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From Cement to antiquities trade .. Who is the arrested businessman Hassan Rateb?

A South Cairo Court judge decided, Today, to renew the detention of businessman Hassan Rateb for 15 days pending investigations on the accusation of funding former MP Alaa Hassanin in illegal archaeological excavations.


Rateb's arrest late on Monday came over his alleged involvement in financing a gang of 17 people, led by former MP Hassanin, according to a statement.

From Cement industry to antiquities trade, a long history of investments and commercial growth Hassan Rateb had, “Trendify” lists the most important information about the arrested businessman, as follows:

  • He was born on 23rd of February 1947

  • He holds a PHD in Political Science from Kensington University, California, United States

  • He was from 1974 to 1979 the financial and administrative director of the Schenker International Shipping Agency in Saudi Arabia

  • He was the Managing Director of the Board of Directors of the Danish Gulf Dairy Company in Saudi Arabia from 1979 to 1982

  • Partner and Chairman of the Board of Directors of Al-Ghamdi Company in Saudi Arabia (1982-1984)

  • Upon return to Egypt, his beginning was in Al-Arish, North Sinai

  • He is married to the broadcaster Gihan Labib

  • He was a friend of the late Sheikh Azhar, Muhammad Metwally Al Shaarawy

  • He owned Al Mehwar TV channel

  • Owner of Sinai University

  • Owner of the Sinai White Cement Factory

  • Owner of the Sama Sinai Investment Group

  • Founder of the Sinai Foundation for Social Development.

  • Founder of the Sama Foundation for Social Development.

  • He had a dispute with Alaa Hassanein over $3 million, but Ratib announced his reconciliation with him and refunded the amount.

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