Orascom construction, led by Egypt’s richest family, sees Q2 profits triple
Orascom Construction is a leading global engineering and construction contractor.
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Orascom Construction is a leading global engineering and construction contractor.
Established in 1950 by the late Egyptian businessman Onsi Sawiris, Orascom Construction is majority-owned by the Sawiris family.
This divestment is part of Orascom’s strategy to extract value across its assets for allocation to growth and value-accretive areas.
Orascom Construction is 51.8 percent owned by the Sawiris family.
Orascom Construction is majority-owned by the Sawiris family through their private investment vehicle OS Private Trust Company.
Orascom Construction is a Cairo-based multinational engineering and construction firm.
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Ora Developers is a real estate operator and joint stock company.
Through OS Private Trust Company, the billionaire Sawiris family owns 51.8 percent of the Egypt-based contractor.
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
The billionaire Sawiris family owns 51.8 percent of Orascom Construction.
Sawiris owns 28.97 percent of Orascom Construction.
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
The billionaire Sawiris family controls 51.8 percent of the Egypt-based contractor through OS Private Trust Company.
The project will be developed at a cost of $203.7 million.
The move comes in the wake of a water crisis that has left Egypt and its neighbors struggling.