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Orascom Construction's 9-month net profit up 45pcOrascom Construction, a leading engineering and construction contractor in the region, has reported a net profit of $119.3 million for the period between January and September, up 45 per cent over the previous year's figure of $82.3 million. More… |
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Orascom Construction adds $520m new contract wins in Q3Orascom Construction, a leading global engineering and construction contractor, said it has added $520 million of new awards to its backlog in the third quarter. Egypt accounted for approximately 60 per cent of the new awards while the US repres More… |
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Orascom Construction Q2 net income up 113pcOrascom Construction, a leading global engineering and construction contractor in the region, said its net income attributable to shareholders increased 113.5 per cent in the second quarter of 2018 to $50.6 million compared to $23.7 million for More… |
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Siemens completes giant Egypt power project in record timeSiemens said the company, along with consortium partners Orascom Construction and Elsewedy Electric, has completed the world’s largest combined cycle power plant project in Egypt in collaboration with Egyptian Ministry of Electricity and R More… |
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Siemens completes giant Egypt power project in record timeSiemens said the company, along with consortium partners Orascom Construction and Elsewedy Electric, has completed the world’s largest combined cycle power plant project in Egypt in collaboration with Egyptian Ministry of Electricity and R More… |
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Crisis-hit Abraaj sells Orascom Construction stake for $52mDubai-based Abraaj Group has sold its entire stake in Egypt’s Orascom Construction for $52 million as the private equity firm seeks to restructure amid allegations of misused funds, reported Bloomberg. Abraaj has been und More… |
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Orascom Construction JV wins UAE airport expansion contractOrascom Construction, a leading global engineering and construction contractor in the Middle East and North Africa (Mena) region said its joint venture with UAE-based Al Sahraa Group has been awarded a $180-million contract for the expansion of More… |
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Suez tunnel work to be completed by 2018-endEgyptian construction groups Arab Contractors (AC) and Orascom Construction have started work on a E£18-billion ($2 billion) tunnel construction project which will be completed by the end of 2018, said a report. Under this p More… |
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Orascom Construction to buy back million sharesOrascom Construction, a leading player in the region, said its board of directors has approved a proposal to buy back up to one million shares, the company said. "The company proposes to purchase ordinary shares through an of More… |
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Beltone starts market-making on Nasdaq DubaiBeltone Market Maker, a subsidiary of Beltone Financial Holding, one of Egypt’s leading investment banks, has begun providing market-making services in the shares of Orascom Construction on Nasdaq Dubai. The move supports li More… |
