Orascom, Metito Consortium Secures $2.2 Bn for Abu Dhabi Seawater Project

Abu Dhabi, UAE - Orascom Construction and Metito, in collaboration with Abu Dhabi National Oil Company PJSC (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA), have achieved financial close at an impressive ...

O West, Orange Collaborate To Provide High-Tech Network Services for 10 Years

O West, the fully integrated town developed by Orascom Development in West Cairo, has entered into a 10-year agreement with Orange Egypt, a leading telecommunications service provider, Invest-Gate reports.  

Orascom Development Logs EGP 3bn Sales in Q4

Orascom Development Egypt (ODE) announces its preliminary real estate and hotels KPIs for Q4 2021, Invest-Gate reports.

BIG 5 Construct Egypt Returns to Support Egypt’s USD 354.8bn Future Projects

Taking place from June 26 till June 29 at the Cairo International Convention Centre (CICC), Big 5 Construct returns to support USD 354.8 bn Projects, featuring Big 5 Egypt Leadership Conference and Big 5 Egypt Imp ...

Gouna Hosts Fourth International Motocross Championship

El Gouna hosts the fourth edition of El Gouna International Motocross Championship on April 2-3 at the Motoclope Egypt, under the auspices of the Ministry of Youth and Sports, Invest-Gate reports.

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 Achieves 32.3% Increase in Real Estate Sales

Orascom Development Egypt (ODE) achieves an increase of 32.3% in 2020's quarter four property sales and ends the year with net sales of EGP 6.2 bn and cash balance of EGP 2.1 bn, Invest-Gate reports.

Manazel Real Estate Exhibition Kicks Off in Mansoura on December 3

Manazel Real Estate Exhibition’s second edition kicked off on December 3 in Geziret El Ward Club, Mansoura, running for three days to host around 2,000 visitors, featuring unique incentives and attractive offers b ...

First Restaurant and Lounge Opens at Giza Pyramids

The first restaurant and lounge the Giza Pyramids Complex is now open under the management of Orascom Investment Company as part of the framework of cooperation between the Supreme Council of Antiquities and Orasc ...

Orascom Investment Sees Higher Losses in H1

Egypt-based Orascom Investment Holding (OIH) incurred higher net losses of EGP 153.3 mn in the first half of 2019, compared to EGP 141.2 mn recorded during the prior-year period.

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