Orascom Investment Holding News - Mubasher Info
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12 May 11:47 PM

Orascom Investment Holding (OIH)

Last update: 01:29 PM market time.
1.54
-0.01
-0.65%
Open 1.54
Previous Close 1.54
High 1.55
Low 1.52
Stock Statistics
Volume 71,251,858
Turnover 109,361,624.00
All data are 15 minutes late during market session

News

The operating revenues increased to EGP 427.27 million
13 September 2021 11:27 AM Orascom Investment Holding turns to loss in H1-21
Cairo – Mubasher: Orascom Investment Holding (OIH) turned to consolidated net losses of EGP 66.55 million in the first half (H1) of 2021, versus net profits of EGP 1.71 million in H1-20, including minority shareholders' rights.  The operating …
Financial Results
The term of the loan is nine years
13 September 2021 10:39 AM NBE inks EGP 311m deal with Orascom to finance sound and light show
Cairo – Mubasher: The National Bank of Egypt (NBE) signed an agreement with Orascom Investment Holding to finance the development of the sound and light show at the Pyramids of Giza.  The EGP 311 million loan is aimed at supporting the tourism …
Banking and Finance
The operating revenues increased to EGP 206.56 million
7 July 2021 11:19 AM Orascom Investment Holding swings to loss in Q1-21
Cairo - Mubasher: Orascom Investment Holding (OIH) turned to net losses of EGP 31.03 million during the first quarter (Q1) of 2021, against net profits of EGP 51.64 million in Q1-20, including minority shareholders' rights.  The operating revenues …
Financial Results
The duration of the contract is 15 years
15 June 2021 05:25 PM Orascom Investment signs EGP 200m deal for Sound and Light shows
Cairo – Mubasher: Orascom Investment Holding penned a contract with Misr Company for Sound and Light and Tourism Development that covers the development and participation in the management of the Sound and Light shows and the show area at the …
Companies Investments
The operating revenues retreated to EGP 730.48 million
31 May 2021 10:52 AM Orascom Investment Holding's loss shrinks 75% in 2020
Cairo – Mubasher: The consolidated net losses of Orascom Investment Holding (OIH) narrowed by 75% year-on-year (YoY) to EGP 103.22 million in 2020, compared to EGP 425.22 million in 2019, including minority shareholders’ rights. The operating …
Financial Results
The board will hold a meeting soon to approve the financial statements
5 May 2021 11:32 AM OIH reveals reason behind delay in filing 2020 financials
Cairo – Mubasher: Orascom Investment Holding (OIH) revealed the reason behind delaying the publication of the financial statements for the year ended 31 December 2020. The delay comes due to the demerger of the company implemented at the end of …
Financial Results
Akil Hamed Bashir was named Non-Executive Chairman
28 April 2021 11:49 AM OIH names new Chairman, approves TWA stake sale
Cairo – Mubasher: The board of directors of Orascom Investment Holding (OIH) approved the resignation of Naguib Sawiris from his position as the Chairman while keeping the position of the CEO and Managing Director. Akil Hamed Bashir has been …
Board of Directors
Trading on the stock has been halted to allow the demerger
17 February 2021 10:49 AM EGX resumes trading on OIH's stock
Cairo – Mubasher: The Egyptian Exchange (EGX) announced the resumption of trading on the stock of Orascom Investment Holding (OIH) as of Wednesday, 17 February, according to a statement. Trading on the shares of the company has been halted since …
Trading Activities
Shares will be listed as of the beginning of Wednesday's trading session
16 February 2021 05:20 PM EGX approves listing shares of OFH, OIH following demerger
Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved the listing of the shares of Orascom Financial Holding (OFH) resulted from the demerger of Orascom Investment Holding (OIH). The shares of OFH will be listed with an …
Corporate Actions
Beltone Securities Brokerage acted as a broker in the transaction.
11 February 2021 05:47 PM Orascom Financial Holding acquires 74.5% of Beltone for EGP 900m
Cairo – Mubasher: Orascom Investment Holding (OIH) sold its entire stake of 74.55% in Beltone Financial Holding. The deal involved the trading of 332.23 million shares at a total value of EGP 900.34 million, averaging EGP 2.71 per share, …
Insider Trading & Treasury Stocks
The deal involved the trading of 350.08 million shares
11 February 2021 04:58 PM Orascom Financial Holding buys 29% stake in Sarwa Capital for EGP 1.6bn
Cairo – Mubasher: Orascom Investment Holding (OIH) sold its entire stake of 29.25% in Sarwa Capital Holding for Financial Investments. The deal involved the trading of 350.08 million shares at a total value of EGP 1.6 billion, averaging EGP 4.58 …
Insider Trading & Treasury Stocks
In October 2020, the company’s shareholders approved the demerger of the company
11 February 2021 04:09 PM Orascom Investment Holding says GDR programme still in force following demerger
Cairo – Mubasher: Orascom Investment Holding said that the global depository receipts (GDRs) programme with The Bank of New York Mellon will remain in force. The price of the GDR may change following the re-trading due to separating its assets and …
Company News
Trading on OIH’s shares was halted to allow the company to spin out assets into OFH
11 February 2021 11:05 AM EGX halts trading on Orascom Investment Holding
Cairo – Mubasher: The Egyptian Exchange (EGX) decided to suspend trading on the stock of Orascom Investment Holding (OIH) as of the beginning of Thursday’s trading session. All offers and orders registered on the company’s shares prior to the …
Trading Activities
OIH’s stock surged by 9.27% to EGP 0.66 at 11:08 a.m.
8 February 2021 01:22 PM OIH's stock rises to highest level in 17M ahead of stock trading suspension
By: Heba El-Kordy  Cairo – Mubasher: The stock of Orascom Investment Holding (OIH) continued its upward trend on Monday, hitting its highest level since September 2019 as trading on the stock will be suspended on Thursday, 11 February. At 11:08 …
Trading Activities
Beltone will receive a of a commission of up to 5% of any closed deal
9 December 2020 00:47 PM Beltone's shareholders approve deals with OIH, Gemini
Cairo – Mubasher: The ordinary general meeting (OGM) of Beltone Financial Holding approved an agreement between its subsidiary companies and Orascom Investment Holding (OIH) and Orascom Financial Holding (OFH). The company agreed to provide …
General Assembly
Beltone Financial Leasing will finance the company with up to EGP 100 million
9 December 2020 00:14 PM OIH approves sale and leaseback deal with Beltone’s unit
Cairo – Mubasher: The extraordinary general meeting (EGM) of Orascom Investment Holding (OIH) approved a sale and leaseback agreement with Beltone Financial Leasing, a subsidiary of Beltone Financial Holding and other financial leasing companies …
Corporate Actions
Revenues fell to EGP 729.28 million in the January-September period
22 November 2020 01:14 PM Orascom Investment Holding's loss shrinks 81% in 9M
Cairo – Mubasher: Orascom Investment Holding (OIH) incurred consolidated net losses of EGP 17.89 million in the first nine months of 2020, down by 80.6% year-on-year (YoY) from EGP 92.4 million, including minority shareholders’ rights. The …
Financial Results
OIH reported net profits of EGP 1.714 million in six months
20 October 2020 00:52 PM OIH reveals proforma financial results of demerged, demerging companies
Cairo – Mubasher: Orascom Investment Holding  (OIH) announced the proforma financial statements of the demerged and demerging companies for 2018 and 2019. The equity rights and liabilities of the demerging company reached EGP 2.18 billion at the …
Financial Results
A new company will be formed under the name of Orascom Financial Holding
20 October 2020 00:08 PM Orascom Investment Holding’s shareholders approve demerger
Cairo – Mubasher: The extraordinary general meeting (EGM) of Orascom Investment Holding (OIH) approved the demerger of the company in accordance with the horizontal demerger method. The demerger process is based on the book value of the company’s …
General Assembly
The company studies listing one financial company only on the EGX
27 September 2020 04:51 PM OIH mulls investment options after demerger
Cairo – Mubasher: Orascom Investment Holding (OIH) said that the demerged and demerging companies are considering all available investment options. The options include investing in the United Bank of Egypt, making Ora Developers under the umbrella …
Companies Investments
The company recorded net profits of EGP 49.78m
14 September 2020 00:04 PM Orascom Investment sees EGP 2m net profits in H1-20
Cairo – Mubasher: The consolidated financial results of Orascom Investment Holding (OIH) showed net profits of EGP 1.714 million in the first half (H1) of 2020, against net losses of EGP 153.46 million in the same half of 2019, including minority …
Financial Results
Orascom Investment achieved net profits of EGP 51.63 million in three months
6 September 2020 05:24 PM FRA approves Orascom Investment’s capital change after demerger
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request to amend the authorised capital of Orascom Investment Holding (OIH) (the demerged company) to EGP 2.5 billion and Orascom Financial Holding (the demerging …
Corporate Actions
Orascom was eyeing a stake in Bawabet Al Sharq Al Qahira Al Guedida
5 August 2020 00:30 PM Orascom Investment announces end of talks with Qatari Diar
Cairo – Mubasher: Orascom Investment Holding (OIH) announced the end of negotiations with Qatari Diar Real Estate Investment Company and Bawabet Al Sharq Misr For Real Estate Development. Orascom was eyeing the acquisition of a stake in Bawabet Al …
Real estate
The nominal value of the demerging company will be EGP 0.11 per share
27 July 2020 01:22 PM Orascom Investment Holding's board proposes demerger
Cairo – Mubasher: The board of directors of Orascom Investment Holding (OIH) recommended a plan to demerge the company horizontally to a specialised entity in various investments and another entity specialised in financial services. The proposal, …
Corporate Actions
The company’s operating revenues slid to EGP 272.17 million
14 July 2020 11:12 AM Orascom Investment turns profitable in Q1-20
Cairo – Mubasher: Orascom Investment Holding (OIH) announced turning to net profits of EGP 51.63 million in the first quarter (Q1) of 2020, against net losses of EGP 78.86 million in the year-ago period, including minority shareholders’ rights. …
Financial Results