Tag: Orascom

Swiss-Listed Orascom warns on profit amid Egyptian instability

Specific factors hitting Orascom include lower capitalisation of financing costs, the devalued…

Daily News Egypt

US data centre firm in venture with Egyptian telecoms tycoon

Reuters - US-based data centre firm Switch SUPERNAP has set up a…

Daily News Egypt

Orascom acquitted of Egyptian tax evasion claims

Reuters - Orascom Construction has been cleared by an Egyptian public prosecutor…

Daily News Egypt

Sawiris to buy into German travel group FTI

Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…

Daily News Egypt

Orascom Construction awarded $300m contracts in Egypt and KSA

OC expected to collaborate on new projects with Emaar Misr and Palm…

Sara Aggour

Sawiris interested in Telecom Italia: Bloomberg

The report said that Sawiris, who runs Orascom Telecom Media and Technology,…

Daily News Egypt

Orascom Construction suspends tax payment to Egypt

Reuters - Orascom Construction Industries has suspended payment of a 31 December…

Daily News Egypt

Tourist arrivals drop 69.7% in September: CAPMAS

There has been a major decline in the number of European tourists…

Sara Aggour

Orascom losses hit CHF 75.5m, blaming deteriorating tourism

Political toll on economy has made for two challenging years for Orascom…

Sara Aggour

Orascom’s stock market pullout started Wednesday

Other companies that will be delisted from EGX30 are Raya, Egyptian for…

Sara Aggour