Orascom Construction Industries

Work to start on Mall of Egypt scheme next month
Developer to commence $800m project as it reveals 24% growth in market
Profits fall at Orascom
Firm also reports lower backlog but confident of position in tax probe
Orascom starts work on $1.4bn US fertiliser plant
Egyptian contractor begins work after receiving $1.2bn in cheap loans
Orascom achieves safety milestone at Borouge plant
15.5 million working hours without accident at Ruwais petrochemicals
Orascom/Besix JV wins $400m Egyptian Mall contract
Majid Al Futtaim Properties' Mall of Egypt scheme to create 9,000 jobs
Orascom split plans approved by regulator
Firm says it is confident demerger will conclude by fourth quarter
Orascom's net income in second quarter slump
Egypt's biggest listed firm sees revenue fall by 28% to $119.4m
Iraq signs $363m power plant with Egypt's Orascom
Complex to pump out over 1,000 MW of power by 21 months time

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Construction Week - Issue 767
Sep 01, 2020