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FINANCIAL NEWS
Orascom Construction partners with Palm Hills
25 Nov 2010
(MENAFN) Egypt’s Orascom Construction Industries (OCI) said that it has signed a deal to build infrastructure and other projects for real estate developer Palm Hills over the next two to four years, Reuters reported.
The agreement will see Orascom develop infrastructure in Cairo, Greater Cairo, Ain Sokhna and Egypt’s north coast, and could later include further projects including malls, hotels and office parks.
“Under the agreement, OCI will start three projects — one in the north coast and two at Greater Cairo area — with an expected value exceeding $104.2 million, the company said in a statement.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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