Orascom Construction Industries

Orascom Construction Industries latest

A member of Egypt's richest family, Sawiris is chairman of Orascom Development Holding, which operates tourist resorts and real estate projects in Egypt and Europe. (Wikimedia Commons)

February 23rd, 2017 - 11:00 GMT

Egypt's currency devaluation a success, but investment will take time: Sawiris

Egyptian billionaire Samih Sawiris says that the country's currency flotation has increased the appetite for investments in Egypt, but economic recovery will take time.

Orascom Construction Industries denies it evaded Egyptian government tax (Image used for illustrative purposes)

March 5th, 2013 - 10:12 GMT

Denials over tax evasion case in Egypt

Egyptian stocks remain wary of the second anniversary of the fall of Hosni Mubarak

February 12th, 2013 - 09:14 GMT

Egyptian bourse stumbles on anniversary fears

Egyptian stocks looked upbeat depsite planned rallies in the days ahead

February 11th, 2013 - 09:09 GMT

Egyptian stocks look healthy on the back of investment

The main EGX30 index fell 2.01 per cent to sit at 5,495 points. Its gains since the beginning of the year dropped to just 0.6 per cent.

January 30th, 2013 - 05:29 GMT

Exodus of foreign investors drives Egypt stocks down

Clashes in several governorates caused the Egyptian stock market to tumble yesterday

January 29th, 2013 - 03:00 GMT

Clashes in Egypt continue to hurt stock market

The Egyptian stock market hit a five-month high in daily turnover yesterday

January 24th, 2013 - 11:40 GMT

Egyptian stocks hit five-month high

Egyptian stocks were uneven yesterday ahead of a period of political uncertainty

January 23rd, 2013 - 04:00 GMT

Egyptian stocks uneven ahead of anti-government rally

Egyptian stocks did well on Sunday after a volatile week

January 21st, 2013 - 04:00 GMT

Egyptian stocks respond well after uneven week

Egyptian stocks suffered on news of the rail disaster in which 19 people died

January 16th, 2013 - 04:00 GMT

Egyptian stocks suffer on rail crash

Egyptian stocks responded well to the possibility of reconciliation of Mubarak-era financial corruption

January 15th, 2013 - 04:00 GMT

Egyptian stocks respond well to talk of possible "reconciliation"

The Egyptian stock market responded well to the new IMF talks

January 9th, 2013 - 08:08 GMT

Egyptian stocks respond well to IMF visit

The Egyptian bourse slipped on Sunday but remained unaffected by a cabinet reshuffle

January 7th, 2013 - 11:22 GMT