Orascom Construction Industries
Forbes: Billionaire Sawiris’ net worth soars to $7.9 billion
Egypt
July 24, 2019
Forbes: Billionaire Sawiris’ net worth soars to $7.9 billion
Forbes updated Nassef Sawiris’ net worth to record US$7.9 billion after it witnessed a significant $1.5 billion rise over the…
Egypt’s Nassef Sawiris grants US$6 mn for Executive Education program in El Gouna
Egypt
May 31, 2019
Egypt’s Nassef Sawiris grants US$6 mn for Executive Education program in El Gouna
Egypt’s famed billionaire Nassef Sawiris along with the Sawiris Foundation gifted the University of Chicago Booth School of Business a…
Egypt restores Eliyahu Hanavi Synagogue in Alexandria
Egypt
August 3, 2017
Egypt restores Eliyahu Hanavi Synagogue in Alexandria
Egypt’s Ministry of Antiquities said on Thursday that preparations are underway to restore the Eliyahu Hanavi synagogue in Alexandria. Arab Contractors…
Egypt’s Orascom Construction wins $420 mn power plant contract
Business
January 11, 2016
Egypt’s Orascom Construction wins $420 mn power plant contract
Egypt's Orascom Construction has been awarded a $420 million contract to revamp two government-owned power stations, the company said on…
OCI, IPIC sign deal for Egyptian coal-powered plant
Business
March 17, 2015
OCI, IPIC sign deal for Egyptian coal-powered plant
Orascom Construction Industries (OCI) said Tuesday it had reached an agreement with the International Petroleum Investment Company (IPIC) for the…
Orascom donates retrieved tax payments to Long Live Egypt fund
Business
November 13, 2014
Orascom donates retrieved tax payments to Long Live Egypt fund
OCI NV, the parent company of Orascom Construction Industries, said its board unanimously agreed Thursday to transfer LE2.5 billion-- an…
Orascom Construction Industries acquitted of Tax Evasion
Business
March 4, 2014
Orascom Construction Industries acquitted of Tax Evasion
OCI NV announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s Egyptian subsidiary, Orascom Construction Industries SAE…
The Return Of Egypt’s Elite
Business
September 4, 2013
The Return Of Egypt’s Elite
Those who were punished under Mohammed Morsy are getting their own back.The chief executive of Egypt’s biggest construction company, Orascom…
Egypt billionaire Sawiris family to invest “like never before”
Business
July 15, 2013
Egypt billionaire Sawiris family to invest “like never before”
Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers will be "investing…