Orascom

Orascom Holding announces end of negotiations to acquire stake in Qatari Diar

Wed, 05 Aug 2020 - 01:36 GMT

The negotiations concerned Orascom's contemplated acquisition of a stake in Bawabet Al Sharq Al Qahira Al Guedida For Real Estate Development S.A.E, the developer of "City Gate" project.

Ora Developers Signs Agreements with Orascom Construction, Banque Misr to Build, Finance ZED Sheikh Zayed

Wed, 13 May 2020 - 08:56 GMT

During a signing ceremony that took place yesterday, Ora Developers and Orascom Construction signed a contract to build the first phase of ZED Sheikh Zayed project.

El Gouna Film Festival Press Conference held on Aug. 26

Mon, 26 Aug 2019 - 12:51 GMT

The festival’s third edition, to be held from Sept. 19 to 27, aims to bring together filmmakers in the region with their counterparts from all around the world.

Fortune of Nassef Sawiris rises by $1.5B in few months

Mon, 22 Jul 2019 - 03:56 GMT

The fortune of billionaire Nassef Sawiris rose by $1.5 billion to become $7.9 billion over the past few months.

Oracom Development records profits of LE 111.33M in Q1 2019

Sun, 12 May 2019 - 11:10 GMT

As per standalone results, the company turned into profitability by LE 27.48 million during the first quarter of 2019, compared to a loss of LE 45.95 million during the first quarter of 2018.

Orascom Investment Holding to provide Giza Pyramids' visitors with services

Sun, 16 Dec 2018 - 05:31 GMT

Supreme Council of Antiquities signed a contract with Orascom Investment Holding to provide Giza Pyramids' visitors with services, with the council having the sole right to manage the area.

EFSA receives tender offer from Orascom to purchase Sarwa Capital shares

Sun, 18 Nov 2018 - 03:10 GMT

The Egyptian Financial Supervisory Authority (EFSA) announced Sunday that it has received a tender offer from Orascom Investment Holding (OTH) to buy capital shared of the Sarwa Capital company.

Business News Wrap-up

Sun, 01 Apr 2018 - 05:26 GMT

A wrap-up of the most prominent business news of the day.

250MW wind farm to be built in Red Sea’s Ras Ghareb

Tue, 06 Mar 2018 - 11:31 GMT

PM Sherif Ismail witnessed Tuesday the signing of an agreement between Egyptian Electricity Transmission and a consortium to build a 250 MW wind farm.

Business News Wrap-up

Sun, 25 Feb 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day

Business News Wrap-up

Wed, 27 Dec 2017 - 05:34 GMT

A wrap-up of the most prominent business news of the day.

Egyptian billionaire denounces Saudi corruption crackdown

Fri, 01 Dec 2017 - 03:10 GMT

Egyptian billionaire businessman Naguib Sawiris condemned on Friday a crackdown on graft in Saudi Arabia.

Business news wrap-up

Fri, 25 Aug 2017 - 04:48 GMT

Daily round up of major business and economy news.

Business news wrap-up

Thu, 24 Aug 2017 - 04:58 GMT

Daily round up of major business and economy news .

Business news wrap-up

Wed, 23 Aug 2017 - 05:00 GMT

A wrap-up for the most prominent news circulated during the day.

Business News Wrap-up

Tue, 22 Aug 2017 - 04:33 GMT

A wrap-up for the most prominent news circulated during the day.

Synagogue in Alex. to be renovated at total cost of EGP 100 mln

Thu, 03 Aug 2017 - 11:04 GMT

The Jewish Synagogue in Alexandria will be renovated at a total cost of 100 million pounds.

EGX shows mixed performance, benchmark inches up 0.1%

Thu, 20 Apr 2017 - 05:06 GMT

The Egyptian Exchange (EGX) shut on a mixed note Thursday, amid sideways trading.

Local sell-offs weigh on EGX, benchmark slips 1%

Wed, 19 Apr 2017 - 03:03 GMT

The Egyptian Exchange (EGX) lost ground Wednesday, hurt by selling pressures from local traders.

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