Egypt to open first hotel ever in new capital this month
Egypt will open the first hotel ever, the military-owned Al Masah, in its new administrative capital city this…
Browsing Tag
Orascom construction
Orascom, Spain’s FCC to build $320 million wastewater treatment plant in Egypt
Orascom Construction and Spain’s FCC Aqualia are set to build a US$320 million wastewater treatment plant in Egypt,…
Orascom Construction posts 21.7% increase in Q1 net income
Egypt-based Orascom Construction (OC) has reported a 21.7 percent increase y-o-y in its net income during the first…
Orascom: foreign currency financing for two power plants in Egypt reaches close
Orascom Construction Limited announced Thursday that the foreign currency financing of Assiut and West Damietta…
Orascom Construction’s board approves share buy-back scheme for up to 1mn shares
Orascom Construction's board of directors has approved a proposal to buyback up to one million shares, the company…
Egypt’s Beltone begins market-making activity on Nasdaq Dubai
Beltone Market Maker, a unit of Egyptian investment bank Beltone Financial Holding, started Tuesday providing…
Orascom Construction achieves net income of $23m during Q1
Orascom Construction grew by 13.4% in the revenue realised by the end of the first quarter of this year, achieving…
Orascom Construction records Q1 net income $23 mln vs $5.8 mln year earlier
Orascom Construction posted a first quarter net profit of $23 million, up significantly from $5.8 million a year…
SUMED to build $350mn-pier in Egypt’s Ain Sukhna
Egypt's Arab Petroleum Pipelines Company (SUMED) is preparing to establish new pier in Ain Sukhna, Suez governorate…
Orascom Construction wins $308 million Cairo metro line contracts
Egypt's Orascom Construction has won two contracts worth €270 million ($307.75 million) for work on the third phase…