Egyptian Court Ratifies Tycoon Nassef Sawiris’ 3-Year Jail Sentence
An Egyptian misdemeanour court ratified Sunday a court order sentencing billionaire construction tycoon Nassef…
Browsing Tag
OCI
Arab Contractors and OCI to Carry out EGP750mn Cairo Metro Works
Egypt's leading construction firm, Arab Contractors (AC) will carry out suspended bridge and a tunnel in the fourth…
AC-OCI: Studies on Suez Canal’s 6 Tunnels Ready Next October
The Arab Contractors-Orascom Construction Industries coalition will finalise this October the planning studies of…
EGX Extends Trading Suspension On OCI Pending Financials
The Egyptian Exchange (EGX) management has decided Tuesday to continue trading suspension on Orascom Construction…
Egypt’s Nassef Sawiris Said Weighing IPO of Construction Business
Egyptian billionaire Nassef Sawiris is considering taking part of his construction business public in Cairo,…
Egypt’s Public Prosecutor Fully Exonerates Sawiris’ OCI of Tax Evasion Claims
OCI N.V. (Euronext: OCI) announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s…
OCI Incurs LE 628 M Loss In 9 Months
Orascom Construction Industries (OCIC) reported financial results posting a net loss of LE 628.5 m for the period…
OCI: Net Loss Hits EGP628.5 Million in 9 Months
The board of Orascom Construction Industries (OCI) ratified Monday the financial results for the first nine months…
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
The decision to refer Orascom Construction Industries (OCI) - which is owned by Egyptian business tycoon…
Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
Egyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom…
