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CI Capital, Orascom Construction report 9M 2023 earnings
CI Capital’s net income climbed 54% y-o-y to reach EGP 747 mn in 9M 2023, driven by a strong growth…
Orascom Real Estate lands EGP 6 bn to finance O West construction
A portion of the loan will be used to refinance a EGP 1.5 bn bridge facility
Negotiations underway for Sixth October-Abu Simbel high-speed rail line loan
We might be getting fresh funding for our second high-speed rail line: The Madbouly government has opened talks with international…
What the markets are doing on 11 October, 2023
MARKET NEWS- Orascom Construction will be paying dividends of EGP 8.5 per share on the company’s 2022 earnings, it said…
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
What the markets are doing on 19 September, 2023
Orascom Construction’s board of directors approved paying out dividends of USD 0.275 per share on its FY 2022-2023 earnings, payable…
Private players in talks to develop USD 2 bn Eastern Desert industrial zone
Orascom, Elsewedy, CPC Egypt, and IDG are all in talks to establish the zone
Competition watchdog alleges aluminum price-fixing. PLUS: News from Thales, Orascom, Maersk, EgyptAir, Kronospan, and HEDG.
COMPETITION- Competition watchdog sues 14 aluminum firms, alleging price fixing: The Egyptian Competition Authority (ECA) has filed charges against 14…
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