Orascom acquitted of Egyptian tax evasion claims
Reuters - Orascom Construction has been cleared by an Egyptian public prosecutor…
Sawiris to buy into German travel group FTI
Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…
Orascom Construction awarded $300m contracts in Egypt and KSA
OC expected to collaborate on new projects with Emaar Misr and Palm…
Sawiris interested in Telecom Italia: Bloomberg
The report said that Sawiris, who runs Orascom Telecom Media and Technology,…
Orascom Construction suspends tax payment to Egypt
Reuters - Orascom Construction Industries has suspended payment of a 31 December…
Tourist arrivals drop 69.7% in September: CAPMAS
There has been a major decline in the number of European tourists…
Orascom losses hit CHF 75.5m, blaming deteriorating tourism
Political toll on economy has made for two challenging years for Orascom…
Orascom’s stock market pullout started Wednesday
Other companies that will be delisted from EGX30 are Raya, Egyptian for…
Delisting of six stocks from EGX30 will not affect market: Bourse head
Atef El-Sherif said delisting is a normal measure that occurs every six…
Egypt’s benchmark index closes with a gain against odds
Surge in shares of Orascom construction after regulatory approval given to its…