Orascom Sheds Assets in Egypt As It Restructures Business
Swiss-listed Orascom said on Sunday it would divest stakes in a number of non-core assets in Egypt as it…
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Samih Sawiris
Egypt’s Orascom Hotels 2013 Net Loss Hits EGP562 mln
Egypt's Orascom Hotels and Development (ORHD.CA) reported on Wednesday it incurred net losses of around EGP 562.345…
Orascom Hotels Establishes a New Company to Manage Taba Port
Egypt’s Orascom Hotels and Development announced on Tuesday that two subsidiary companies, Taba Heights and Taba…
Egypt Ranks Second in World’s Richest Arabs List: Forbes Middle East
Egypt has landed in second place in the World’s Richest Arabs list made by Forbes Middle East, contributing 15…
Swiss-listed Orascom Warns on Profit amid Egyptian Instability
Swiss-listed Orascom Development Holding AG (ODH) expects to post a full-year net loss, as Egyptian tourism suffers…
Egyptian Tycoon Sawiris to Buy into German Travel Group FTI
Egyptian billionaire Samih Sawiris is taking a stake of 25 percent to 35 percent in FTI, Germany's fourth-biggest…
Orascom Development, Ezz Elarab to Launch ‘Green’ Transport Services
Egypt’s Orascom Development has joined hands with Ezz Elarab Automotive Group, the sole agent for Budget Rent a Car…
Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
Egypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign…
Egypt Bourse Chief in NYC to Attend Int’l Economic Reform Forum
Egypt’s bourse chief Dr. Mohamed Omran is currently in New York city to take part in Egypt Economic Reform Forum…
Egypt’s Orascom Development Narrows Net Losses By 27% – Q1
Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results for the first quarter of 2013, a…
