Business
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Economy
9/7/2011 10:53:40 AM
Real estate firm claims to have reached a settlement scrapping the two-year jail sentence handed to its chairman Samih Sawiris last month
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Business
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Economy
9/6/2011 8:26:09 PM
A tender offer on Olympic Group and exchange on Commercial International Bank and Telecom Egypt sustained the market on Tuesday
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Business
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Economy
8/29/2011 12:07:04 PM
Orascom Development Holding lodged an appeal and have begun discussions to counter the charges, including stock price manipulation, against their chairman in Egypt, Samih Sawiris
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Business
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Economy
8/28/2011 4:29:52 PM
A surprisingly minor drop for OHD, after the executive chairman, Samih Sawiris, is sentenced for manipulating stock prices and providing incorrect financial data
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Business
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Economy
8/28/2011 10:17:08 AM
Samih Sawiris, executive chairman of Orascom Development Holding was sentenced to two years in prison for manipulating the firm's stock price and providing incorrect financial data
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Business
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Economy
8/24/2011 4:51:49 PM
A recovering Libya could spark a resurgent demand for Egyptian labour and rebuild a strong, reliable market for the country's products, say economic experts
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Business
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Economy
8/24/2011 1:29:45 PM
Notwithstanding Egypt's revolution, the project at the Shal Hasheesh resort has reservations worth $20 million with cancellations at a modest six per cent
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Business
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Economy
8/18/2011 5:15:06 PM
Big shares maintained their prices and drove the main index up, but smaller cap stocks were unable to save the EGX70 from dipping
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Business
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Economy
8/17/2011 5:27:40 PM
Iraq has received bids by three foreign companies, including Egypt's Orascom Construction Industries, to build a 1,014 megawatt gas power plant north of Baghdad
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Business
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Economy
8/17/2011 10:59:06 AM
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Business
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Economy
8/16/2011 12:39:15 PM
Swiss-listed Orascom Development posted a net loss of 13.7 million Swiss francs (nearly LE105 million) in the wake of the revolution
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Business
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Economy
8/11/2011 1:10:36 PM
A recent upswing in revenues for Orascom was countered by hefty taxes on its Tunisian unit sale, putting the Egyptian global communications firm $58.8 million in the red
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Business
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Economy
8/1/2011 11:10:12 AM
Brokerage drops target by 21 per cent following the mobile firm's disappointing second quarter losses
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Business
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Economy
7/29/2011 5:35:59 PM
The World Bank's private-sector lending arm would make a $50 million equity investment in Egypt's Orascom Construction Industries in addition it will lend $200 million to Egyptian Fertilizer Co, a subsidiary of OCI
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Business
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Economy
7/22/2011 3:01:16 PM
Econet Burundi's mobile phone subscribers rose by 140 per cent to 600,000 in July year-on-year, on back of rapid growth in the expansion of the network's coverage and better technology
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Business
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Economy
7/15/2011 10:15:59 AM
Real estate firm famous for its luxury resorts nominates Gerhard Niesslein as new head, with Samih Sawiris remaining as executive chairman
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Business
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Economy
7/6/2011 12:52:53 PM
Egypt's biggest listed company says it will complete wide range of civil, mechanical and electrical works in the Kingdom within two years
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Business
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Economy
7/4/2011 2:43:00 PM
Orascom Construction Industries says the World Bank's International Finance Corporation is considering debt and equity investments in the company
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Egypt
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Politics
7/3/2011 5:04:32 PM
The inhabitants of Dueiqa, evacuated for taking over land they're claiming a right to, are clashing with security forces
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Business
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Economy
6/29/2011 12:04:05 PM
Firm buys back shares at a price 40 per cent higher than during the last buyback programme in April
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