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Orascom Construction and Al Ahly Capital to build West Cairo industrial park
Orascom Construction + Al Ahly Capital partner on new industrial park: Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC)…
Earnings watch: Orascom Construction, MNHD, GB Auto
Orascom Construction’s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings…
Scatec inks Ain Sokhna green hydrogen pact with SFE and OC
Welcome to our much greener future: The Sovereign Fund of Egypt (SFE), Norway’s Scatec, Nassef Sawiris-backed ammonia producer Fertiglobe and…
OC named most valuable Egyptian brand
Brand Finance has named Orascom Construction as Egypt’s most valuable brand, valuing it at USD 558 mn. Rounding out the…
Orascom Construction net income up 29% in 2021
Orascom Construction (OC) reported USD 113.4 mn in net income attributable to shareholders in 2021, up 29% y-o-y, according to…
Gov’t to pay EUR 150 mn to Alstom consortium for monorail work
The Transport Ministry will soon pay out EUR 150 mn to the Alstom-led consortium implementing the Sixth of October-new capital…
Siemens-led consortium set to sign on second + third high-speed rail lines next month
Contracts for second + third lines of Egypt’s high-speed railway to be signed in March: The Transport Ministry and the…
Metito, Scatec, OC eye USD 1.5 bn desalination facility
USD 1.5 bn solar-powered desalination plant in the works? A consortium made up of UAE-based Metito Holdings, Scatec Solar, and…
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