Orascom Construction Seeks $25 mln More Tax Credits for Iowa Fertilizer Project
Orascom Construction Industries (OCIC.CA) said on Thursday it seeks $25 million more in tax credits for its $1.8…
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OCI NV
OCI Parent Increases Ownership in Egypt’s Orascom Construction
The Dutch-listed parent company of Egypt's Orascom Construction Industries (OCI) (OCIC) said on Tuesday a quarter…
Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
Orascom Buyout Battle Scars Egypt Stock Mkt
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict…
EGX Surges 1.11%, Opens Above 5320Pts Backed By OCI Upcoming Meeting
The Egyptian Exchange has opened Thursday posting significant gains of EGP 2.46 billion backed by foreign buyers…
EGX 30 Ends Above 5260 Pts, EFG-Hermes Climbs 0.97% Amid CEO’s Remarks
The Egyptian Exchange (EGX) has pared its midday gains to eventually reach EGP 993 million during Wednesday’s…
Egypt Sets Limits On Share Transfers Of Local Stocks
Egypt has set limits on the amount of shares local companies can transfer into internationally-traded global…
The Sawiris Travel Ban; Latest Blow To Business Confidence in Egypt
Egypt's bourse suffered its biggest one-day loss in three months on Monday after the chief executive of its largest…
After Entire Red Week, EGX 30 Falls 2.4% Amid Tax Concerns
In a week, the Egyptian Exchange has incurred losses of EGP 6.74 billion driven by the investors’ concerns over…
OCI Share Deal Faces Delays As Egypt Queries Plan
A deal that would see Bill Gates and other U.S. investors inject $1 billion in fertilizer and construction firm OCI…
