SectionEgypt overview
Orascom Construction (ORAS)
Engineering and construction contractor in the Middle East, Africa and the United States.
TickerORAS
ExchangeEGX
SectorIndustrials
CurrencyEGP
About Orascom Construction
Orascom Construction is one of the largest engineering and construction contractors in the Middle East and Africa. It builds infrastructure, industrial and commercial projects, and operates in the United States through The Weitz Company.
The group also owns a large stake in BESIX, a major Belgian construction group, and holds investments in infrastructure assets and building materials. Its shares are listed in both Dubai and Cairo.
The company's backlog of contracts, the mix between Egypt and international work, and payments from government clients are the main things investors track.