of Euronews media for a total of $US40 million. Sawiris, who has a net worth of $3.1 billion, plans to join 23 public broadcasters which are its current shareholders. Despite his intention to obtain a majority share, Sawiris promised to maintain the company's editorial independence. “I will be committed to carefully respecting the editorial independence and the mission of…
