Orascom Construction

CEO: Orascom Construction says Egypt share offer will be priced in Egyptian pounds
Business

CEO: Orascom Construction says Egypt share offer will be priced in Egyptian pounds

Orascom Construction said on Saturday that its sale of new shares in Egypt would be priced in Egyptian pounds, CEO…
Orascom Construction to raise up to $241 mln in Egypt share offer
Business

Orascom Construction to raise up to $241 mln in Egypt share offer

Engineering and building giant Orascom Construction plans to raise as much as $241 million in a sale of new shares…
Egypt bans OCI founder, chairperson from travel
Business

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

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…
Stocks hit 9-day high as violence abates
Business

Stocks hit 9-day high as violence abates

Egyptian stocks recorded their highest gains in nine days on Tuesday after protests marking the resignation of former President Hosni…
Orascom Construction net income drops 54 percent
Business

Orascom Construction net income drops 54 percent

Egypt's Orascom Construction reported a 54 percent fall in first-quarter net income on Monday, partly due to the sale of…
Orascom Construction Q4 net falls more than expected
Business

Orascom Construction Q4 net falls more than expected

Egyptian group Orascom Construction reported a 34 percent drop in quarterly net income, missing expectations after being hit by debt…
Unit of Egypt’s OCI wins a US$578 million mall contract
Business

Unit of Egypt’s OCI wins a US$578 million mall contract

A unit of Egypt's Orascom Construction won the main US$578 million construction contract to build a mall in the capital…
Egypt’s OCI to develop Palm Hills property project
Business

Egypt’s OCI to develop Palm Hills property project

Egypt's Palm Hills Development, the country's second-biggest listed developer, said Orascom Construction (OCICq.L) had won the development contract for a…
Orascom Construction signs $146 million Abu Dhabi contract
Business

Orascom Construction signs $146 million Abu Dhabi contract

Egypt's Orascom Construction (OCI) (OCIC.CA) said on Wednesday it signed a $146 million contract in Abu Dhabi with Tecnimont SpA…
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