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...Orascom sold off its cement business to Lafarge in 2007 in a €10.2bn deal under which Sawiris gained a sizeable stake in the French group as well as two board seats.The Orascom assets sold in the deal included...
...A series of tall, inverted pyramids that reach the ceiling flank the sides of the grand staircase and were one of the most challenging elements of the design, according to Besix-Orascom Construction, the...
...Sawiris’s father Onsi started a construction business in Egypt in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction....
...But the French company, which inherited the asset when it bought Egyptian construction group Orascom in 2008 and has since merged with Swiss rival Holcim, kept a stake until 2017 and would regularly send...
...The lead sponsors this year are Vodafone, Microsoft, BCG, GM, Infinity Power, EgyptAir, Bloomberg Philanthropies, Afreximbank and Orascom....
...Orascom is Sawiris’s family company, which he chairs....
...Lafarge acquired the Jalabiya plant in 2007 from Egyptian cement company Orascom and Min Ajl Suriya, a Syrian company owned by Firas Tlass, a prominent Syrian businessman....
...Jefferies; Evolva raised to “hold” at Berenberg; Vicat raised to “hold” at Kepler Cheuvreux; Wacker Chemie downgraded to “hold” at Berenberg; Ascencio rated new “buy” at Kepler; Informa rated new “buy” at UBS; Orascom...
...A decade ago, Eric Olsen, a Lafarge veteran then responsible for human resources, led the integration into the French construction group of Orascom, an Egyptian cement company with operations across the...
...The Lafarge plant near Syria’s border with Turkey was acquired in 2007 from Egyptian cement company Orascom and Min Ajl Suriya (MAS), a Syrian company owned by business tycoon Firas Tlass....
...It was acquired in 2015 by Orascom, Telecom Media & Technology which is controlled by the Sawiris family....
...did on soda and beer combined (WSJ) Caught in the pavement: “A decade ago, Eric Olsen, a Lafarge veteran then responsible for human resources, led the integration into the French construction group of Orascom...
...In March 2013 his brother Nassef — a tycoon in his own right and the chairman of Orascom Construction Industries, a global construction and fertiliser conglomerate — was slapped with a tax bill and fines...
...Existing shareholders will receive one Orascom construction share for every two OCI shares....
...Lafarge’s €9bn purchase of Egypt’s Orascom in 2008 made the Middle East and Africa division its largest profit contributor, at 38 per cent of the total....
...His other career milestones were the integration of Orascom, the Middle Eastern cement company, which was bought by Lafarge in 2007 as well as helping to organise the reorganisation of the group in 2012....
...In 2008 he led the acquisition of Orascom Cement, the leading Middle East cement group owned by Nassef Sawiris, the Egyptian businessman who is also Lafarge’s second largest shareholder....
...The French-American Mr Olsen, who worked on the integration of Orascom, the Middle Eastern cement company which Lafarge bought in 2007, has been doing the rounds of investors, a process which Mr Lafont says...
...The company is the second African construction group in two years to list on Euronext after Egypt’s Orascom Construction Industries moved its listing from Cairo to Amsterdam in 2013....
...Mr Sawiris’s holdings in Egypt had contracted sharply over the past four years after he merged his company Orascom Telecom with VimpelCom of Russia....
...Sawiris, chief executive of Orascom Development Holding, was invited by an acquaintance, the former Swiss ambassador to Cairo, to advise on the possibility of reigniting Andermatt’s early promise as a ski...
...Before Mr Sawiris merged his telecoms empire with VimpelCom of Russia in 2011, his company, Orascom Telecom, operated mobile phone networks across the Middle East, Africa and Asia....
...These include the resort developments of Lustica Bay, where Orascom, the Egyptian telecom and construction conglomerate, will invest €1.1b by 2018; Porto Montenegro, where a Peter Munk-led consortium has...
...Three of the bourse’s main blue-chip companies – Orascom Construction Industries (OCI), Mobinil and National Société Générale Bank – have recently moved out of the market, leaving only residual shares....
...At Lustica Bay, the Egyptian developer Orascom has begun work on a development of two marinas, seven hotels, a golf course and hundreds of villas, town houses and apartments....
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