Orascom Adds USD 415 mn to its Backlog in Egypt

Egypt’s Orascom Construction has revealed accumulating USD 650 mn of new awards to its backlog in Egypt and the US during the second quarter of 2018

Orascom Signs EGP 5.7 bn Contract for Egyptian Wastewater Plant

Egypt’s Housing Ministry signs a contract with Orasqualia, a consortium led by Egypt's Orascom Construction Industries and Spain's Aqualia, to proceed with construction works of Abu Rawash Wastewater Treatment Pla ...

Orascom Logs 13.9% Net Profit Increase in Q1-18

Egypt's Orascom Construction recorded an increase of 13.9% year-on-year (YoY) in its net income attributable to shareholders to amount to nearly USD 32 mn in Q1-18 versus USD 28 mn in the same-prior year

Orascom Construction Q2 Consol Profit Falls

Cairo-based global engineering and construction contractor Orascom Construction reports consol profit attributable to shareholders dropping to USD 23.7 mn during the second quarter of 2017 from USD 26 mn in the same ...

Orascom Construction’s Unit Finalises Large Student Housing Project in US

Orascom Construction Limited says its wholly-owned subsidiary completed a large student housing development in the US, Invest-Gate reports.

Orascom Construction to Build Power Plant worth USD 100 mn

Egypt’s contractor Orascom Construction Limited (OCL) wins a deal to build a new power plant, Invest-Gate reports.  

Road Tunnels in Suez Canal to Cost Roughly EGP 18 to 19 bn

At roughly an estimate of EGP EGP 18 to 19 bn, Arab Contractors, in partnership with Orascom Construction, are to implement two road tunnels as part of the Suez Canal project in Port Said, reports Al Mal

Orascom Construction 3Q16 Net Income up 6.1% y-o-y

Orascom Construction earned $26 mn in net income in the third quarter of 2016, according to an earnings release on Tuesday, an increase of 6.1% year-on-year.

NUCA Appoints 4 Contractors for Projects in New Cairo

New Urban Communities Authority (NUCA) has assigned four contractors to implement projects for the Bait Al Watan project at a cost of EGP 160 mn and which will include electricity, sewage, and other facilities in New ...

Orascom Completes Al Masah Hotel in New Administrative Capital

Orascom Construction has finalized construction on Al Masah Hotel in the New Administrative Capital, in collaboration with the Armed Forces Engineering Authority.

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