construction Archives

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…

The commodity price shock is pushing up prices of building materials in Egypt, with local steel and cement prices soaring…

Good morning, friends, and happy hump day. We have a particularly packed issue this morning, so let’s jump right in:…

Egypt’s banks processed 1 bn electronic transactions in 2021 worth a total of EGP 2.8 tn, said the Central Bank…

An escalation of the conflict between Russia and Ukraine could send already soaring food prices even higher, especially for countries…

Redcon Construction is looking to make its EGX debut in 4Q2023 or 1Q2024, Vice Chairman Ahmed Abdallah told Enterprise, confirming…

Non-oil business activity in Egypt contracted for the fourteenth consecutive month in January on the back of weaker demand and…

Our friends at Orascom Construction saw total new awards rise 22% y-o-y in 2021 to hit USD 3.5 bn, the…

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