Nassef Sawiris
Market falters for second day, loses LE5.2 billion
Business
March 5, 2013
Market falters for second day, loses LE5.2 billion
The main index of the Egyptian stock market fell 2.49 percent Tuesday, the second consecutive day of heavy losses for…
Market falls amid OCI travel ban, new regulations
Business
March 4, 2013
Market falls amid OCI travel ban, new regulations
The main index of the Egyptian stock market fell by a whopping 2.30 percentage points on Monday, the biggest losses…
Orascom: Disputed taxes LE4.7 billion, no travel ban for Sawiris
Egypt
March 4, 2013
Orascom: Disputed taxes LE4.7 billion, no travel ban for Sawiris
Orascom Constructions Industries said on Monday that the amount of taxes in dispute over the sale of Orascom Cement to…
Egypt bans OCI founder, chairperson from travel
Business
March 3, 2013
Egypt bans OCI founder, chairperson from travel
The prosecutor general’s office placed a travel ban on the founder of Orascom Constructions Industries Onsi Sawiris and his son,…
OCI transition to Dutch company moves forward
Business
February 13, 2013
OCI transition to Dutch company moves forward
Orascom Construction Industries announced Wednesday that a majority of its shareholders had agreed to transfer their shares to a Dutch-based…
Court commissioners reject appeal against renationalization of company
Egypt
June 13, 2012
Court commissioners reject appeal against renationalization of company
The commissioners to the State Council Administrative Court have rejected a government appeal against an earlier administrative court ruling to…