Safwan Thabet ( ar, صفوان أحمد ثابت السميري - b. 1946) is an Egyptian businessman, and founder of the dairy company

Juhayna Food Industries Juhayna Food Industries is an Egyptian company established in 1983 and began producing dairy, yogurt, and juice in April 1987 with a capital of £E1.3 million. Juhayna Dairy was merged into Juhayna Food Industries in 2004 to become a company spec ...

. Safwan Thabet is the grandson of the

Egyptian Muslim Brotherhood In Egypt, the Muslim Brotherhood ( ar, جماعة الاخوان المسلمين ''jamāʿat /al-ikhwan/el-ekhwan al-muslimīn'', ) is a Sunni Islamist religious, political, and social movement,Eric Trager,The Unbreakable Muslim Brotherhood" ...

's second leader

Hassan al-Hudaybi Hassan al-Hudaybi (also Hassan al Hodeiby) ( ar, حسن الهضيبي) (December 1891 – 11 November 1973) was the second "General Guide", or leader, of the Muslim Brotherhood organization, appointed in 1951 after founder Hassan al-Banna's ass ...

(son of his daughter), who led the group during the

Nasser era The history of Egypt under Gamal Abdel Nasser covers the period of Egyptian history from the Egyptian Revolution of 1952, of which Gamal Abdel Nasser was one of the two principal leaders, spanning Nasser's presidency of Egypt from 1956 to his d ...

and nephew of

Ma'mun al-Hudaybi Ma'mun al-Hudaybi ( ar, مأمون الهضيبي) (May 28, 1921 – January 8, 2004) was the sixth General Guide of the Muslim Brotherhood in Egypt. He briefly succeeded Mustafa Mashhur as General Guide in 2002, and headed the Islamist group un ...

, the Sixth General Guide of the Brotherhood between 2002 and 2004.

Arrest

Thabet has had his assets frozen by the Egyptian courts since 2015 (except those in Juhayna since it's a publicly listed company) and was arrested in December 2020 on accusations of funding a terrorist group. The Egyptian public prosecution estimated his assets in 2015 to be around seven billion Egyptian pounds, roughly equaling US$900 million at the time. After his arrest, his son Seif started managing the company, before being arrested too in February 2021. Despite his arrest, Thabet and his family were able to still remain in control of the dairy company through a convoluted schema of ownership and internal net of employees all affiliated to the family. Thabet and his son were released in January 2023.

References

{{reflist 1946 births Living people 20th-century Egyptian businesspeople 21st-century Egyptian businesspeople Egyptian company founders 20th-century Egyptian engineers 21st-century Egyptian engineers