 |
OCI reports 31pc drop in Q3 incomeEgypt's Orascom Construction Industries (OCI) reported on Wednesday a 31 percent drop in net income for the third quarter of 2012 to $126.8 million, that was near the top end of analyst forecasts. More… |
 |
OCI profit falls ahead of demergerOrascom Construction (OCI) , Egypt's biggest listed company, reported a 28 percent drop in net income for the second quarter, pulled lower by start-up costs at new fertiliser factories, as it prepares to split the two busin More… |
 |
Egypt's OCI to build $1.4bn plant in IowaEgypt's Orascom Construction Industries will build a $1.4 billion fertiliser plant in Iowa and is buying a US construction firm, as it targets growth outside its main Middle East markets, the company said. &nbs More… |
 |
Orascom Construction Q1 net drops 54pcEgypt's Orascom Construction (OCI) reported a 54 percent fall in first-quarter net income on Monday, on lower operating margins and after the group took the investment income from its Gavilon Group off its earnings books. Net profit fell t More… |
 |
OCI gets $100m loan from World BankEgypt's Orascom Construction Industries (OCI) has secured a $100 million loan from the World Bank's investment arm to help it expand across the region and rebuild confidence in the country's private sector. Egypt is struggling More… |
 |
OCI to sell Gavilon stake for $605mEgypt's Orascom Construction Industries (OCI) said on Tuesday it had agreed to sell its 16.8 per cent stake in US grains merchant Gavilon to Japanese trading house Marubeni for $605 million. 'The transaction is expected to close by More… |
 |
Egypt's OCI Q3 net up 24pc to $183mEgypt's Orascom Construction (OCI) said on Monday its net profit for the third quarter of 2011 rose 24 percent to $182.9 million, in line with the consensus forecast of analysts. Consolidated revenue grew 8.9 percent to $1.36 billion, whil More… |
 |
OCI unit wins $578m Yas Mall contractA unit of Egypt's Orascom Construction won the main 416 million euro ($578 million) construction contract to build a mall in the capital of the United Arab Emirates, the firm said on Sunday. The contract for Yas Mall, a retail developm More… |
 |
OCI unit wins $552m Saudi stadium dealA unit of Egypt's Orascom Construction Industries (OCI) won a 2.07 billion Saudi riyal ($552 million) contract to design and build a major sports stadium in Saudi Arabia's Jeddah, a source close to the deal said on Monday. & More… |
 |
Orascom sees Q2 net up 33pcOrascom Construction Industries, Egypt's biggest listed company, is expected to post a 33 per cent jump in second-quarter net profit, according to analyst estimates. Orascom, run by billionaire tycoon Nassef Sawiris, could see profits More… |
