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A blockbuster gold discovery may have killed Sawiris’ chances of nabbing Shalateen Mining
A blockbuster gold discovery may have killed Sawiris’ chances of acquiring Shalateen Mining: Naguib Sawiris’ interest in a majority stake…
Your top infrastructure stories
Your top infrastructure stories for the week: Transit: The National Authority for Tunnels awarded a consortium of Hill International and…
How the pandemic has (temporarily) cooled growth forecasts for Egypt’s construction industry
How the pandemic has (temporarily) cooled off growth forecasts for Egypt’s construction industry: While the covid-19 pandemic has had minimal…
Hassan Allam, Orascom Construction to build five towers in New Alamein
Orascom Construction and Hassan Allam have won contracts from the New Urban Communities Authority (NUCA) to build five towers in…
EBRD approves USD 25 mn loan for Orascom Construction
The European Bank for Reconstruction and Development (EBRD) has approved a two-year USD 25 mn working capital loan to Orascom…
OIH will split into two companies: One running financial services, the other with all other investments
DEMERGER WATCH- Who gets what as OIH splits in two? The Financial Regulatory Authority (FRA) has approved Orascom Investment Holding’s…
Earnings Watch- Orascom Construction reports USD 9.5 mn in net profit in 2Q2020
EARNINGS WATCH- Orascom Construction (OC) profits dropped to USD 9.8 mn 2Q2020, down from USD 31.3 mn in 2Q2019, the…
How Egypt built its first transit hub
How Egypt built its first transit hub: With last week’s inauguration of the fourth phase of the EGP 32 bn…
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