The Egyptian Electricity Transmission Company (EETC) signed an agreement with Korra Energi and High Dam Electrical & Industrial Projects Co. (HIDELECO) for the third phase of the Orascom-Hawamdeya power line,
Updated 7/20/2026 3:11:00 PM
Orascom Construction noted that the long-stop date for meeting certain conditions related to the proposed combination with OCI Global N.V (OCI) has been extended to December 30th, 2026
Updated 7/8/2026 10:04:00 AM
Sustainable Capital Africa Alpha Fund has reduced its stake in Orascom Construction PLC after selling 51,000 shares in a transaction valued at approximately EGP 40.39 million.
Updated 6/29/2026 10:56:00 AM
Cyprus-based NNS Holding, owned by Egyptian billionaire Nassef Sawiris, plans to launch a voluntary all-cash public offer for all issued and outstanding shares of OCI Global N.V. at an offer price of €4.10 with a dividend per share.
Updated 6/25/2026 11:48:00 AM
Trojan Construction Holding and Orascom Construction signed an agreement to establish Everwater for Treatment Systems, a 50:50 joint company headquartered in Abu Dhabi, focused on delivering engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) services for water infrastructure projects across the region.
Updated 5/18/2026 10:03:00 AM
Orascom Construction PLC reported a consolidated backlog of $9.4 billion as of March 31st, 2026, while its pro forma backlog, including its 50% share in Belgium-based construction group BESIX, reached $13.1 billion.
Updated 5/14/2026 9:17:00 AM
NNS City (Cyprus) Ltd acquired 33.8 million shares in Orascom Construction PLC from NNS Holding (Cyprus) Limited as part of an internal reorganization within the NNS Group.
Updated 5/10/2026 10:05:00 AM
Arab Finance: NNC City increased its stake in Orascom Construction to 12.70% from 11.68%.
Updated 4/16/2026 10:31:00 AM
Orascom Construction (ORAS) reported a consolidated backlog of $9 billion and net income attributable to shareholders of $194.8 million in 2025.
Updated 3/31/2026 8:57:00 AM
Orascom Construction PLC (ORAS) has signed a power purchase agreement (PPA), in consortium with Aeolus and ENGIE, with the Egyptian Electricity Transmission Company (EETC) to develop a 900-megawatt (MW) wind farm near Ras Shokeir in the Gulf of Suez, Egypt.
Updated 3/24/2026 9:06:00 AM
Net profits attributable to shareholders of Orascom Construction hiked by 65.3% to $195 million in 2025 from $118 million in 2024.
Updated 2/12/2026 9:31:00 AM
Orascom Construction said its shareholders have approved a series of special resolutions related to the acquisition of the entire share capital of its wholly owned subsidiary OCI N.V. (OCI), as part of a transaction that will result in OCI being merged into the company.
Updated 1/25/2026 8:37:00 AM
A Dutch court has suspended the planned merger between Amsterdam-listed chemicals producer OCI and Dubai-listed construction company Orascom Construction PLC, citing concerns over minority shareholder rights in both companies, which are controlled by Egyptian businessman Nassef Sawiris.
Updated 1/21/2026 12:19:00 PM
Orascom Construction PLC said it has reached an agreement with OCI Global for a proposed combination that will create an Abu Dhabi-anchored infrastructure and investment platform.
Updated 12/9/2025 9:12:00 AM
Orascom Construction reported a consolidated backlog of $8.6 billion as of September 30th, 2025, with pro forma backlog including its 50% share in BESIX rising to $12.9 billion, reflecting strong project activity and sustained demand across key markets.
Updated 11/16/2025 8:54:00 AM
Orascom Construction PLC announced the completion of its transfer of incorporation from the Dubai International Financial Center (DIFC) to the Abu Dhabi Global Market (ADGM).
Updated 11/4/2025 9:45:00 AMWeitz Company, a subsidiary of Orascom Construction, is acting as general contractor for the highly anticipated Four Seasons Resort and Residences Telluride development in the US.
Updated 10/27/2025 8:24:00 AMOrascom Construction has awarded full scholarships to three Egyptian students under the Onsi Sawiris Scholarship Program
Updated 10/22/2025 10:07:00 AM
OCI Global and Orascom Construction PLC are in talks over a possible merger that would create an infrastructure and investment platform headquartered in Abu Dhabi with international operations.
Updated 9/22/2025 8:12:00 AM
Orascom Construction shares jumped nearly 45% in their Abu Dhabi Securities Exchange (ADX) debut on Wednesday, September 11th, driven by strong investor demand.
Updated 9/11/2025 11:45:00 AM