Egyptian Court Ratifies Tycoon Nassef Sawiris’ 3-Year Jail Sentence
An Egyptian misdemeanour court ratified Sunday a court order sentencing billionaire construction tycoon Nassef…
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Egypt’s Tax Authority
OCI’s Egypt Unit appeals Tax Rulling, Sawiris says
Egypt's Orascom Construction Industries S.A.E. (OCI) (OCIC) has appealed a preliminary court ruling in a case filed…
Egyptian Tax Dispute with Orascom Remains Ongoing
Egypt’s Tax Authority (ETA) has not dropped its case against Orascom Construction Industries regarding the latter's…
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…
Sawiris Travel Ban Further Drags EGX 30 Down Below 5245Pts; Closing
The Egyptian Exchange (EGX) has ended Tuesday’s session incurring substantial losses of EGP 5.2 billion driven by…
Sarie Eldin: OCI Talks Over Tax Dues Still At Square One
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries, asserted that the…
Egypt’s Tax Authority: Either OCI Pays Tax Dues Or Considered Evasive
Egypt’s Tax Authority will be holding a meeting Sunday with Orascom Construction Industries – OCI (OCIC.CA) so as…
OCI Says Still Seeking Agreement With Tax Authority
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries - said OCI is still in holds…