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Orascom Construction PLC (OC; Egyptian Arabic: اوراسكوم للإنشاء والصناعه) is an engineering, procurement and construction (EPC) contractor based in Cairo, Egypt. The company was Egypt's first multinational corporation and stands at the core of the Orascom Group companies.
Contracts for building the second and third lines were planned to be signed by Siemens in March 2022; the 8.1 billion euro contract was signed on May 31, 2022, between the Egyptian government and Siemens (and its consortium partners Orascom Construction and The Arab Contractors), and includes the construction of the second and third line as ...
Naguib Sawiris is also investor in a highly influential Egyptian independent newspaper Almasry Alyoum and the owner of TV interests, most notably in OTV (Orascom Television). [ 8 ] On 20 July 2018, it was announced that Nassef Sawiris was to become a major shareholder of historic English football club Aston Villa F.C. , through the investment ...
Construction of the third segment is planned, and further lines have been proposed. On 12 March 2018, Egyptian Transport Minister Hisham Arafat said that Egypt was in the process of launching a new high-speed railway linking the Mediterranean and the Red Sea in partnership with more than 10 international companies.
Construction Status Total area Developer Notes Renders Alamein Iconic tower [1] [2] Hotel, Office and Residential 250 m (820 ft) 250 m (820 ft) 68 2021 Under Construction NUCA Alamein's tallest Tower Downtown Tower A [1] [2] Residential Tower 200 m (656 ft) 200 m (656 ft) 56 2021 Under Construction NUCA Downtown Tower B [1] [2] Residential Tower
Orascom Construction were the main contractor, Design Review and Construction Supervision by ACE Consulting Engineers (Moharram and Bakhoum), Owner and Project Management EAAF. The stadium was completed in late 2023, and hosted the Egypt national football team training camp before the 2023 Africa Cup of Nations.
Anacapa Advisors, a $60.5 million hedge fund that moved into new, larger offices in Pacific Palisades only weeks before the fires, saw that building burn to the ground as the Palisades Fire, the ...
Haram City is a major affordable housing project being developed in Egypt by Orascom Development in 6th of October City. Construction of the project began in May 2007, [1] and as of summer 2010 there are around 25,000 residents. By its scheduled completion in 2012, it will house 400,000 residents.