EGX Suspends Trading On OCI, Awaits Tax Negotiations Updates
The Egyptian Exchange’s management has decided to suspend the trading on the stocks of Orascom Construction…
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Nassif Sawiris
Egyptian Govt Seeks To Persuade OCI Not To Exit Market
Egypt’s Investment Minister Osama Saleh said Orascom Construction Industries (OCIC.CA), owned by the Egyptian…
ONTV Channel Sale; Another Safe-Exit Saga About Sawiris’ Family
The ‘Safe Exit’ is one of the major terms that can precisely describe the plans drawn up by Sawiris’ family for the…
OCI In Talks To Pay EGP 1.2 Bln Tax Dues: Sources
Sources near from Orascom Construction Industries – OCI (OCIC.CA) said the firm is planning not to pay the Tax…
OCI Says Still Seeking Agreement With Tax Authority
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries - said OCI is still in holds…
EGX 30 Dives 2.24%, Ends At 5449 Pts
During Sunday closing session, the Egyptian Exchange (EGX) posted losses of EGP 7.8 billion as the capital market…
Tax Authority Starts OCI’s EGP 14 Bln Tax Fraud Investigations
Senior sources from Egypt’s Finance Ministry told Amwal Al Ghad that the Head of Tax Authority has met on Sunday…
World’s 200 Richest People, Nassif Sawiris 141st
They make flip-flops and pet food. They sell miniskirts and motorcars. They mine iron ore and distribute soda.…
EGX 30 Surges 0.22% Amid Euromoney Conference Week
Egyptian Exchange’s benchmark EGX 30 index edged higher by 0.22 % this week, representing an increase of 12.9…
EGX 30 Opens 0.51% Down On Local Selling Pressures
During Thursday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 1.67 billion as the…