Tuesday 31 March 2015
 
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Orascom Construction

Orascom Construction set for Egypt trading

Shares in Egypt's Orascom Construction (OC) will start trading on the Cairo stock market on Wednesday, the Egyptian Exchange said on Tuesday. The bourse, which had earlier in the day said it was still undecided on the date, sa

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Orascom Construction eyes funding for Egypt power plant

Leading engineering and building group Orascom Construction said it is in talks with leading banks in the region to finance the first phase of a $5-billion coal-fired power plant in Egypt. Last November, Orascom Construction had announc

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Orascom Construction shares rise after Nasdaq Dubai listing

Shares in Egypt's Orascom Construction (OC) started trading at $14.70 as they listed on Nasdaq Dubai on Monday, well above the initial public offer price of $14.25. The stock then rose further to $14.75, though trading volume

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Orascom Construction offers 11pc of shares in IPO

Orascom Construction plans to offer 11 per cent of its shares on the Cairo bourse to raise E£1.41 billion ($185 million). The company is being spun off from Amsterdam-listed OCI NV, which will retain its fertiliser and chemi

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Orascom Construction to list on Dubai, Egypt exchanges

Orascom Construction, a leading global engineering and construction contractor, after a demerger from Netherlands-based OCI NV, a global producer of fertilisers, will be listed on Nasdaq Dubai and Egyptian Exchange (EGX), a report said.

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Orascom Construction to list on Dubai, Egypt exchanges

Orascom Construction, a leading global engineering and construction contractor, after a demerger from Netherlands-based OCI NV, a global producer of fertilisers, will be listed on Nasdaq Dubai and Egyptian Exchange (EGX), a report said.

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Orascom halts $1bn tax payment to Egypt

Orascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday.

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Orascom halts $1bn tax payment to Egypt

Orascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday.

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Orascom wins approval for shares buyout

The Dutch-listed parent of Egypt’s Orascom Construction Industries said it has received regulatory approvals to buy out other shareholders in the Egyptian subsidiary in a tender offer that begins on Thursday (June 27). OCI N

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OCI to sell Gavilon stake for $605m

Egypt's Orascom Construction Industries (OCI) said on Tuesday it had agreed to sell its 16.8 per cent stake in US grains merchant Gavilon to Japanese trading house Marubeni for $605 million. 'The transaction is expected to close by

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