The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX …
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Lafarge
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Indices news
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax Authority over …
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EGX
EGX 30 Crosses 5300 Level Amid OCI Tax Settlement Optimisms; Closing
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 3 billion powered by investors’ …
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Indices news
Orascom Construction Sees Tax Settlement Agreement This Week
by Yomna Yasserby Yomna YasserOmar Derwaza – Head of Investor Relations at Orascom Construction Industries – announced that the ongoing negotiations …
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Indices news
Orascom Construction Offers US$350 Mln First Installment For Egypt Tax
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCIC.CA) is offering to pay US$ 350 million as a first installment seeking to …
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Indices news
Sarie Eldin: No Updates On OCI’s Tax File, DAMAC Awaits Final Agreement
by Yomna Yasserby Yomna YasserDr. Hani Sarie Eldin – the legal counsel for Orascom Construction Industries (OCIC.CA), has asserted that negotiations between OCI and …
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In a week which witnessed another round of talks over the US$4.8 billion loan between the Egyptian …
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Indices news
OCI Tax Debacle in Egypt Stokes Concern Over Who Might Be Next
by Yomna Yasserby Yomna YasserEgypt’s decision to go after its biggest publicly traded company on a tax-evasion claim is deterring investors …
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Indices news
OCI Says Still In Talks With Egypt Tax Authority; Trading Resumed
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCIC.CA) stated that negotiations with Egyptian Tax Authority (ETA) are still ongoing, adding that …
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The Egyptian Exchange’s management has decided to suspend the trading on the stocks of Orascom Construction Industries …