EGX 30 Ends Above 5250Pts As Hope Floats For OCI’s Tax Settlement
The Egyptian Exchange (EGX) has ended Sunday's trading posting gains of EGP 2.6 billion powered by the Egyptian…
Browsing Tag
Orascom Construction Industries
Egypt’s Tax Authority Reconciles With OCI For EGP 7.1 Billion; Minister Says
The prolonged tax disputes between Orascom Construction Industries (OCIC.CA) and the Egyptian Tax Authority (ETA)…
OCI Tax Debacle in Egypt Stokes Concern Over Who Might Be Next
Egypt’s decision to go after its biggest publicly traded company on a tax-evasion claim is deterring investors that…
OCI Says Still In Talks With Egypt Tax Authority; Trading Resumed
Orascom Construction Industries (OCIC.CA) stated that negotiations with Egyptian Tax Authority (ETA) are still…
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…
EGX 30 Ends Sunday Near 5210Pts Ahead Of OCI –Tax Meeting
The Egyptian Exchange (EGX) has ended Sunday’s session posting humble gains of EGP 478 million backed by local and…
Business In Egypt; Feeling The Squeeze
The decision by Egypt’s general prosecutor to place the country’s wealthiest man and his business-tycoon father on…
EGX 30 Opens This Week 0.09% Up, While OCI Falls 1.24%
The Egyptian Exchange has opened this week posting early gains of EGP 372 million backed by local buyers. The…
EGX30 Falls 2.95 % In Week As OCI Tax Dispute Weighs
The Port Said court ruling proceeded by bloody riots, massive blaze and police strike alongside the pending tax…
EGX 30 Ends This Week Below 5210Pts, OCI Falls 4.42% On Unsolved Disputes
The Egyptian Exchange (EGX) has ended this week incurring losses of EGP 4.3 billion driven by non-Arab foreign…
