Orascom
Parts of the Alexandria railway system will halt operation gradually starting Friday to implement the first phase of the Alexandria Metro project.
The acquisition, which will see B Investments purchase up to 90% of OFH, was announced back in June
The company stated in a statement to the Egyptian Exchange (EGX), that Orascom shareholders approved this acquisition at the extraordinary general assembly meeting on December 27, 2021.
The acquisition amounts to a total of $35 million, including the sale and purchase agreement (agreements) and other required legal documents.
Prime Minister Moustafa Madbouli attended the signing ceremony of two agreements on establishing a 500MW wind farm in the Gulf of Suez area.
The contracts were signed between the Cotton & Textile Industries Holding Co. and Orascom Construction PLC.
The infographic results were based on 3 main indicators, which are the volume of the land and assets portfolio, revenues, and the contractual sales .
Nine Pyramids Lounge and Restaurant provides its various services of unique meals and drinks, which possess the highest quality, in addition to the capacity of holding a number of special events, in the arms of the great Egyptian civilization.
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.
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.
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.
The fortune of billionaire Nassef Sawiris rose by $1.5 billion to become $7.9 billion over the past few months.
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.
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.
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.
A wrap-up of the most prominent business news of the day.
PM Sherif Ismail witnessed Tuesday the signing of an agreement between Egyptian Electricity Transmission and a consortium to build a 250 MW wind farm.
A wrap-up of the most prominent business news of the day
A wrap-up of the most prominent business news of the day.
Egyptian billionaire businessman Naguib Sawiris condemned on Friday a crackdown on graft in Saudi Arabia.
