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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…
Orascom Construction net income nearly triples in 1H 2023
The company’s revenues fell 19% y-o-y during 2Q 2023
Orascom + Co sign land allocation agreement for 3-GW wind farm + more energy news
Developers planning to install a combined 28 GW of wind capacity now have land in Sohag Governorate
Singapore chemicals firm to invest USD 700 mn in 2 factories. PLUS news from BP, Orascom Construction, aiBank, Glamera, and Waterway Developments.
PLUS: BP to drill four exploratory gas wells in the Mediterranean before the end of the year
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