The decision to refer Orascom Construction Industries (OCI) – which is owned by Egyptian business tycoon Nassef …
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Nassef Sawiris
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Industry & Trade
Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserEgyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom Construction …
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Industry & Trade
OCI Reportedly Defaults in Paying EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in paying …
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OCI N.V. (NYSE Euronext: OCI) announced on Friday that Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange …
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Industry & Trade
OCI N.V. Non-Executive BOD to nominate Robert Jan van de Kraats Board Member
by Yomna Yasserby Yomna YasserOCI N.V. announced on Thursday that its Non-Executive Board of Directors will propose the appointment of Mr. …
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Industry & Trade
Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
by Yomna Yasserby Yomna YasserEgypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign …
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Tech news
Sawiris Tells Canada He’s Not Spy; Re-Directs Investment to Egypt
by Yomna Yasserby Yomna YasserSpurned by Canada’s federal government that last week branded his interest in the country’s telecoms sector a …
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Industry & Trade
Egypt Billionaire Nassef Sawiris Ranked 7th Richest in Africa
by Yomna Yasserby Yomna YasserEgyptian billionaire Nassef Sawiris took seventh place in a list of Africa’s richest people in 2013, Ventures …
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Egypt’s bourse is seeking to get OCI N.V. enlisted in order to offset the removal of Orascom …
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Indices news
Orascom Construction Incurs EGP6.2 Loss in 2012 Rattled by EGP7 bln Tax Row
by Yomna Yasserby Yomna YasserOrascom Construction Industries S.A.E. (OCI S.A.E.) (OCIC.CA) reported consolidated financial results posting a net loss of EGP …