Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l'Economiste newspaper reported on Friday.
March 24, 2012 3:43
Orascom Telecom Media and Technology said on Sunday it was in talks with France Telecom over a potential change in ownership structure at Egyptian joint venture Mobinil, hours after shares in both Orascom and Mobinil were suspended.
February 13, 2012 2:11
Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to Russia's Vimpelcom.
February 7, 2012 3:27
Egyptian group Orascom Development and local real estate firm Madinet Nasr Housing scrapped an agreement to cooperate in developing the Tigan real estate project, Orascom said on Monday.
January 16, 2012 12:24
Chairman Khaled Bichara is due to step down at yearend. Orascom has recently reported a net loss of $975 million for Q3 from a profit a year earlier.
November 14, 2011 1:26
Egyptian Resorts says missed 2011 sales target; Firm in talks with gov't to settle dispute on contested land; Strong domestic demand, fundamentals will help economy-CEO
October 27, 2011 11:35
Egyptian group Orascom Telecom's Bangladesh unit will pay 19.8 billion taka ($263 million) over three years in spectrum and licence renewal fees, it said on Monday.
September 27, 2011 11:24
Real estate and hotels firm Orascom Development (ODH) said on Wednesday it had reached a settlement with Egypt's financial market watchdog that effectively scraps a jail sentence handed down to its chairman last month.
September 7, 2011 11:48
Firms risk losing more land, paying higher compensation; Strong balance sheets key through crisis; Analysts favour SODIC, Amer, smaller property firms; Cairo commercial property looks relatively strong
May 18, 2011 3:10
The deal will not lead to mergers at the operational level-says official.
February 7, 2011 9:58
Says could be in arbitration in Q2 2011; Says expects advisors to be chosen Nov 24.
November 20, 2010 3:27
Telco’s Orascom and MTN see shares rise on Djezzy subsidiary sale news
May 28, 2010 9:16
Stock markets in Qatar, Kuwait and Egypt posted steep declines Sunday, on fears over the spread of Greek debt crisis.
May 10, 2010 8:17