Orascom Construction Plc - Company Profile
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Orascom Construction Plc (Orascom Construction) is an engineering and construction company. It focuses on infrastructure, industrial, and high-end commercial projects. It offers services in engineering, procurement, and construction (EPC) across various sectors, including energy, water treatment, and transportation. The company offers its services under brands such as The Weitz Company and Contrack Watts in the US, and Besix, and Orascom Construction. Its services cater to both public and private sector clients, supporting industries such as healthcare, data centers, and industrial parks. The company has presence in the Middle East, Africa, and North America. Orascom Construction is headquartered in Dubai, the UAE.
Headquarters
United Arab Emirates
Address
Office 301-3, Level 3, Gate Village 1, D, Dubai
Website
www.orascom.com
Telephone
971 43 180900
No of Employees
21,198
Industry
Construction
Ticker Symbol & Exchange
ORAS (CAI)
Revenue (2024)
$3.3B
-3.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-25.6%
(2024 vs 2023)
Market Cap*
$2.7B
Net Profit Margin (2024)
XYZ
-22.9%
(2024 vs 2023)
* As of and is in US$
Orascom Construction Plc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Engineering | Orascom Construction |
| Concessions and Investment | WEITZ |
| Construction | BESIX |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In September, the company announced its plans to merge with OCI Global. |
| 2025 | Corporate Changes/Expansions | In April, the company announced the commencement of commercial operations for 500 MW at its newly expanded 650 MW Build-Own-Operate wind farm in Ras Ghareb, Egypt. This development is a significant advancement in the company's strategy to enhance its renewable energy and concessions portfolios. |
| 2025 | Contracts/Agreements | In March, the company in a joint venture with Tecnicas Reunidas entered into an engineering, procurement and construction contract with Hajr Two Electricity Company to develop the Qurayyah IPP Expansion Project in Saudi Arabia. |
Competitor Comparison
| Key Parameters | Orascom Construction Plc | Kiewit Corp | Ludan Engineering Co Ltd | Drake & Scull International | The Arab Contractors Osman Ahmed Osman & Co |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | United States of America | Israel | United Arab Emirates | Egypt |
| City | Dubai | Omaha | Petah Tikva | Dubai | Cairo |
| State/Province | Dubai | Nebraska | - | Dubai | Cairo |
| No. of Employees | 21,198 | 31,800 | 1,171 | 8,710 | 59,000 |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Osama Bishai | Chief Executive Officer; Director | Executive Board | 2015 | - |
| Reham El Beltagy | Chief Financial Officer | Senior Management | 2020 | - |
| Jerome Guiraud | Chairman | Non Executive Board | 2023 | - |
| Maged Abadir | Chief Operating Officer | Senior Management | - | - |
| Shane Bauer | Chief Operating Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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