Orascom Construction’s Adjusted Net Income Rise 208.5% in Q3 2018

• Sunday, 2nd December 2018
• by Invest Gate

Egypt-based Orascom Construction maintained its positive position in the third quarter of 2018, posting a 208.5% surge in its adjusted net income of USD 69.1 mn versus USD 22.4 mn in the year-ago period, excluding ...

Demand for Egypt’s Infrastructure Development Unprecedented: Orascom Construction

• Wednesday, 21st November 2018
• by Invest Gate

CEO of Egypt's Orascom Construction Osama Bishai said that although Egypt's IMF-backed reforms had inevitably resulted in a number challenges for the construction sector, the current level of demand for infrastruc ...

Orascom Construction Adds USD 520 mn to its Backlog in Q3

• Monday, 5th November 2018
• by Invest Gate

Egypt's Orascom Construction revealed on November 5 that it added USD 520 mn of new awards to its backlog in Q3 2018, of which Egypt accounts for about 60% of the new awards, while the US represents the remainder

Egypt Sees Construction Boom With USD 348 bn Active Projects

• Thursday, 16th August 2018
• by Sara Mohamed

Egypt is going through a phase of economic prosperity across the board, particularly in the construction sector, with over 1,400 construction projects being implemented with investments valued at USD 348.2 bn

Egypt’s New Compensation Law Protects Contractor

• Thursday, 26th January 2017
• by Yasmin El-Beih

The government’s compensation law for contractors protects the construction sector rather than compensating contractors, according to Mohamed Badawy for Contracting Company Chairman Mohamed Desouky.