Government postpones Economic Summit to avoid Chinese New Year
Dispute surrounding Kuwaiti grant valuing $1bn, Ministry of Finance confirms its arrival,…
OCI NV pursues dual listing in Egypt, UAE
Company is targeting to list on the two exchanges during the first…
Finance ministry mulls formation of ETA-Orascom committee: Former Head ETA
Company was acquitted by the prosecutor general on the tax evasion case,…
Nassef Sawiris imprisonment verdict suspended
Company says lawsuit was filed by the ETA prior to the prosecutor…
Kuwait’s Zain says sued for $4.5bn over Iraq Telco buy
Reuters - Zain is being sued for $4.5bn over its 2007 acquisition…
Swiss-Listed Orascom warns on profit amid Egyptian instability
Specific factors hitting Orascom include lower capitalisation of financing costs, the devalued…
US data centre firm in venture with Egyptian telecoms tycoon
Reuters - US-based data centre firm Switch SUPERNAP has set up a…
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…