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OC, Samcrete, and Arab Contractors in talks for EGP 7.5 bn railway renovations
The Transport Ministry is in talks with Orascom Construction, Samcrete and the Arab Contractors to overhaul and upgrade some 820…
Ring road to get overhaul with new bus rapid transit
One step closer to a better public transport system on the Ring Road: The Transport Ministry signed today an MoU…
OC is having a good quarter
The EGX30 fell 0.7% at today’s close on turnover of EGP 985 mn (23.5% below the 90-day average). Regional investors…
Orascom Financial pushes into fintech
Orascom Financial Holding (OFH) is making its entry into the fintech space, announcing today in an EGX statement (pdf) that…
Earnings Watch: OC
The EGX30 rose 1.6% at today’s close on turnover of EGP 819 mn (44.6% below the 90-day average). Foreign investors…
World’s largest agricultural wastewater treatment plant to be built in Upper Egypt
OC, HA JV to construct world’s largest waste treatment plant: A JV made up of our friends at Orascom Construction…
Also on our radar on 4 March 2021
Egypt wants international companies to help it reclaim a 500k-acre area in the Western Desert as part of the Toshka…
Kudos on 4 March 2021
Misr Capital, Banque Misr’s investment arm, has been named Egypt’s best investment bank in the 2021 edition of Global Finance’s…
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