The analysts covering Orascom Development Holding AG (VTX:ODHN) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ...
Egypt is banking on a series of mega real estate projects to revitalise its economy. First came the $35bn Ras Al Hekma deal with the UAE’s ADQ to develop a 170-kilometre stretch of prime Mediterranean ...
The Kingdom of Saudi Arabia’s construction sector is experiencing an unprecedented surge to keep up with its ambitious residential, hospitality and commercial initiatives in the march for Vision 2030.
Orascom Construction Ltd., the big, Cairo-based engineering and construction company, says it lost almost $400 million (U.S) in 2015 and that problems, which include cost overruns and a contract ...
Dmitry Medvedev’s visit to Algeria this week has taken on new significance. In a deal set to be announced on Monday, Russia’s second-biggest telecoms company Vimpelcom may buy key assets from Egyptian ...
An Egypt-based construction group is partnering with a Spanish energy infrastructure company to build a 3-GW combined-cycle natural gas-fired power plant in Saudi Arabia. Orascom Construction, ...
Two chief executives of leading mobile phone operators in emerging markets are licking their wounds this morning. MTN of South Africa on Wednesday said it had terminated talks about a possible deal to ...
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