{"id":600197,"date":"2019-01-22T04:13:24","date_gmt":"2019-01-22T04:13:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/orascom-construction-adds-usd-825-mn-to-its-backlog-in-4q2018\/"},"modified":"2019-01-22T04:13:24","modified_gmt":"2019-01-22T04:13:24","slug":"orascom-construction-adds-usd-825-mn-to-its-backlog-in-4q2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/orascom-construction-adds-usd-825-mn-to-its-backlog-in-4q2018\/","title":{"rendered":"Orascom Construction adds USD 825 mn to its backlog in 4Q2018"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Orascom Construction adds USD 825 mn to its backlog in 4Q2018:<\/b> Our friends at Orascom Construction added USD 825 mn to their backlog in 4Q2018 through new awards, <a href=\"http:\/\/www.orascom.com\/investor-relations\/press-releases\/2019\/01\/21\/OC-adds-backlog_Q4_2018\/\">the company said in a statement<\/a>. 60% of the new awards were in Egypt and Africa, while the rest were in the US. This addition brings the total of value of new awards in 2018 up significantly to USD 2.3 bn. The value of the company\u2019s total backlog at the end of 2018 now stands at an estimated USD 4.2 bn, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom Construction adds USD 825 mn to its backlog in 4Q2018: Our friends at Orascom Construction added USD 825 mn to their backlog in 4Q2018 through new awards, the company said in a statement. 60% of the new awards were in Egypt and Africa, while the rest were in the US. This addition brings the [&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":[8572],"tags":[130,72,363,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600197","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-construction","tag-enterpriseam","tag-orascom-construction","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"548a95dc-fb1c-4d19-9060-38dec84c4de6","is_powered_by":true,"section_story_id":"bc9979fd-e0a7-464a-b882-af3347802b55","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600188],"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 adds USD 825 mn to its backlog in 4Q2018 - 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\/2019\/01\/22\/orascom-construction-adds-usd-825-mn-to-its-backlog-in-4q2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction adds USD 825 mn to its backlog in 4Q2018\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction adds USD 825 mn to its backlog in 4Q2018: Our friends at Orascom Construction added USD 825 mn to their backlog in 4Q2018 through new awards, the company said in a statement. 60% of the new awards were in Egypt and Africa, while the rest were in the US. 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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":600197,"position":1},"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":602477,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/earnings-watch-orascom-construction-reports-2018-results\/","url_meta":{"origin":600197,"position":2},"title":"Earnings watch: Orascom Construction reports 2018 results","author":"enterpriseam admin","date":"28 March 2019","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction (OC) reported net income attributable to shareholders in 4Q2018 of USD 33.1 mn, up 635.6% y-o-y from USD 4.4 mn in the comparable period last year. Full-year net income came in at USD 144.7 mn in 2018, up 84.3% y-o-y from USD 78.5 mn in 2017.\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":597720,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/orascom-construction-adds-usd-475-mn-to-backlog-in-1q2019\/","url_meta":{"origin":600197,"position":3},"title":"Orascom Construction adds USD 475 mn to backlog in 1Q2019","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"Orascom, Arab Contractors sign USD 739 water treatment contract: A joint venture of Orascom Construction and Arab Contractors signed yesterday a USD 739 mn agreement with the Armed Forces Engineering Authority to set up a water treatment plant in Sharqia\u2019s Bahr El Baqar, OC said in a statement (pdf). The\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":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":600197,"position":4},"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":559731,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","url_meta":{"origin":600197,"position":5},"title":"Orascom Construction nets USD 920 mn in awards in 4Q2020","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"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. 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