Sawiris-backed Orascom Construction, OCI Global plan merger to form infrastructure and investment giant
The proposal would see Orascom absorb and delist OCI
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The proposal would see Orascom absorb and delist OCI
Revenues from Middle East and Africa operations nearly doubled y-o-y
PLUS- More Chinese textile companies are kicking the tires on investment opportunities in Egypt
Net income attributable to shareholders fell 45.6% y-o-y during the quarter
Orascom Construction saw its net income increase 0.4% y-o-y in 2024
The 3 GW combined-cycle gas-fired power plant will be equipped with carbon capture technology and a 380 kV electrical substation
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PLUS- Orascom Construction will build the American University in Cairo’s 65-feddan expansion
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