Tuesday 09/December/2025 – 09:54 AM
Board of Directors approved Orascom Construction on the proposed merger with OCI Global, in preparation for presenting the deal to shareholders for their approval, and the Extraordinary General Assembly is scheduled to be called to convene during January 2026.
The potential merger aims to create an infrastructure and investment platform based in Abu Dhabi, thus enhancing the expansion of the infrastructure sector globally, and this announcement comes in addition to the disclosure issued on September 22, 2025.
Infrastructure projects
The share swap ratio was set at 0.4634 shares in the combined company for every fully paid share in OCI, and the merger is expected to contribute to combining the executive capabilities and experience of Orascom Construction in infrastructure projects with the capabilities of the OCI Global investment platform and its experience in completing deals.
Nassef Sawiris will chair the board of directors of the merged entity in his capacity as non-executive chairman, provided that the formation of the board of directors and executive management will be announced later before closing the deal.
The new entity will bear the name Orascom, and includes three main sectors: Orascom Infrastructure – Orascom Construction – Orascom Capital.
