Orascom Construction to list on Abu Dhabi Exchange on Sept. 11

Orascom Construction to list on Abu Dhabi Exchange on Sept. 11

Orascom Construction, a leading construction and engineering company, has announced plans to transfer its primary listing from the Egyptian Exchange (EGX) to the Abu Dhabi Exchange (ADX) on September 11, 2025. This move is part of the company's strategy to expand its regional footprint and enhance its market presence.

The company's decision to list on ADX is backed by its strong performance in the region. Orascom Construction's consolidated backlog reached $9.6 billion in the first half of 2025, supported by its robust regional operations in real estate and infrastructure projects [1]. Additionally, the company's consolidated profits exceeded $27 million in the first quarter of 2025, reflecting its strong financial performance [1].

The company's listing on ADX will also facilitate its partnership with Técnicas Reunidas to build a 3-GW power plant in Saudi Arabia, as part of its efforts to diversify its business portfolio and expand into new markets [1]. Furthermore, Orascom Construction's consortium has begun commercial operations at the region's largest wind farm, a 306 MW project, demonstrating its commitment to sustainable energy solutions [1].

This strategic move comes at a time when the Middle East is experiencing significant growth in infrastructure and construction projects. By listing on ADX, Orascom Construction aims to tap into the growing opportunities in the region and strengthen its market position.

References:

[1] https://english.mubasher.info/markets/EGX/stocks/ORAS