Egypt News

1. Final 10 bids for wind farm deal in Egypt
(News/ Business)

... in 2011, after bids are turned in during the first quarter of the year. Among the competitors are Egyptian giant Orascom Construction, Enel Green Power SpA, and Electricite de France and a cons...

2. Ten companies to compete in Egypt wind farm bid
(News/ Business)

... is expected to be built on the Gulf of Suez. El Sewedy Cables, as part of a consortium, is among the contenders. Orascom Construction, Enel Green Power SpA, and Electricite de France, are also ...

3. Orascom Construction Q2 net falls 58 pct
(News/ Business)

Orascom Construction Industries, Egypt's largest construction firm, said on Thursday second quarter net profit fell 58.2 percent from a year ago to $102.4 million, below a range of analyst forecast

4. Egypt stock market Down 1.5 Pec
(News/ Business)

...of 67 securities. Institutions took just 20% of the transactions (more than LE 1.1 billion).   Meanwhile, Orascom Construction Industries – contracts sector – said it won con...

5. Egypt OCI wins contracts worth $168 mln
(News/ Business)

Egypt's largest listed builder Orascom Construction Industries reported Wednesday that it had won two government contracts worth $168 million for road-building and sewage treatment projects On

6. Egypt OCI subsidiary starts ammonia exports
(News/ Business)

A subsidiary of Egyptian Orascom Construction Industries reported Monday that it has begun exporting ammonia from its facilities at Sokhna Port on the Red Sea Coast Orascom Construction Indus

7. Best bidder in wastewater project: Egypt OCI
(News/ Business)

Egyptian largest listed builder Orascom Construction Industries said on Sunday its joint venture with Spanish Aqualia submitted the best financial bid for a Cairo wastewater treatment project

8. Egypt main indexes down
(News/ Business)

...ter gaining on Tuesday on hopes of a breakthrough in the legal wrangling over Mobinil, which faltered. [nLK467474] Orascom Construction Industries rose for a second session, up 2.28 percent to 21...

9. EFG-Hermes downgrades Egypt OCI
(News/ Business)

EFG-Hermes downgraded Egypt's Orascom Construction Industries to "neutral" from "buy" and said strong gains staged by the stock has priced in most of the positive future news flow and operational p

10. Telecom Egypt climbs after results, index flat
(News/ Business)

...in in profit for the first quarter on Thursday, driven by strong performance in the Egyptian market. But shares in Orascom Construction Industries , whose net profit for the first quarter dipped ...

11. Egypt OCI wins $280 mln in contracts in Algeria
(News/ Business)

Egypt's Orascom Construction Industries had won $280 million in construction contracts for an Algerian hydrocarbon facility, the Egyptian company said on Monday Orascom Construction Industries a

12. Egypt market up on gains in real estate
(News/ Business)

Traders in Egyptian Stock Exchange reported that Egypt's benchmark index gained more than 4 percent on Sunday as investors bought into real estate stocks and heavyweights Orascom Telecom (OT)

13. Egypt OCI, partner to build Cairo retail centre
(News/ Business)

Egyptian Orascom Construction Industries (OCI) to joint venture with Al-Futtaim Carillion had secured a $340 million deal to build a retail centre in Cairo, reported OCI on Wednesday Egypt&

14. Egypt indexes rise on returning foreign investors
(News/ Business)

...62 pounds ($0.82) per share. Orascom Telecom gained 3.29 percent to last trade at 30.77 pounds per share, while Orascom Construction Industries gained 1.91 percent to 153 pounds. Commercia...

15. Egypt indexes down on profit-taking, global dip
(News/ Business)

...re capital following the initial results of stress tests on 19 US banks. Many big cap stocks declined on Tuesday. Orascom Construction lost 2.6 percent to 149.04 pounds, while Orascom Telecom lo...

16. Egypt stock index dips on profit-taking
(News/ Business)

... index declined on Tuesday as profit-taking continued across the board for a second day, with declines in heavyweight Orascom Construction Industries (OCI) Orascom Construction Industries ...

17. Egypt OCI wins $258 mln power plant contract
(News/ Business)

Egyptian Orascom Construction Industries (OCI) announced Wednesday that it was awarded a $258 million contract to build a thermal-powered power plant near the northern coastal city of Alexandri

18. Egypt indexes up, Orascom Telecom leads
(News/ Business)

...it taking for the rally of the past week... at the end of the session" Shares of Egyptian largest listed builder, Orascom Construction Industries (OCI) dipped 0.13 percent to last trade at 133.2...

19. Egypt indexes declined more than 1%
(News/ Business)

...ults) ... it is normal that traders take some profit" Wafik Dawood from Naeem Brokerage said in recent years both Orascom Construction Industries and Orascom Telecom have pulled back on the day ...

20. OCI to supply Brazil with fertilizers
(News/ Business)

The biggest publicly traded builder in Egypt, Orascom Construction Industries (OCI) reported that it signed an agreement with Brazil-based Group Fertipar to supply and import granular urea fertilizer

21. OCI net profit up 230%, Telecom Egypt 10%
(News/ Business)

Egyptian largest listed builder, Orascom Construction Industries (OCI) net profit for 2008 jumped 230 percent to $719.8 million, according to a statement by Orascom Construction Industries on Mo

22. Egypt OT extends rise on profit hopes
(News/ Business)

...h-quarter profit far below the expectations of EFG-Hermes, Egypt's largest investment bank, on lower sales. Shares of Orascom Construction Industries, Egypt's largest builder, rose 2.36 percent to 1...

23. Egypt main indexes up 1 pct
(News/ Business)

...yramids Capital. Traders said investors were speculating about the size of the developer's expected dividend. Orascom Construction Industries (OCI) (OCIC.CA)(OCICq.L) gained 1.04 percent to ...

24. Egypt Bourse to rise following global markets
(News/ Business)

... Egypt's main stock index jumped over 2.5 percent on Wednesday, following global markets higher, with strong gains in Orascom Construction Industries Shares in heavyweight Orascom Constructio...

25. Egypt index up, OT buyback plan help
(News/ Business)

... to rise. The GDRs were trading at $19.59 by 1330 GMT on Thursday. The next most heavily traded stock by turnover was Orascom Construction Industries, which gained 1.11 percent to 103.6 pounds. ...

26. Egypt Bourse has little change by OT, CIB
(News/ Business)

...rcent rise in 2008 net profit, and its shares fell 4.87 percent to last trade at 33.40 pounds. Market heavyweight Orascom Construction Industries gained 2.12 percent to 103.50 pounds, while Tele...

27. Egypt Bourse tumble to fresh year low
(News/ Business)

Egypt's main stock index ended 1.9 percent lower on Tuesday to hit a fresh year low, but a late session recovery by heavyweight Orascom Construction Industries (OCI) trimmed market declines, deale

28. Egypt bourse main index recoiled
(News/ Business)

Egyptian Stock Exchange reported Sunday that Egypt's main stock index recoiled, with market heavyweight Orascom Construction Industries (OCI) providing selling impetus by shedding more than 5 pe

29. Egypt bourse CASE30 index trudged higher
(News/ Business)

...cent to 6.05 pounds. Pioneers is one of six firms due to join the CASE 30 index on Feb. 1. But market heavyweight Orascom Construction Industries (OCI), the session's most heavily traded share, ...

30. Egypt Bourse raises, telecom, banking lead
(News/ Business)

... period", adding that "people are moving the stock up on expectations of a good result for the end of last year." Orascom Construction Industries extended gains, jumping 5.24 percent to 107.60 p...