Soares family

The family's three brothers, Raphael, Youssef, and Felix, became prominent in political and economic activity in Egypt and founded the Suares Foundation in 1857.

The Sawaris family also owned stakes and shares in many companies, and many of its members held presidential and administrative positions in many of them.

Among the most prominent members of the family: Alice Sawaris, who married Youssef Qatawi Pasha and is the first runner-up to Queen Nazli, wife of King Fouad.

The bank's functions and business developed continuously throughout its history in accordance with the economic and political changes that the country went through.

It was founded in 1880 under the name of the Egyptian Land Bank and was co-founded by Mousa Qatawi, Raphael Soares, and Robert Rollo.

After the financial situation of the country stabilized, it was decided in 1888 to grant the Helwan concession to a private company made up of a number of wealthy people, including Moses Musiri, the Qatawi family, the Sawaris family, and other partners, so in 1890 they founded a company to manage this project.

It was known as the “Metropolitan and Cairo-Helwan Railway” with a capital of 120,000 pounds sterling and was granted the right to extend a line from Tora to Bab El Louk.

In 1891, the Council of Ministers approved granting a concession to the same company to extend a line from Helwan station to the Nile, passing through the Khedive Tawfiq Palace, for easy access to his yachts.

And from Fayoum to Sinorus, and was handed over to the Egyptian government after its completion, with the condition that he benefit from the company's profits for 20 years.

Sawaris also partnered with Castle and the Qatawi family to purchase 300,000 acres of Sunni Circle land and resell it to major landlords and real estate companies.

A carriage rides on it wearing a fez, a yellow suit, and a copper plate on his chest with his name and number.