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Orascom Construction profits drop 38% y-o-y in 2Q2019
EARNINGS WATCH- Orascom Construction profits drop 38% y-o-y in 2Q2019 to USD 31.3 mn, compared to USD 50.6 mn a…
Mitsubishi-Orascom consortium wins tender for first phase of metro line 4
The National Authority for Tunnels awarded a Mitsubishi-Orascom consortium the contract to construct the railway and depot, and to set…
Egypt signs USD 4.5 bn agreement for monorails to Giza and new capital
Orascom’s long awaited USD 4.5 bn monorail agreement finalized: A consortium of Bombardier Transportation, Orascom Construction and Arab Contractors signed…
Egypt signs agreement with Canada’s Bombardier for NAC monorail project
Our monorail dreams are a little bit closer: The Transport Ministry signed yesterday a contract with Canada’s Bombardier to build…
Orascom, Besix to finish bulk of building Grand Egyptian Museum by end-2019
The Grand Egyptian Museum is close to being fully built, phase 3 project director Laurens Schokking told Construction Week. Concrete,…
My Morning Routine: Haitham Mohamed, chief executive officer at ORA Developers
Haitham Mohamed, chief executive officer at ORA Developers: My Morning Routine looks each week at how a successful member of…
Orascom Construction adds USD 935 mn of backlog in 2Q
Orascom Construction boosts backlog with USD 935 mn in new projects in 2Q2019: Orascom Construction has added USD 935 mn…
Metito to establish EGP 1.6 bn desalination plant in El Arish
UAE-based water treatment company Metito will establish a EGP 1.6 bn water desalination plant in El Arish with a capacity…
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