OHD reports net loss of EGP 499.5 mn

• Tuesday, 25th April 2017
• by Nayrouz Talaat

Egypt’s real estate developer Orascom for Hotels and Development has turned from profits to losses in 2016 due to the EGP flotation in November, Invest-Gate reports.

Production At Iowa Fertilizer Company Starts, USA

• Thursday, 20th April 2017
• by Leena ElDeeb

Egyptian construction company Orascom is announcing that production and sales at its construction project Iowa Fertilizer Company is starting, the first world-scale greenfield nitrogen fertilizer plant to be built in ...

BATIMAT: A Stable Market for Urban Development in Egypt Needed

• Saturday, 11th March 2017
• by Fatma Khaled

Invest-Gate provides a special coverage for BATIMAT exhibition and conference that is currently taking place in Cairo, Egypt. News coverage are provided by Invest-Gate business reporter Fatma Khaled

Orascom Expands Executive Management Team

• Tuesday, 7th March 2017
• by Yasmin El-Beih

Orascom Development Holding (ODH) decided on March 5 to expand its executive management team as of April 1, Invest-Gate reports.

Egypt’s Construction Sector’s Performance Tops All Across Middle East

• Tuesday, 3rd January 2017
• by Farah Montasser

Egypt’s construction market is the most successful in the entire Middle East and North Africa (MENA) region despite its current economic conditions, according to HSBC’s MENA Construction report that was released last ...

Orascom Incurs EGP 168 M Loss in Q2 2016

• Wednesday, 17th August 2016
• by Heba Eid

Orascom Development Holding turned an EGP 168 million loss in the second quarter of 2016, the company's consolidated financial results showed.

Orascom Construction Records EGP 204.4 M in Net Profit in Q1

• Wednesday, 1st June 2016
• by Invest Gate

Orascom Construction announced a net profit of EGP 204.4 million in the first quarter (Q1) of 2016, in comparison to EGP 51.5 million for Q1 2015.

Orascom Construction to Borrow EGP 800 M from OFID

• Wednesday, 11th May 2016
• by Nadine Abou el Atta

Orascom Construction Industries (OCI) is about to secure a loan worth up to EGP 800 million ($90 million) from OPEC Fund for International Development (OFID) and the European Bank for Reconstruction and Development ( ...

Orascom Construction wins EGP 2.7 B Cairo Metro Line Contracts

• Monday, 9th May 2016
• by Nadine Abou el Atta

Orascom Constructions Limited, an Egypt-based construction company, acquired two contracts to develop the civil and track work of Cairo Metro Line III. The contracts are worth EGP 2.73 billion, reported Reuters.