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OCI Workers Stage Sit-In Against Arbitrary Actions Towards The Sawiris
Workers at Orascom Construction Industries (OCI.CA) have staged a sit-in on Wednesday morning outside the company’s…
Orascom Telecom Q4/12 Net Loss Hits US$474 Mln
Orascom Telecom Holding S.A.E. (‘OTH’, or ‘the Group’) (ORTE.CA), a leading provider of mobile telecommunications…
Egypt’s Tax Chief Says There Are Still Chance To Reopen Talks With OCI
The Egyptian Tax Authority Chief Mamdouh Omar asserted on Tuesday that there is still a strong possibility of…
The Sawiris Travel Ban; Latest Blow To Business Confidence in Egypt
Egypt's bourse suffered its biggest one-day loss in three months on Monday after the chief executive of its largest…
U.S. Dollar Slips As Aussie Climbs On RBA’s Pause
The U.S. dollar fell against the euro Tuesday as investor appetite for risky assets improved, with the Australian…
Egypt Tax Authority Chief Says OCI Negotiations Reached Deadlock
The negotiations between the Egyptian Tax Authority and Orascom Construction Industries (OCIC.CA) over the EGP 4.7…
EFG Hermes Foundation Partners With MSD To Control Hepatitis C In Egypt
The EFG-Hermes Foundation is proud to announce a new initiative to control Hepatitis C in Egypt. Launched in…
Sarie Eldin Says ‘Surprised’ By OCI Officials’ Travel Ban As Talks Still Ongoing
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), said he was “surprised” by…
Egypt’s Prosecutor-General Issues Travel Ban For The Sawiris
The measure against the two business tycoons, Onsi and Nassef Sawiris, is part of the prosecution's investigation…
Orascom Construction Says Didn’t Get New Tax Claim Amid CEO Ban
Orascom Construction Industries, (OCIC) the company transferring its stock listing to Amsterdam from Cairo, said it…