Orascom Construction Industries

Stock market rises after news about Orascom settlement
Business

Stock market rises after news about Orascom settlement

Heavyweight Orascom Construction Industries gained 2.6 percent after a choppy session on unconfirmed news reports it would soon resolve a…
Orascom denies settlement with government
Business

Orascom denies settlement with government

Statements by Finance Minister al-Morsy Hegazy and the Real Estate Tax Authority over negotiations with Orascom Construction Industries to end…
Orascom may pay blns to reconcile with Tax Authority
Egypt

Orascom may pay blns to reconcile with Tax Authority

  Orascom Construction Industries may have reconciled with the Tax Authority by agreeing to pay LE6 billion in back taxes,…
Orascom woes weigh market down Thursday; EGX30 drops 2 percent
Business

Orascom woes weigh market down Thursday; EGX30 drops 2 percent

A sudden drop in Orascom Construction Industries (OCI) shares on Thursday led the main EGX30 stock index to nosedive by…
Orascom buyout battle scars stock market
Business

Orascom buyout battle scars stock market

A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries may inflict damage on the Egyptian…
Government source says Orascom dispute to end soon, company denies wrongdoing
Business

Government source says Orascom dispute to end soon, company denies wrongdoing

The Tax Authority is about to reach a tentative reconciliation with Orascom Construction Industries to end a dispute over the company’s tax…
Stocks recover some of week’s losses
Business

Stocks recover some of week’s losses

The main index of the Egyptian stock exchange rose 1.95 percentage points Thursday, continuing to recovering from significant losses sustained…
EGX30 recovers slightly Wednesday after heavy losses
Business

EGX30 recovers slightly Wednesday after heavy losses

The EGX30, the Egyptian Stock Exchange’s main index, recovered slightly Wednesday and gained 0.42 percent following two consecutive days of…
Tax authority to meet OCI over tax dispute worth LE14 million Sunday
Business

Tax authority to meet OCI over tax dispute worth LE14 million Sunday

Orascom Construction Industries said Wednesday that it will sit down with the Egyptian Tax Authority on 10 March to discuss…
Market falters for second day, loses LE5.2 billion
Business

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…
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