EGX Egypt Finalizes Periodic Review of Indices, OCI Removed From Benchmark Yomna Yasser Jul 29, 2013 0 The Egyptian Exchange (EGX)’s management has ratified the amendments that were endorsed by the Indices Committee…
Indices news Orascom Construction Credit Boost Criticized Yomna Yasser Jul 22, 2013 0 Two Iowa senators questioned whether a “comfort letter” Gov. Terry Branstad sent to Orascom Construction Industries…
Indices news Orascom Snags $25 mln More in Tax Credits for Fertilizer Plant Yomna Yasser Jul 22, 2013 0 Orascom Construction Industries (OCIC.CA) received on Friday $25 million more in tax credits for its $1.8 billion…
Indices news Orascom Construction Seeks $25 mln More Tax Credits for Iowa Fertilizer Project Yomna Yasser Jul 22, 2013 0 Orascom Construction Industries (OCIC.CA) said on Thursday it seeks $25 million more in tax credits for its $1.8…
EGX Benchmark Surges 1.3% in Week, As Egypt Forms Its Cabinet Yomna Yasser Jul 20, 2013 0 As Egypt was in the process of forming its military-backed interim government, the country’s stock market has…
Industry & Trade Egypt Billionaire Sawiris Family to Invest “Like Never Before” Yomna Yasser Jul 15, 2013 0 Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his…
Indices news Alexander Teamah Named Orascom Development Acting CFO Yomna Yasser Jul 15, 2013 0 Orascom Development Holding - ODH (ODHN.CA) announced that Dr. Alexander Teamah has been appointed as an Acting…
Egypt News Egyptian Billionaire Sawiris Says Morsi Ouster Good For Business Administrator Jul 7, 2013 0 While the instability since then has done little to reassure international investors and lenders, the business…
Tech news Lebanon’s Telecom Ministry Extends Contract with Egyptian OTMT for 3 Months Yomna Yasser Jul 2, 2013 0 Orascom Telecom Media and Technology Holding (“OTMT”) (OTMT.CA) announces that it received on Monday 1st of July…
Industry & Trade Orascom Development to Sell its Stake in Medinet Nasr Housing Yomna Yasser Jun 30, 2013 0 Orascom Development Holding - ODH (ODHN.CA) announced that BOD approved to sell its indirect investments in Medinet…