Sipromad wins €1m court case against Naguib Sawiris' Euronews

Ylias Akbaraly (left), owner of the company Sipromad, and the Egyptian businessman Naguib Sawiris (right).
Ylias Akbaraly (left), owner of the company Sipromad, and the Egyptian businessman Naguib Sawiris (right). © Twitter/@Ylias_Akbaraly/Benno Schwinghammer/dpa/picture-alliance/Newscom/MaxPPP
After lengthy proceedings, a Paris court has ruled in favour of Madagascan company Sipromad in the dispute pitting it against Egyptian tycoon Naguib Sawiris' Euronews TV channel, over the failed takeover of Africanews in 2019. [...] (314 words)
Issue dated 30/11/2021 Reading time 2 minutes
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