Egyptian Tycoon Detained in Organized Crime Probe

Egyptian authorities detained prominent businessman Sabri Nakhnoukh, froze his assets, and arrested several associates — including his brother — accusing them of running an organized crime syndicate involved in money laundering, theft, and illegal weapons possession; prosecutors allege the group used a private security firm as a front after a violent brawl at a Cairo car dealership prompted the investigation. Nakhnoukh, who previously received a presidential pardon in 2018 after a 2012 life sentence on weapons and narcotics charges, returned to public life as head of Falcon Group, a major private security company.