Egypt's Orascom Construction Q2 net falls to $26.4 mln

Reuters , Wednesday 24 Aug 2016

Orascom
People walk past the Sawiris Towers where the Middle Eastern telecommunications headquarters of Orascom Telecom is located in Cairo September 18, 2011 (Reuters)

Egypt's Orascom Construction reported a 25 percent fall in second quarter net income to $26.4 million on Wednesday.

The engineering and building business, which is dual listed in Cairo and Dubai, reported a 0.7 percent rise in revenue to $1.024 billion. 

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