Orascom Construction Reconciles With Egypt’s Tax, To Pay EGP 7.1 Bln
OCI N.V.’s subsidiary, Orascom Construction Industries (OCIC.CA), announced on Tuesday that it will pay the…
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Egyptian Tax Authority
EGX 30 Ends Below 5200 Pts On Pending OCI, Hermes & IMF Deals
The foreign selling pressures have driven the Egyptian Exchange (EGX) to incur losses for the second day in a raw.…
EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains…
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
Orascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax…
EGX 30 Crosses 5300 Level Amid OCI Tax Settlement Optimisms; Closing
The Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 3 billion powered by investors’…
Orascom Construction Sees Tax Settlement Agreement This Week
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries – announced that the ongoing…
Orascom Construction Offers US$350 Mln First Installment For Egypt Tax
Orascom Construction Industries (OCIC.CA) is offering to pay US$ 350 million as a first installment seeking to…
Sarie Eldin: No Updates On OCI’s Tax File, DAMAC Awaits Final Agreement
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), has asserted…
EGX 30 Falls 0.78% In Week Driven By NSGB Takeover Deal Taxes
In a week which witnessed the announcement of imposing tax gains on the acquisition deal of National Société…
Tax Gains On NSGB Takeover Deal Drags EGX 30 Below 5130 Pts
During Tuesday’s closing, the Egyptian Exchange (EGX) has extended its midday losses to eventually reach EGP 5.45…
