Hussein Salem
Hussein Salem | |
|---|---|
| Born | حسين سالم 11 November 1933 Cairo, Egypt |
| Died | 12 August 2019 (aged 85) Madrid, Spain |
| Nationality |
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| Occupation(s) | Jolie Ville Resort owner, East Mediterranean Gas Company co-owner |
| Known for | Business mogul, relationship with Hosni Mubarak, investigated for corruption and squandering public money |
Hussein Salem (11 November 1933 – 12 August 2019) (Arabic: حسين سالم) was an Egyptian businessman, co-owner of the East Mediterranean Gas Company (EMG), and ally and advisor to former president Hosni Mubarak. He was also the chairman and CEO of HKS Group, a hospitality company that operates Maritim Jolie Ville Resort in Sharm El Sheikh. He was described as "one of the most secretive businessmen in Egypt", a mogul, and Mubarak's close confidant. He was known as the "Father of Sharm El Sheikh" due to his resort development activities. Per Suisse secrets held accounts at Credit Suisse for years, even after he had been publicly accused of bribery.