{"id":685926,"date":"2026-03-08T00:00:00","date_gmt":"2026-03-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/08\/nassef-sawiris-to-step-down-as-oci-global-executive-chair-amid-merger-freeze\/"},"modified":"2026-03-08T00:00:00","modified_gmt":"2026-03-08T00:00:00","slug":"nassef-sawiris-to-step-down-as-oci-global-executive-chair-amid-merger-freeze","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/08\/nassef-sawiris-to-step-down-as-oci-global-executive-chair-amid-merger-freeze\/","title":{"rendered":"Nassef Sawiris to step down as OCI Global executive chair amid merger freeze"},"content":{"rendered":"

Nassef Sawiris will step down as OCI Global\u2019s executive chair <\/strong>after more than two decades at the helm of one of the world\u2019s largest fertilizer producers \u201cdue to other professional commitments,\u201d according to a statement<\/a> from the Dutch-listed company. Sawiris will officially leave the role as of the company\u2019s next annual general meeting.<\/p>\n

Why this matters: <\/strong>This looks like a move from Sawiris to get the proposed merger with EGX- and ADX-listed Orascom Construction back on the table. Back in January, a Dutch court threw a wrench in the works by blocking the merger<\/a>, in part due to concerns over Sawiris\u2019 influence on the board.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sawiris will officially leave the role as of the company\u2019s next annual general meeting<\/p>\n","protected":false},"author":1,"featured_media":685927,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7231],"tags":[72,206,12482,363],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-685926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-enterpriseam","tag-moves","tag-oci","tag-orascom-construction","wpautop","entry"],"acf":{"mongo_id":"c6c06cf2-2111-4a6b-bfb1-91f652581436","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/375.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Nassef Sawiris to exit OCI Global chair after two decades","related_issue":[685907],"teaser":"Sawiris will officially leave the role as of the company\u2019s next annual general meeting"},"yoast_head":"\nNassef Sawiris to step down as OCI Global executive chair amid merger freeze - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/08\/nassef-sawiris-to-step-down-as-oci-global-executive-chair-amid-merger-freeze\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nassef Sawiris to step down as OCI Global executive chair amid merger freeze\" \/>\n<meta property=\"og:description\" content=\"Sawiris will officially leave the role as of the company\u2019s next annual general meeting\" \/>\n<meta property=\"og:url\" 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