EGP 269.00

USD 6.22

About Us
1. At a Glance
  
  Longstanding Impact
  
  Inspiring, developing and leading towards excellence.
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2. History
  
  Decades of achievements
  
  Orascom Construction PLC is a leading global engineering and construction contractor with a footprint covering the Middle East, Africa and the United States and operations encompassing the infrastructure, industrial and commercial sectors.
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3. Strategy
  
  Our strategy is guided by four key pillars
  
  Aimed at delivering top and bottom line shareholder value led by a commitment to excellence, safety and the environment.
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4. Global Footprint
  
  A comprehensive global footprint
  
  Through the Group's main subsidiaries and 50% stake in the BESIX Group.
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5. Brands
  
  Encompassing a strong and well diverse expertise worldwide
  
  We operate in MENA and the USA through its two operational subsidiaries – Contrack Watts and The Weitz Company, along with a 50% stake in the Belgium based BESIX Group.
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6. Leadership
  
  Our visionary leadership
  
  Inspiring, developing and leading towards excellence.
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Services
1. Construction
  
  A leading global construction group
  
  Concentrating on infrastructure projects worldwide and a driving force behind the development of Egypt’s new cities and mega national projects.
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2. Concessions & Investments
  
  Developing and investing in infrastructure assets
  
  We capitalize on our investment and financing track-record across various sectors, including cement, fertilizers and ports to create new construction opportunities and long-term shareholder returns.
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3. O&M and Facilities Management
  
  A track record in Operations & Maintenance & high quality property management
  
  We have secured a number of multi-year O&M contracts for projects on which the Group is also the contractor. Current O&M contracts span several sectors such water treatment, wastewater treatment, water desalination and transportation. We recognized a gap in the Egyptian market for a high-quality facility management company. To fill this growing need, Orascom construction invested in Contrack FM and Orascom Industrial Parks (Orascom-IP).
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4. Building Materials
  
  A vast portfolio of construction materials
  
  And investment companies complement the Group’s core activities including manufacturers of fabricated steel products, glass curtain walling, paints and concrete pipes as well as an industrial free zone and two facility management companies.
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5. Equipment Services
  
  Equipment Services
  
  Orascom Services
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Projects
Investors
Sustainability
1. Community
  
  Community Engagement
  
  Growing operations means growing responsibilities, which is why we make sure that our social and economic contributions remain active and up to date in surrounding communities
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2. Health & Safety
  
  Core Values
  
  We are responsible for the safety of our employees and are fully committed to providing a safe and unpolluted working environment that meets the most stringent international benchmarks.
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3. Environment
  
  Environment
  
  We are committed to being an environmental steward by implementing the best technology available where applicable to minimize our environmental footprint and promote sustainable business best practices.
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4. Safe Construction Sites
  
  Safe Construction Sites
  
  Each of our construction brands has developed stringent rules and regulations that are implemented and enforced on all projects and tailored to meet the unique environments of the locations in which they operate.
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NewsRoom

full article

Orascom Construction Proposes to Purchase 5.6% of its Own Shares

10 May, 2023

Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it proposes to purchase 6,517,444 of its own shares, representing 5.58% of the Company’s total issued share capital, for USD 3.0 per share.

Following this purchase, the Company will cancel these shares within a period between three and twelve months, and hold these shares as treasury shares until such cancellation occurs.

Shareholders will vote on this proposed transaction at an Annual General Meeting to be held on May 31.

This transaction reiterates the Board and management’s confidence in the Company’s performance and highlights commitment to long-term shareholder returns.