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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)

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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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