OCI-VINCI-Arab Contractors alliance to complete $300mn barrage in Egypt
A joint venture comprising of French VINCI, Egyptian Arab Contractors and Orascom Construction Industries will…
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Orascom
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…
Sawiris’ Orascom Construction incurs $334 m net loss in 2015
Orascom Construction Limited, owned by Egyptian tycoon Nassef Sawiris, reported $ 334.4 million loss according to…
Sawiris’s Orascom to inaugurate Gouna and Fayoum hotels in 2016
Egypt-based Orascom Hotels and Development (OHD) is planning to inaugurate both Ancient Sands hotel-El Gouna and…
Egyptian mobile operator Mobinil officially rebranded to Orange
Orange (NYSE: FTE) has officially launched as a brand in Egypt Tuesday, becoming the French giant's largest market…
Billionaire Naguib Sawiris’ investment banking foray bets on Egypt revival
Egyptian billionaire Naguib Sawiris is expecting his acquisition of two investment banks to pay off with the…
Sawiris plans new housing project in Senegal
Samih Sawiris, Chairman of Orascom Development Holding (ODH), is to meet with Macky Sall, Senegal's president, next…
Renaissance Dam puts brakes on Orascom’s investments in Ethiopia
Samih Sawiris, Chairman of Orascom Development Holding (ODH), said the company’s $300 million investments in…
Sawiris’ OTMT approves final offer for CI Capital
Egyptian firm Orascom Telecom and Technology, which is owned by business tycoon Naguib Sawiris, has approved the…
Egyptian tycoon Naguib Sawiris stumbles in North Korea
Times have changed since 2011, when Egypt-based Orascom Executive Chairman Naguib Sawiris, was photographed with…
