Orascom Buyout Battle Scars Egypt Stock Mkt
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict…
Browsing Tag
travel ban
EGX 30 Ends This Week 1.95% Up Powered By Dispute End Optimisms
The Egyptian Exchange (EGX) has ended this week posting gains of EGP 4.27 billion backed by foreign buyers amid the…
Billionaire Sawiris Says Climate In Egypt Deters Investors
Egyptian billionaire Naguib Sawiris said a “police environment” in Egypt discourages investors, and vowed to return…
OCI To Discuss Alleged Tax Claim With Egyptian Tax Authority By March 10
OCI N.V.’s subsidiary, Orascom Construction Industries (OCI) (OCIC.CA), announced today that it has received…
OCI Workers Stage Sit-In Against Arbitrary Actions Towards The Sawiris
Workers at Orascom Construction Industries (OCI.CA) have staged a sit-in on Wednesday morning outside the company’s…
Sawiris Travel Ban Further Drags EGX 30 Down Below 5245Pts; Closing
The Egyptian Exchange (EGX) has ended Tuesday’s session incurring substantial losses of EGP 5.2 billion driven by…
Egypt’s Tax Chief Says There Are Still Chance To Reopen Talks With OCI
The Egyptian Tax Authority Chief Mamdouh Omar asserted on Tuesday that there is still a strong possibility of…
EGX 30 Falls Below 5260Pts Amid Sawiris Travel Ban Repercussions; Midday
The Egyptian Exchange has incurred midday losses of EGP 4.9 billion on Tuesday driven by foreign selling pressures…
Sarie Eldin Says ‘Surprised’ By OCI Officials’ Travel Ban As Talks Still Ongoing
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), said he was “surprised” by…
PA probes anyone intervened in NGO trial
Egypt’s parliament is to probe and “hold accountable” anyone who intervened to allow foreign activists on trial to…
