Egyptian billionaire Nassef Sawiris is considering taking part of his construction business public in Cairo, according to …
tax claims
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Russia’s Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake …
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Industry & Trade
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserThe decision to refer Orascom Construction Industries (OCI) – which is owned by Egyptian business tycoon Nassef …
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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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The foreign selling pressures have driven the Egyptian Exchange (EGX) to end this week incurring losses of …
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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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The Egyptian Exchange (EGX) has ended Monday’s session posting gains of EGP 1.17 billion backed by local …
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The Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 1.7 billion backed by local …
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The Egyptian Exchange has posted gains of EGP 1.68 billion during the midday session of Sunday backed …