The shares of Orascom Conscresson in Abu Dhabi reveal a blatant price gap with Cairo
The share of “Orascom Construction” jumped by more than 65% at the beginning of its trading in the Abu Dhabi Financial Market, after the company transferred its most important inclusion of the neighboring Nasdak Dubai Stock Exchange, which was combined with the active performance of the market, which expanded the difference with the Egyptian Stock Exchange. The Abu Dhabi Financial Market wants to attract companies to include in the market with the aim of expanding the basis of investors and improving market deepening, within the efforts of the emirates in general to diversify the economy of oil. The most important market index has risen almost 6% since the beginning of this year. The company is listed in a double manner on the stock exchanges in Cairo and Abu Dhabi. “Orascom” explained in a previous statement that the determination of the opening price of trade in the Abu Dhabi Securities market will be based on the last closing price on the Egyptian Stock Exchange on September 10, 2025, and it will be transferred by the Stock Exchange by the United Arab Emirates Bank on the same date. At the Egypt Stock Exchange, the company’s share at the beginning of its trade increased by more than 4%. The included in them, as the arrow is traded at 45 dirhams in Abu Dhabi, while trading in the Egypt stock exchange at 399 pounds, equivalent to 30.4 dirhams, according to the data of the two markets. In which Bloomberg reported in 2023 that NasseF Sawiris, the founder, who has a 42% stake of the company, transfer the family’s investment office to Abu Dhabi, to participate in the flurry of the works executed by a number of the most prominent investors in the UAE capital. Many infrastructure projects, industrial and commercial in the Middle East, AfriFa and the United States, as well as evaluating and investing in infrastructure crops, and has a 50% stake in the ‘Beesx’ group, and these are a number of subsidiaries of the building materials, facilities and equipment services, according to information. Orascom scored two billion in the second quarter in August, the company announced revenue of $ 1.1 billion, with a 60% growth in the second quarter of 2025, and a $ 57.6 million shareholders, an 198% increase in the same period in the same period. A central water treatment facility and a network for the transport and distribution of treated water.