{"id":632259,"date":"2018-02-06T04:13:37","date_gmt":"2018-02-06T04:13:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/"},"modified":"2018-02-06T04:13:37","modified_gmt":"2018-02-06T04:13:37","slug":"oc-adds-usd-650-mn-in-project-backlog-in-4q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/","title":{"rendered":"OC adds USD 650 mn in project backlog in 4Q2017"},"content":{"rendered":"

Orascom Construction (OC) announced adding<\/a> USD 650 mn in new contracts to its backlog in 4Q2017. \u201cNew projects in Egypt accounted for the largest share, comprising approximately USD 580 mn across a wide range of sectors including renewable energy, marine and commercial buildings. In addition, the Group\u2019s subsidiaries in the US added new projects amounting to approximately USD 70 mn mainly in the private sector,\u201d OC says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction (OC) announced adding USD 650 mn in new contracts to its backlog in 4Q2017. \u201cNew projects in Egypt accounted for the largest share, comprising approximately USD 580 mn across a wide range of sectors including renewable energy, marine and commercial buildings. In addition, the Group\u2019s subsidiaries in the US added new projects amounting […]<\/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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632259","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"624b5823-e1de-467b-bf24-fb333b2d4fdf","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"OC adds USD 650 mn in project backlog in 4Q2017","related_issue":[632222],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.9e753c09-c0f9-4780-b99a-39980dc0175d.mp3"},"yoast_head":"\nOC adds USD 650 mn in project backlog in 4Q2017 - 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\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OC adds USD 650 mn in project backlog in 4Q2017\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction (OC) announced adding USD 650 mn in new contracts to its backlog in 4Q2017. \u201cNew projects in Egypt accounted for the largest share, comprising approximately USD 580 mn across a wide range of sectors including renewable energy, marine and commercial buildings. In addition, the Group\u2019s subsidiaries in the US added new projects amounting […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-06T04:13:37+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\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"OC adds USD 650 mn in project backlog in 4Q2017\",\"datePublished\":\"2018-02-06T04:13:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\",\"name\":\"OC adds USD 650 mn in project backlog in 4Q2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-02-06T04:13:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"OC adds USD 650 mn in project backlog in 4Q2017\"}]},{\"@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":"OC adds USD 650 mn in project backlog in 4Q2017 - 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\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/","og_locale":"en_US","og_type":"article","og_title":"OC adds USD 650 mn in project backlog in 4Q2017","og_description":"Orascom Construction (OC) announced adding USD 650 mn in new contracts to its backlog in 4Q2017. \u201cNew projects in Egypt accounted for the largest share, comprising approximately USD 580 mn across a wide range of sectors including renewable energy, marine and commercial buildings. In addition, the Group\u2019s subsidiaries in the US added new projects amounting […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-02-06T04:13:37+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\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"OC adds USD 650 mn in project backlog in 4Q2017","datePublished":"2018-02-06T04:13:37+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/"},"wordCount":74,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Real Estate + Housing"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/","name":"OC adds USD 650 mn in project backlog in 4Q2017 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-02-06T04:13:37+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/oc-adds-usd-650-mn-in-project-backlog-in-4q2017\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"OC adds USD 650 mn in project backlog in 4Q2017"}]},{"@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":565716,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/oc-is-having-a-good-quarter\/","url_meta":{"origin":632259,"position":0},"title":"OC is having a good quarter","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"The EGX30 fell 0.7% at today\u2019s close on turnover of EGP 985 mn (23.5% below the 90-day average). Regional investors were net sellers. The index is down 3.0% YTD.In the green: Qalaa Holdings (+2.0%), Eastern Co. (+1.6%) and ElSewedy Electric (+1.1%).In the red: Oriental Weavers (-16.2%), Telecom Egypt (-6.1%) and\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":565205,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/earnings-watch-oc\/","url_meta":{"origin":632259,"position":1},"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 "GO WITH THE FLOW"","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":576370,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/earnings-orascom-construction-profits-down-6-in-3q2020\/","url_meta":{"origin":632259,"position":2},"title":"Earnings: Orascom Construction profits down 6% in 3Q2020","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction (OC) profits fell 6.2% y-o-y to USD 30.2 mn in 3Q2020 from USD 32.2 mn last year, the company said in its earnings release (pdf). Revenues for the quarter were up 4.4% y-o-y to USD 824.5 mn. CEO Osama Bishai said the results indicate \u201csteady performance\u201d\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":546579,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/earnings-watch-orascom-construction-mnhd-gb-auto\/","url_meta":{"origin":632259,"position":3},"title":"Earnings watch: Orascom Construction, MNHD, GB Auto","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"Orascom Construction\u2019s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings release (pdf). The construction giant reported a USD 13.1 mn profit in the January-March quarter, down from USD 23.9 mn last year, as Belgium-based construction group\u2019s losses widened to USD\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/281.jpg?fit=%2C&ssl=1&resize=350%2C200","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":632259,"position":4},"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 "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":559731,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","url_meta":{"origin":632259,"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. Some 62% of awards during the quarter were for projects in Egypt,\u2026","rel":"","context":"In "Construction"","block_context":{"text":"Construction","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/construction\/"},"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\/632259","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=632259"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632259\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632222"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632259"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632259"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}