Orascom Construction names Jerome Guiraud as non-executive chairman
Egypt's Orascom Construction appointed Jerome Guiraud as its Non-Executive Chairman of the board, the firm…
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Orascom construction
Egypt’s benchmark ends week 0.7% up, market cap losses $5bn
Egypt’s main index gained 0.70 percent, to 7548.22 points Thursday, in response to a cabinet reshuffle that…
Orascom Construction wins $200 million Egypt, Algeria contracts
Orascom Construction Limited has won $200 million of building contracts for three projects in Algeria and Egypt,…
Egypt to start generating power using coal by 2021; official says
Egypt is set to start generating electricity using coal by 2021 through coal-fired power plants whose capacities…
EFG Hermes targets new IPOs for food, health sectors this year
Egypt’s EFG-Hermes, the leading investment bank in the Middle East, says Tuesday it plans to run some new initial…
Siemens, ElSewedy, Orascom sign integrity, clean business deal for Egypt power project
German industrial giant Siemens has signed project-specific compliance agreements with two of its key local…
Orascom Construction seals $420mn deal to develop 2 power plants in Egypt
Orascom Construction said Monday it has signed contracts to convert Assiut and West Damietta power plants in…
Egypt to sign €238mn Siemens power transformer deal today
Egyptian Ministry of Electricity is to sign Tuesday a €238 million (US$260.7 million) contract with German…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…