Orascom Construction
Orascom Construction to raise up to $241 mln in Egypt share offer
Business
February 19, 2015
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
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…
Stocks hit 9-day high as violence abates
Business
February 12, 2013
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
June 11, 2012
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
March 27, 2012
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
October 16, 2011
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
September 27, 2011
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
March 2, 2011
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…