Egypt’s Orascom Investment sells subsidiaries for $17.8 mln in Brazil
Orascom Investment Holding S.A.E (OIH) sold subsidiaries owning the real estate units located in Patio Victor…
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Orascom Investment Holding
Orascom Investment’s earnings growth for 25.8% in Q1 of 2023
Orascom Investment Holding's combined profit grew by 25.8 percent during the first quarter of this year,…
Orascom Investment restructures companies in Brazil, Netherlands
Orascom Investment board of directors has agreed on restructuring some of its companies in Brazil and the…
Egypt’s Sawiris eyes digital banking licence at home
Egyptian business tycoon Naguib Sawiris said on Tuesday he is seeking to apply for a digital banking licence in…
Naguib Sawiri resigns from Orascom Investment Holding as Chairman
Orascom Investment Holding (OIH) board approved on Wednesday the resignation of Egyptian business tycoon Naguib…
EGX halts trading on Orascom Investment Holding
The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the…
Onsi Naguib Sawiris named chairman of Orascom Financial Holding
Orascom Financial Holding on Tuesday announced that Onsi Sawiris, the son of Egyptian business mogul Naguib…
Orascom Investment sole bidder for sound and light show at Egypt’s Pyramids
Egypt-based Orascom Investment Holding seems to be the one to win a contract to develop the sound and light show at…
Orascom Investment Holding sees much lower losses in 9M
Orascom Investment Holding (OIH) reported consolidated net losses of 17.89 million Egyptian pounds in the first…
Orascom signs SAIB bank’s EGP230 million loan to renovate Pyramids Plateau
Egypt’s SAIB Bank signed on Wednesday a long-term 230 million Egyptian pound ($14.6 million) loan with Orascom…
Sawiris’ Orascom Financial could look at majority stake in United Bank of Egypt
Orascom Financial Holding (OFH) could look at acquiring a controlling stake in the state-run United Bank of Egypt,…
How will Orascom Investment Holding look like after it splits in two?
Orascom Investment Holding’s (OIH) is now officially split into two companies after its plan to implement a…
Orascom Investment ends talks with Qatari Diar without reaching an agreement
Orascom Investment Holding (OIH) announced the end of negotiations with Qatari Diar Real Estate Investment Company…
Sawiris’ Orascom Investment to split to two firms for investment, financial services
Egyptian Orascom Investment Holding's board, chaired by businessman Naguib Sawiris, has approved on Monday…
Naguib Sawiris now Orascom Investments CEO as El Mahdi resigns
Egypt's Orascom Investment Holding (OIH) announced on Monday that its chief executive Tamer EL Mahdi resigned for…
Egypt’s Orascom Investment backs away from Nile Sugar acquisition
Orascom Investment Holding, owned by Egyptian billionaire Naguib Sawiris, said on Tuesday it will not pursue with…
Orascom acquires all shares of Nile Sugar with total value of EGP3.5bln
Orascom Investment Holding (OIH)'s board of directors approves acquiring all the outstanding shares of Nile Sugar…
Orascom Investment shares rise 5% on Egypt’s EGX
Egyptian Orascom Investment Holding's shares jumped five percent on Egypt’s stock market, following comments by…
Egyptian Tycoon Naguib Sawiris denies cancelling pyramids area contract
Egyptian billionaire and chairman of Orascom Investment Holding Naguib Sawiris denied on Wednesday cancelling the…
Egypt’s Orascom Investment likely to acquire 30% of Sarwa Capital
Egypt-based Orascom Investment Holding said on Wednesday it expected to acquire 30 percent of Sarwa Capital’s…
Egypt’s Sawiris to keep investing in North Korea after UN exemption
Top Egyptian businessman Naguib Sawiris hopes to continue his investments in North Korea following a United Nations…