Featured Egypt’s Sovereign Fund partners with Scatec, Fertiglobe to develop green hydrogen facility Amwal Al Ghad English Oct 14, 2021 0 Norwegian renewable energy producer Scatec signed an agreement on Thursday with Fertiglobe and the Sovereign Fund…
Real Estate CF Industries Confirms Merger Talks With OCI N.V. Amwal Al Ghad English Jul 21, 2015 0 U.S. fertilizer group CF Industries Holdings Inc. (CF) confirmed Monday that it is in preliminary discussions with…
Industry & Trade OCI-IPIC Alliance inks MoU with Egypt for Coal-fired Power Plant Salma Ayman Nov 13, 2014 0 Orascom Construction, the Engineering & Construction Group wholly owned by OCI N.V., and the UAE’s…
Industry & Trade OCI N.V. Announces Sorfert Inauguration in Algeria Yomna Yasser Nov 12, 2014 0 OCI N.V. announced today that Sorfert, its joint venture with the Algerian oil and gas conglomerate Sonatrach was…
EGX Egypt Stocks Gain EGP15.3bn in Week, EGX30 Surges 3.4% Yomna Yasser Nov 8, 2014 0 In a week, Egypt’s stock Exchange (EGX) gained 15.3 billion Egyptian pounds. In addition, the country’s main stock…
EGX OCI N.V. Plans Dual Listing in Egypt, UAE for Construction Business Yomna Yasser Nov 6, 2014 0 Orascom Construction Industries’ parent company OCI N.V. reveals today its plans for a dual listing of its shares…
Industry & Trade Orascom Construction Industries, UAE’s IPIC to Develop Power Plant in Egypt Yomna Yasser Nov 5, 2014 0 Orascom Construction Industries (OCI) is planning to jointly built a coal-fired power plant in Egypt in partnership…
Industry & Trade UPDATE: Nassef Sawiris Plans ‘Huge’ Investments in Egypt after Tax Victory Yomna Yasser Nov 4, 2014 0 Following the resolution of a tax dispute with Egypt’s tax authority, Egyptian billionaire Nassef Sawiris said on…
Industry & Trade BREAKING: Orascom Construction Industries Wins Tax Battle with Egypt Authorities Yomna Yasser Nov 4, 2014 0 The ongoing tax dispute between Orascom Construction Industries (OCI S.A.E.) ends in favour of OCI Company, parent…
Industry & Trade Orascom Construction Industries Terminates ADRs and GDRs Programs Yomna Yasser Nov 3, 2014 0 OCI N.V.’s Egyptian subsidiary, Orascom Construction Industries S.A.E. (OCI S.A.E.), announced Monday that it will…
Industry & Trade OCI Final Tax Dispute Ruling Delayed to November 4 Yomna Yasser Oct 28, 2014 0 The final ruling related to Orascom Construction Industries (OCI)’s ongoing tax dispute with Egypt’s Tax Authority…
World OCI N.V. Begins Trading on AEX Index Yomna Yasser Mar 24, 2014 0 OCI N.V. announced today that that it will begin trading today as part of the AEX Index, the flagship index for…
Industry & Trade Egypt’s Public Prosecutor Fully Exonerates Sawiris’ OCI of Tax Evasion Claims Yomna Yasser Mar 4, 2014 0 OCI N.V. (Euronext: OCI) announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s…
EGX EGX: OCI N.V. Extends Second Period for OCI Bid until March 13 Yomna Yasser Mar 2, 2014 0 The Egyptian Exchange’s management announced on Sunday that OCI N.V. will continue the extension of the second…
EGX Egypt Bourse in Talks with Nassef Sawiris on Listing Two Firms Yomna Yasser Feb 5, 2014 0 The Egyptian Exchange (EGX) has started talks with business tycoon Nassef Sawiris over listing two companies owned…
Indices news OCI N.V. Launches Second Tender Offer Extension for Local Shares in OCI S.A.E Yomna Yasser Jan 15, 2014 0 OCI N.V. announced today the launch of the second period during which all eligible shareholders of Orascom…
Industry & Trade OCI Names Osama Beshay Chairman, Endorses Investment Structuring Yomna Yasser Dec 29, 2013 0 The ordinary general meeting of Orascom Construction Industries (OCI) has ratified on Sunday a study conducted by…
Industry & Trade OCI Shareholders Due to Review FV Study for Subsidiaries Today Yomna Yasser Dec 29, 2013 0 Orascom Construction Industries (OCI) will be holding today an ordinary general meeting to look into endorsing a…
World OCI N.V. Begins Trading on STOXX Europe 600 Yomna Yasser Dec 23, 2013 0 OCI N.V. (Euronext: OCI) announced today that that it will begin trading today as part of the STOXX Europe 600…
World Euronext Introduces Equity Options on OCI N.V. Yomna Yasser Dec 15, 2013 0 OCI N.V. (NYSE Euronext: OCI) announced on Friday that Euronext N.V., a wholly owned subsidiary of…
Industry & Trade OCI N.V. Non-Executive BOD to nominate Robert Jan van de Kraats Board Member Yomna Yasser Dec 8, 2013 0 OCI N.V. announced on Thursday that its Non-Executive Board of Directors will propose the appointment of Mr. Robert…
EGX OCI N.V. Announces Closing of Re-opened Exchange Offer for Remaining OCI GDRs Yomna Yasser Dec 4, 2013 0 OCI N.V. announced on Wednesday the closing of the re-opening of an exchange offer to acquire all of the…
Industry & Trade OCI to Build a New Greenfield World Scale Methanol Plant in Texas Yomna Yasser Nov 24, 2013 0 OCI N.V. announced on Thursday that Natgasoline LLC, a wholly owned subsidiary, plans to build a new greenfield…
EGX OCI N.V. Extends Exchange Offer for Remaining OCI GDRs Till December 3 Yomna Yasser Nov 20, 2013 0 Dutch OCI N.V. has extended on Wednesday its re-opened exchange offer to acquire all of the outstanding global…
EGX OCI N.V. Extends Re-Opened Exchange Offer for Remaining OCI GDRs Till 19 Nov. Yomna Yasser Nov 13, 2013 0 On 30 September 2013, OCI N.V. announced the re-opening of an exchange offer to acquire all of the outstanding…
Industry & Trade OCI N.V. Says Q3 Consolidated Revenues Slightly Lower Compared to Q2 Yomna Yasser Nov 11, 2013 0 OCI N.V. announced, in its third quarter 2013 trading update that, Q3 2013 consolidated revenues were slightly…
Industry & Trade OCI’s Gavilon Sells Energy Business to NGL Energy Partners at $890 mln Amwal Al Ghad English Nov 9, 2013 0 OCI N.V. announced on Thursday that The Gavilon Group, a commodity management firm owned by Ospraie Management,…
EGX OCI N.V. Extends Re-Opened Exchange Offer for Remaining OCI GDRs Till 12 Nov. Yomna Yasser Nov 6, 2013 0 On 30 September 2013, OCI N.V. announced the re-opening of an exchange offer to acquire all of the outstanding…
World OCI N.V. Begins Trading on Euronext 100 Yomna Yasser Nov 3, 2013 0 OCI N.V. announced that it began trading on Friday as part of the Euronext 100 Index. The Euronext 100 Index is the…
Indices news OCI N.V. Holds Extraordinary General Meeting with Shareholders on 9 Dec. Yomna Yasser Oct 29, 2013 0 OCI N.V. has invited the shareholders to the Extraordinary General Meeting of Shareholders to be held on 9…
EGX Egyptian Financial Regulator Plans Rules Revamp to Spur Trade Yomna Yasser Oct 29, 2013 0 Egypt's financial regulator plans measures by early next year that would allow the launch of exchange-traded funds,…
EGX OCI N.V. Extends Re-Opened Exchange Offer for Remaining OCI GDRs Till 25 Oct. Yomna Yasser Oct 20, 2013 0 On 30 September 2013, OCI N.V. announced the re-opening of an exchange offer to acquire all of the outstanding…
EGX Egypt: Shares Open New Week Higher, Gain EGP1.4 bln Yomna Yasser Oct 13, 2013 0 Egypt's shares opened higher this week posting gains of EGP 1.46 billion backed by the non-Arab foreign net…
EGX EGX 30 Ends This Week 2.2% Up, Nears 6000 pts Yomna Yasser Oct 10, 2013 0 Egypt Shares ended this week attaining remarkable gains totaled EGP 5.7 billion bolstered by the non-Arab foreign…
Industry & Trade Egypt Billionaire Nassef Sawiris Ranked 7th Richest in Africa Yomna Yasser Oct 8, 2013 0 Egyptian billionaire Nassef Sawiris took seventh place in a list of Africa's richest people in 2013, Ventures…
EGX OCI Shareholders Offer 3 mln Shares for OCI N.V. Yomna Yasser Oct 3, 2013 0 Orascom Construction Industries (OCI S.A.E) announced on Thursday that, with regard to OCI N.V. mandatory tender…
EGX OCI N.V. Launches Extension of Its GDR Offer for OCI S.A.E. Yomna Yasser Sep 30, 2013 0 OCI N.V. announced today the re-opening of its exchange offer enabling eligible holders of all remaining Regulation…
EGX Egypt Bourse Index Falls below 5670 at Close Yomna Yasser Sep 25, 2013 0 Egypt's bourse ended lower on Wednesday incurring losses totaled EGP 82 million. The benchmark index fell below…
EGX OCI N.V. Launches Tender Offer for OCI Local Shares, GDR Offer Soon Yomna Yasser Sep 25, 2013 0 OCI N.V. announced today the launch of the first period during which all eligible shareholders of Orascom…
EGX OCI Partners LP Launches Initial Public Offering Yomna Yasser Sep 25, 2013 0 OCI N.V. announced on Tuesday that its subsidiary, OCI Partners LP (the “Partnership”), has commenced an initial…