Orascom Construction
Orascom Construction says banks offer US$1.95 bn for Egypt power station
Business
March 16, 2015
Orascom Construction says banks offer US$1.95 bn for Egypt power station
Orascom Construction is planning to raise $1.95 billion in syndicated loans, which will be used for the $3 billion first…
EGX: Orascom Construction to start trading in Egypt on Weds
Business
March 10, 2015
EGX: Orascom Construction to start trading in Egypt on Weds
Shares in Egypt's Orascom Construction (OC) will start trading on the Cairo stock market on Wednesday, the Egyptian Exchange said…
Orascom Construction offers 11 pct of shares in $185 mln IPO
Business
March 4, 2015
Orascom Construction offers 11 pct of shares in $185 mln IPO
Orascom Construction plans to offer 11 percent of its shares on the Cairo bourse to raise 1.41 billion Egyptian pounds…
CEO: Orascom Construction says Egypt share offer will be priced in Egyptian pounds
Business
February 21, 2015
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
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…