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…
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Orascom construction
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…
INTERVIEW: Orascom Construction sees power, transport as growth areas
Orascom Construction Ltd (OC), spun off from OCI NV in March, is banking on Egypt's need to expand power generation…
Sawiris’ Orascom Construction records Q3 net income of $24.5 million
Orascom Construction Ltd (OC), owned by Egypts wealthiest man Nassef Sawiris, registered third-quarter net income…
Siemens signs financial closure agreement for Egyptian power projects
Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects
Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
