Magdi Yacoub Heart Center to be Built by Orascom Construction

Magdi Yacoub Heart Foundation Board announces the selection of Orascom Construction to build the Magdi Yacoub Global Heart Center in the 6th of October City in Cairo, Invest-Gate reports.

Orascom’s Consortium Gets USD 800 mn Award for Cairo Metro Line IV

A consortium of Egypt-based Orascom Construction (OC) and Japanese conglomerate Mitsubishi Corporation was awarded a USD 800 mn (EGP 12.5 bn) contract to execute work on the first phase of the Cairo Metro Line IV. ...

Hassan Allam Consortium Secures Work for Cairo Metro Line IV

Egypt's Hassan Allam Holding (HAH) has announced that its subsidiary, Hassan Allam Construction, was awarded a new contract for some work on the first phase of Cairo Metro Line IV.

Trial Operation of Egypt’s 1st Monorail Set in Mid-2021: Minister

Transport Minister Kamel El Wazir has announced that the trial operation of Egypt's first monorail, which connects El Salam City with the New Administrative Capital (NAC) and 10th of Ramadan City, will kick off ar ...

Gov’t Inks EUR 1.14 bn Operation Contract for Cairo Metro Line III

The National Authority for Tunnels (NAT) has inked a EUR 1.14 bn (EGP 21.4 bn) contract with French transportation firm RATP Dev to run and operate Cairo Metro Line III.

Orascom Construction Sees 8.2% Rise in H1 2020 Revenues

Orascom Construction has unveiled posting an 8.2% YoY rise to USD 1.6 mn (EGP 25.8 mn) in its H1 2020 revenues, compared to USD 1.5 mn (EGP 23.7 mn) in the year-ago period, despite falling short in profitability. ...

Orascom Donates Emergency Unit in Qasr El Aini Hospital

Egypt-based Orascom Construction has successfully funded, built, and fitted a new 170-square-meter Emergency Gynaecology Unit at Qasr El Aini Hospital in Egypt.

Orascom Construction Posts USD 599.2 mn New Awards in Q1 2020

Orascom Construction (OC) has reported consolidated new awards of USD 599.2 mn (EGP 9.5 bn) in Q1 2020, compared to USD 480.7 mn (EGP 7.6 bn) in the corresponding period last year.

Orascom Breaks Ground on Egypt’s 1st Monorail Line

A consortium made up of Orascom Construction, Arab Contractors, and Bombardier Transportation has broken ground on Egypt's first-ever monorail line, which will connect east Cairo and the New Administrative Capital ...

Ora Developers, Orascom Ink Deal for ZED Sheikh Zayed

Ora Developers has signed a deal with Orascom Construction to build the first phase of west Cairo's ZED Sheikh Zayed.

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