{"id":576460,"date":"2020-11-24T03:54:39","date_gmt":"2020-11-24T03:54:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/orascom-construction-will-take-a-15-take-in-a-new-national-railway-company\/"},"modified":"2020-11-24T03:54:39","modified_gmt":"2020-11-24T03:54:39","slug":"orascom-construction-will-take-a-15-take-in-a-new-national-railway-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/orascom-construction-will-take-a-15-take-in-a-new-national-railway-company\/","title":{"rendered":"Orascom Construction will take a 15% take in a new national railway company"},"content":{"rendered":"

Orascom Construction will take a 15% stake in the newly founded National Company for Railways Industries, CEO Osama Bishai told Al Mal<\/a>. Samcrete and Hassan Allam will also hold stakes<\/a> in the new company, along with the Sovereign Fund of Egypt and the SCZone.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction will take a 15% stake in the newly founded National Company for Railways Industries, CEO Osama Bishai told Al Mal. Samcrete and Hassan Allam will also hold stakes in the new company, along with the Sovereign Fund of Egypt and the SCZone.<\/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":[9315],"tags":[72,363,3246,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576460","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-orascom-construction","tag-osama-bishai","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"e629e96e-9aaf-4370-a536-1f6eec92aa6e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576429],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Construction will take a 15% take in a new national railway company - 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\/2020\/11\/24\/orascom-construction-will-take-a-15-take-in-a-new-national-railway-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction will take a 15% take in a new national railway company\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction will take a 15% stake in the newly founded National Company for Railways Industries, CEO Osama Bishai told Al Mal. 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Once complete, the power stations will be the largest gas-fired combined cycle power plants in the world, Orascom Construction says. \u201cOrascom and\u2026","rel":"","context":"In "Speed Round"","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":593289,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/earnings-watch-orascom-construction-profits-rise-10-7-y-o-y-in-3q2019\/","url_meta":{"origin":576460,"position":3},"title":"Earnings watch: Orascom Construction profits rise 10.7% y-o-y in 3Q2019","author":"enterpriseam admin","date":"24 November 2019","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction profits rose 10.7% y-o-y in 3Q2019 to USD 32.2 mn, compared to USD 29.1 mn a year earlier, the company said in its earnings release (pdf). 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