Egypt Tax Authority Chief Says OCI Negotiations Reached Deadlock
The negotiations between the Egyptian Tax Authority and Orascom Construction Industries (OCIC.CA) over the EGP 4.7…
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OCI
EGX 30 Dives 2.30%, Ends Monday Below 5380 Pts
The Egyptian Exchange (EGX) has ended Monday’s session incurring substantial losses of EGP 7.18 billion driven by…
Sarie Eldin Says ‘Surprised’ By OCI Officials’ Travel Ban As Talks Still Ongoing
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), said he was “surprised” by…
EGX 30 Opens Below 5455 Pts, OCI Falls 1.61% Amid CEO’s Travel Ban
The Egyptian Exchange has opened Monday’s session incurring losses of EGP 2.3 billion driven by foreign sellers.…
Egypt’s Prosecutor-General Issues Travel Ban For The Sawiris
The measure against the two business tycoons, Onsi and Nassef Sawiris, is part of the prosecution's investigation…
Orascom Construction Says Didn’t Get New Tax Claim Amid CEO Ban
Orascom Construction Industries, (OCIC) the company transferring its stock listing to Amsterdam from Cairo, said it…
EGX 30 Opens This Month Below 5485 Pts, OTMT Soars 9.52%
The Egyptian Exchange has opened the new month posting losses of EGP 771 million driven by local and non-Arab…
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…
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…
Palm Hills, OCI Sign EGP400 Mln Development Project
Palm Hills Development (PHDC.CA) and Orascom Construction Industries (OCIC.CA) has signed a EGP 400 million ($ 57.2…
