{"id":559731,"date":"2021-02-02T04:13:24","date_gmt":"2021-02-02T04:13:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/"},"modified":"2021-02-02T04:13:24","modified_gmt":"2021-02-02T04:13:24","slug":"orascom-construction-nets-usd-920-mn-in-awards-in-4q2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","title":{"rendered":"Orascom Construction nets USD 920 mn in awards in 4Q2020"},"content":{"rendered":"<p><strong>Orascom<\/strong><strong> Construction (OC) secured almost USD 920 mn in new awards in <\/strong><strong>4Q2020<\/strong>, bringing the total value of projects added to its backlog in 2020 to USD 2.9 bn, the company said in <a href=\"https:\/\/ent.news\/2021\/2\/Q4-2020-New-Awards-Press-Release.pdf\">a press release (pdf)<\/a> yesterday. Some 62% of awards during the quarter were for projects in Egypt, while the remainder came from projects in the US. OC\u2019s estimated consolidated backlog was valued at USD 5.3 bn by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom Construction (OC) secured almost USD 920 mn in new awards in 4Q2020, bringing the total value of projects added to its backlog in 2020 to USD 2.9 bn, the company said in a press release (pdf) yesterday. Some 62% of awards during the quarter were for projects in Egypt, while the remainder came from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7562],"tags":[130,72,363,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559731","post","type-post","status-publish","format-standard","hentry","category-construction","tag-construction","tag-enterpriseam","tag-orascom-construction","tag-us","wpautop","entry"],"acf":{"mongo_id":"880d7126-2f8a-4069-a972-b1e8f7a4e9c9","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559716],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orascom Construction nets USD 920 mn in awards in 4Q2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction nets USD 920 mn in awards in 4Q2020\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction (OC) secured almost USD 920 mn in new awards in 4Q2020, bringing the total value of projects added to its backlog in 2020 to USD 2.9 bn, the company said in a press release (pdf) yesterday. Some 62% of awards during the quarter were for projects in Egypt, while the remainder came from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-02T04:13:24+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Construction nets USD 920 mn in awards in 4Q2020\",\"datePublished\":\"2021-02-02T04:13:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"EnterpriseAM\",\"Orascom Construction\",\"US\"],\"articleSection\":[\"Construction\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\",\"name\":\"Orascom Construction nets USD 920 mn in awards in 4Q2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-02-02T04:13:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orascom Construction nets USD 920 mn in awards in 4Q2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Orascom Construction nets USD 920 mn in awards in 4Q2020 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","og_locale":"en_US","og_type":"article","og_title":"Orascom Construction nets USD 920 mn in awards in 4Q2020","og_description":"Orascom Construction (OC) secured almost USD 920 mn in new awards in 4Q2020, bringing the total value of projects added to its backlog in 2020 to USD 2.9 bn, the company said in a press release (pdf) yesterday. Some 62% of awards during the quarter were for projects in Egypt, while the remainder came from [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-02T04:13:24+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Orascom Construction nets USD 920 mn in awards in 4Q2020","datePublished":"2021-02-02T04:13:24+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/"},"wordCount":80,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["construction","EnterpriseAM","Orascom Construction","US"],"articleSection":["Construction"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","name":"Orascom Construction nets USD 920 mn in awards in 4Q2020 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-02-02T04:13:24+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Orascom Construction nets USD 920 mn in awards in 4Q2020"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":565205,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/earnings-watch-oc\/","url_meta":{"origin":559731,"position":0},"title":"Earnings Watch: OC","author":"enterpriseam admin","date":"25 March 2021","format":false,"excerpt":"The EGX30 rose 1.6% at today\u2019s close on turnover of EGP 819 mn (44.6% below the 90-day average). Foreign investors were net buyers. The index is up 0.2% YTD.In the green: Eastern Co. (+7.7%), Fawry (+2.9%) and Heliopolis Housing (+2.6%).In the red: AMOC (-2.6%), Sidi Kerir (-2.2%) and Export Development\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567202,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/15\/orascom-construction-adds-usd-770-mn-in-new-awards-to-4q-2019-backlog\/","url_meta":{"origin":559731,"position":1},"title":"Orascom Construction adds USD 770 mn in new awards to 4Q 2019 backlog","author":"enterpriseam admin","date":"15 January 2020","format":false,"excerpt":"Orascom Construction added USD 770 mn to its backlog in 4Q2019, growing the value of current projects under construction to USD 5.2 bn, up from USD 4.3 bn at the same time last year, according to a company statement. Projects in Egypt account for the lion\u2019s share of the backlog:\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542813,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/18\/orascom-construction-adds-usd-785-mn-to-its-backlog-in-4q2021\/","url_meta":{"origin":559731,"position":2},"title":"Orascom Construction adds USD 785 mn to its backlog in 4Q2021","author":"enterpriseam admin","date":"18 January 2022","format":false,"excerpt":"Our friends at Orascom Construction saw total new awards rise 22% y-o-y in 2021 to hit USD 3.5 bn, the company said in a statement (pdf). The firm added new awards worth USD 785 mn to its backlog in 4Q2021, the statement added. Projects in the MENA region \u2014 including\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593706,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/orascom-construction-adds-usd-1-3-bn-in-new-awards-to-backlog-in-3q-2019\/","url_meta":{"origin":559731,"position":3},"title":"Orascom Construction adds USD 1.3 bn in new awards to backlog in 3Q 2019","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Orascom Construction has added USD 1.3 bn to its backlog in 3Q2019, up 30% compared to a year earlier, the company said in a statement (pdf). The new projects bring the company\u2019s outstanding consolidated backlog to USD 5.1 bn as of 30 September 2019, compared to USD 4.2 bn last\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587916,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/orascom-construction-revenues-slip-in-1q-2023\/","url_meta":{"origin":559731,"position":4},"title":"Orascom Construction revenues slip in 1Q 2023","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"Backlog dips to USD 5.5 bn","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/67.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544849,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/orascom-construction-net-income-up-29-in-2021\/","url_meta":{"origin":559731,"position":5},"title":"Orascom Construction net income up 29% in 2021","author":"enterpriseam admin","date":"23 March 2022","format":false,"excerpt":"Orascom Construction (OC) reported USD 113.4 mn in net income attributable to shareholders in 2021, up 29% y-o-y, according to its financials (pdf). Revenues rose 5% from 2020 to USD 3.5 bn. In 4Q, the company reported a 43% increase in net income attributable to shareholders to USD 37.1 mn,\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=559731"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559731\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559716"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559731"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559731"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}