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Shares in Orascom suspended over tax dispute

Nassef Sawiris, and his father, former company chairman Onsi Sawiris. In March, the ETA said it had ... (OCI), Egypt’s biggest private construction firm, was suspended on Tuesday. Trading in shares of Orascom Construction Industries (OCI), Egypt’s biggest private construction firm, ...

23/04/2013 - 12:58 - comment 0

Egypt's top construction firm to pay $1 billion in tax evasion dispute

chairman and CEO Nassef Sawiris, and his father, former company chairman Onsi Sawiris. OCI's share ... Orascom Construction Industries (OCI) reaches initial ... private construction firm Orascom Construction Industries (OCI) has initially agreed to pay ...

24/03/2013 - 14:00 - comment 0

How much are Egypt's 15 richest men really worth?

Nassef Sawiris, Egypt’s richest man , is the CEO of Orascom Construction Industries (OCI) and owns ... acquitted OCI of the tax evasion charges. Last month, AhramOnline reported Sawiris was sentenced ... Nassef Sawiris, Egypt’s richest man, is the CEO ...

12/08/2014 - 00:15 - comment 0

Denials over tax evasion case in Egypt

OCI's current chairman and CEO, Nassef Sawiris, along with former company chairman Onsi Sawiris, from ... Industries (OCI), is denying allegations that it evaded government tax. Egypt’s largest listed company, Orascom Construction Industries (OCI) , expressed confidence on Monday about ...

05/03/2013 - 11:31 - comment 0

Evading prison: Sawiris will not face jail time for tax evasion

Industries (OCI) Nassef Sawiris has been “suspended and rendered unenforceable”, the company said ... The imprisonment verdict of Egyptian billionaire and the CEO of Orascom Construction Industries (OCI) Nassef Sawiris has been “suspended and rendered unenforceable”, the company said in an official statement. ...

03/07/2014 - 03:00 - comment 0

Egyptian court upholds jail sentence, $7 million fine against business tycoon Nassef Sawiris

in July, but Sawiris, former CEO of construction and fertilizer producer Orascom Construction Industries, ... appeals court has upheld a previous ruling sentencing construction tycoon Nassef Sawiris to three ... Tax Authority. The original in-absentia ruling had been appealed in July, but Sawiris, former ...

16/09/2014 - 15:52 - comment 0

Egyptian stock market remains unstable two years after revolution

in Egypt, has recently been hit with a travel ban imposed on founder of OCI Onsi Sawiris and company CEO ... decisions such the travel ban on Onsi and Nassef Sawiris will simply lead further investors to exit ... despite the relative low price of shares." Blue-chip stocks Orascom Construction Industries (OCI ...

27/03/2013 - 12:21 - comment 0

OCI posts three percent rise in 1Q02 net income

(14.2 percent).    OCI Chief Executive Officer Nassef Sawiris commented that OCI delivered solid ... Egypt’s Orascom Construction Industries (OCI ... Industries (OCI) announced consolidated revenue of 575.6 million Egyptian pounds ($125.13 million) ...

15/08/2010 - 14:17 - comment 0

An interview with Egypt's richest man, and he certainly has a few unexpected things to say

and Kuwait. OCI (Sawiri's company, editor's note) delisted from Egypt and moved ... Though Nassef Sawiris predicts Egypt’s turbulence ... Sawiris:  I’m quite positive on Egypt. I think we’re going to have a few more months of turbulence until ...

02/05/2014 - 22:45 - comment 0

OCI, Sonatrach to establish greenfield ammonia/urea plant in Algeria

with the new venture. OCI Chief Executive Officer, Nassef Sawiris commented “Algeria is a core market ... Orascom Construction Industries (OCI) announced ... for the establishment of a one million ton per year gr Orascom Construction Industries (OCI ...

15/08/2010 - 10:22 - comment 0