Latest news
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OCI Reports 29.3% Growth in EBITDA and 13.9% Rise in Net Income for FY 2011
Consolidated revenues increased 7.0% to US$ 1,410.4 million (EGP 8,955.8 million) versus US$ 1,318.3 million (EGP 7,574.6 million) in Q4 2010.
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Iraqi Cabinet Approves $363 M Contract with OCI
Iraqi Cabinet Approves US$ 363 million Contract with OCI to Build a 1,000 MW Gas Turbine Power Plant in Baiji, Iraq.
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OCI wins award for Egyptian Grand Museum
Egypt's Orascom Construction Industries (OCI) said on Tuesday it has won an $810 million contract for work on the Egyptian Grand Museum.
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Orascom named developer for $93m Egyptian project
UAE-based developer Burooj Properties has inked a deal with Orascom to build its $93m Village Garden Katameya project in Egypt.
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OCI JV Awarded US$ 300 Million Assiut Barrage
OCI-VINCI-Arab Contractors Joint Venture Awarded US$ 300 Million Civil Works Package for the New Barrage and 32 MW Hydropower Plant in Assiut.
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Orascom Construction 3Q Net Up 30% on Fertilizer Price Gains
Net income climbed to 1.09 bn EGP from 839.7 million pounds a year earlier, the Cairo- based company said in a statement on its website today.
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OCI awarded L.E 700 m works package for KIMA fertilizer complex
Orascom Construction to execute civil, electromechanical and erection works for Egyptian Chemical Industries Company (KIMA) in Aswan, Egypt.
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EBX and OCI Planning to Develop Fertilizer Complex
The fertilizer complex is expected to have up to 3 million tons of annual capacity producing a diversified portfolio of nitrogen-based fertilizers.
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OCI Awarded US$ 450 Million Worth of Infrastructure Work in Saudi Arabia
OCI announced today that its Saudi Arabian incorporated subsidiary, was awarded infrastructure work valued at US$ 450 million.
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OCI Welcomes Potential US$ 350 Million Debt and Equity Investment by IFC
Orascom Construction Industries (OCI) announced today that the IFC is considering a debt and equity investment package of US$ 350 million.
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IFC mulls investing $350m in OCI
The World Bank's International Finance Corporation (IFC) is considering investments in Orascom Construction Industries worth $350 million.
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Orascom Construction Industries announces annual general meeting
Invitation to the annual general meeting of shareholders scheduled for june 6, 2011 at Nile City South Tower.