OCI Reportedly Defaults in Paying EGP900mn Tax Arrears
Orascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in…
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Egyptian Tax Authority
IMF in Egypt for First Time Since 30 June
In its first visit to Egypt since 30 June uprising, an International Monetary Fund (IMF) delegation met with…
Hermes Starts OCV N.V. Fair Value with $ 38/Share, Maintains Neutral
EFG-Hermes stated, in a recent study, that it dropped coverage on Orascom Construciton Indusries (OCI S.A.E.)…
Orascom Construction To Convene Ordinary, Extraordinary General Meetings By June 19
OCI N.V.’s subsidiary, Orascom Construction Industries (OCI S.A.E) (OCIC.CA), announced on Monday it is convening…
OCI Chief Requests Meeting With Egypt Investment Minister To Boost Businesses
Egypt’s investment ministry announced that the long-standing dispute between Orascom Construction Industries S.A.E.…
EGX 30 Climbs 2.4% In Week Powered By Govt’s Reconciling Steps
In a week, the Egyptian Exchange has managed to post remarkable gains of EGP 5.6 billion as the capital…
OCI Says To Pay Egypt’s Tax Initial Payment Of EGP2.5 Bln In Days
Orascom Construction Industries S.A.E. (OCIC.CA), announced on Tuesday that it will start to pay the Egyptian Tax…
Egypt Bourse Benchmark Rises 0.97% In Week Powered By OCI-Tax Deal
In a week, the Egyptian Exchange has managed to post gains of EGP 1.4 billion backed by the final settlement…
Sawiris Family Finally Back Home As Tax Disputes Settled
Members of Sawiris family have arrived at Cairo International Airport on Friday coming from France, after a travel…
Egypt Lifts Travel Ban On Onsi, Nassef Sawiris Amid Tax Accord
The travel ban on Egyptian business tycoons Onsi Sawiris and his son Nassef – Chief Executives of Orascom…