Orascom Construction recorded a consolidated backlog of $7.6 billion in 2024.

Orascom Construction and Técnicas Reunidas have signed a $2.6 billion engineering, procurement, and construction (EPC) contract to build the 3 GW Qurayyah IPP expansion project in Saudi Arabia’s eastern province.

Orascom Construction will build the new ‘Campus 2026’ in line with expansion plans at The American University in Cairo (AUC)

Orascom Industrial Parks is intending to invest EGP 7 billion over 10 years to develop the industrial zone in Ain Sokhna.

Orascom Construction PLC has announced the commencement of commercial operations for 306 MW at the expanded 650 MW 25-year Build-Own-Operate (BOO) wind farm in Ras Ghareb.

Orascom Construction declared cash dividends amounting to EGP 11.20 per share for the first nine months of 2024

Orascom Construction is targeting to reduce its business in Egypt to 50% of its total work volume by the end of 2025.

Orascom Construction Plc has incurred a consolidated net loss attributable to the owners of the company of $9.4 million in the first nine months of 2024, compared to $66.6 million in net profits during the same period last year.

Orascom Construction has reported a consolidated backlog of $8 billion as of September 30th, 2024.

Orascom Construction Plc (ORAS) posted an 84.74% year-on-year (YoY) decline in consolidated profit during the first half (H1) of 2024.

Orascom Construction has reported a consolidated backlog of $7.7 billion as of June 30th, 2024, as per an emailed financial statement to Arab Finance.

Orascom Construction Plc has decided to disburse EGP 9.69 per share in cash dividends for 2023 on August 21st.

Abu Dhabi Ports Group (AD Ports) has signed a memorandum of understanding (MoU) with Egypt-based Transmar and Orascom Construction to mull the possibility of establishing a green methanol storage and export facility in Egypt.

Orascom Construction Plc reported a consolidated backlog, excluding BESIX, of $7.3 billion in the first quarter (Q1) of 2024, up 33.1% year on year (YoY).

Orascom Construction Plc reported a consolidated backlog, excluding BESIX, of $8.1 billion for 2023, growing by 45.7% year on year (YoY).

Orascom Construction Plc (ORAS) has greenlit the distribution of cash dividends worth EGP 5.88 per share to shareholders for the first 9 months of 2023

Orascom Construction Plc posted a consolidated backlog, excluding BESIX, of $6.961 billion for the first nine months of 2023, up by 14.1% year on year (YoY).

Orascom Construction PLC has signed two contracts with the National Authority for Tunnels (NAT) to build major transportation projects.

An Egyptian government committee is currently studying two separate offers submitted by consortium of Orascom Construction Plc and Norway’s Scatec to implement wind energy production projects in Egypt until 2029.

Orascom Construction Plc is a leading engineering and construction contractor based in the UAE, primarily focusing on infrastructure, industrial, and high-end commercial projects in the Middle East, Africa, and the US.