News Archive

  • OCI Comments on Statements from Egyptian Tax Authority and Reiterates Strong Position on Tax Case

    March 8 2013

    OCI N.V.’s subsidiary, Orascom Construction Industries (OCI), in response to yesterday’s statement from the Egyptian Tax Authority (ETA), reiterated its strong position on the alleged tax claim further undermining any allegations of tax evasion.

  • OCI to Discuss Alleged Tax Claim with Egyptian Tax Authority

    March 6 2013

    OCI N.V.’s subsidiary, Orascom Construction Industries (OCI), announced today that it has received notification from the Egyptian Tax Authority (ETA) to discuss the alleged tax claim against the Company on Sunday 10 March, 2013.

  • OCI Comments on Recent Statements from Sources in the Egyptian Government

    March 3 2013

    OCI N.V.’s subsidiary Orascom Construction Industries (OCI), in response to articles published by several websites commenting on recent statements from several identified and unidentified sources within the Egyptian government, confirmed that it has received no formal notification about a travel ban on its current Chairman and Chief Executive Officer Nassef Sawiris and former Chairman Onsi Sawiris pending confirmation of allegations of tax evasion in Egypt.

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