Naguib Sawiris Pays a Heavy Price Investing in North Korea (allAfrica.com)

In 2011 telecom magnate Naguib Sawiris grabbed the world’s attention with his friendly meeting with North Korean leader Kim Jong-il, three years after he pumped huge investments into the DPRK’s virgin mobile services industry. His meeting with Jong-il coincided with Sawiris’s founding of an Egyptian political party, joining the fray of new faces that entered theā€¦

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