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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.
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 ...
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In 1997, Orascom Telecom Holding (OTH) was established as a separate entity to consolidate the telecommunications and technology interests of the Orascom group of companies established in 1976. [4] Founded in 1998 as part of the Orascom company, it became the largest cellular operator in the Middle East in only five years.
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. [2]
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Transworld Associates was incorporated as a private company in Pakistan in October 1980. It was a subsidiary of Orascom Investment Holdings (OIH) S.A.E. In January 2022, OIH divested its shareholding to Orastar Limited. As of September 2023, Orastar Limited holds 90% shareholding in the company with the remaining 10% owned by the OMZEST Group. [3]
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