Egyptian Billionaire Leaves OCI

Nassef Sawiris is stepping down as executive chair of OCI Global, the Amsterdam-listed nitrogen and chemicals group he built into one of the world's largest fertilizer producers over more than two decades.

OCI announced on March 3, 2026 that Sawiris had informed the company of his intention to leave the role at its next annual general meeting, citing other professional commitments. No date for the AGM was given. The company said it would announce a replacement executive director in due course.

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