{"id":650747,"date":"2017-03-30T03:55:15","date_gmt":"2017-03-30T03:55:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/"},"modified":"2017-03-30T03:55:15","modified_gmt":"2017-03-30T03:55:15","slug":"orascom-development-holding-issues-3-5-mn-edrs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/","title":{"rendered":"Orascom Development Holding issues 3.5 mn EDRs"},"content":{"rendered":"

Orascom Development Holding AG has issued 3.5 mn Egyptian Depositary Receipts (EDRs), bringing the total number of company EDRs being traded to 186.3 mn, according to an official bourse announcement picked up by Youm7<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Development Holding AG has issued 3.5 mn Egyptian Depositary Receipts (EDRs), bringing the total number of company EDRs being traded to 186.3 mn, according to an official bourse announcement picked up by Youm7.<\/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":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650747","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"8123a0ef-2d3a-4227-902e-52cc0e908a68","order":"0","is_powered_by":true,"section_story_id":"9a8b74fa-22b3-4da3-a525-ae5e83a68443","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650703],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Development Holding issues 3.5 mn EDRs - 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\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Development Holding issues 3.5 mn EDRs\" \/>\n<meta property=\"og:description\" content=\"Orascom Development Holding AG has issued 3.5 mn Egyptian Depositary Receipts (EDRs), bringing the total number of company EDRs being traded to 186.3 mn, according to an official bourse announcement picked up by Youm7.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-30T03:55:15+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\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Development Holding issues 3.5 mn EDRs\",\"datePublished\":\"2017-03-30T03:55:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\"},\"wordCount\":38,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/orascom-development-holding-issues-3-5-mn-edrs\/\",\"name\":\"Orascom Development Holding issues 3.5 mn EDRs - 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The Orascom Investment Holding spinoff reported EGP 107.6 mn in operating revenues for the quarter,\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":551449,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/19\/earnings-watch-oih\/","url_meta":{"origin":650747,"position":1},"title":"Earnings watch: OIH","author":"enterpriseam admin","date":"19 June 2022","format":false,"excerpt":"EARNINGS WATCH-Orascom Investment Holding turned to the black in 1Q2022 to report EGP 86.5 mn after reporting a loss of EGP 31 mn in the same quarter last year, the company\u2019s financials (pdf)for the quarter showed. Operating revenues rose 51% to EGP 8 mn in the first quarter, compared to\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":599808,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/odh-enters-agreement-with-chairman-samih-sawiris-for-stake-purchase-in-asa\/","url_meta":{"origin":650747,"position":2},"title":"ODH enters agreement with Chairman Samih Sawiris for stake purchase in ASA","author":"enterpriseam admin","date":"10 January 2019","format":false,"excerpt":"Orascom Development Holding (ODH) has entered an agreement to purchase an additional 1% and one share of Andermatt Swiss Alps (ASA) from ODH Chairman Samih Sawiris at a total price of CHF 3.2 mn, according to a company press release. The transaction, which is conditional on Sawiris forgiving CHF 150\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570387,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/30\/egx-slips-back-into-the-red-closing-down-1-5\/","url_meta":{"origin":650747,"position":3},"title":"EGX slips back into the red, closing down 1.5%","author":"enterpriseam admin","date":"30 March 2020","format":false,"excerpt":"The EGX30 slipped back into the red yesterday, closing down 1.5% to resume a spell of volatility that has gripped the market over the past few weeks. The benchmark index had inched up 0.5% by the closing bell last Thursday and 1.0% on Wednesday. Index heavyweight CIB drove yesterday\u2019s dip,\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\/2020\/3\/341.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598918,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/earnings-watch-palm-hills-orascom-investment-holding\/","url_meta":{"origin":650747,"position":4},"title":"Earnings watch: Palm Hills, Orascom Investment Holding","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"EARNINGS WATCH- Palm Hills Development (PHD) reported a 37% y-o-y drop in 1Q2019 net profit to EGP 141.2 mn, down from EGP 224.2 mn a year earlier, according to the company\u2019s earnings release (pdf). Revenues for the quarter fell 35% y-o-y to EGP 958.1 mn. 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