الرئيسية / بنوك وبورصة / ORASCOM begins trading on Abu Dhabi securities exchange

ORASCOM begins trading on Abu Dhabi securities exchange

فريق رجال الأعمال بنوك وبورصة 11 September 2025 05:13 PM
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ORASCOM begins trading on Abu Dhabi securities exchange

Orascom Construction PLC (ADX and EGX: ORAS) announced today that its shares have begun trading on the Abu Dhabi Securities Exchange (ADX).

Shareholders approved all extraordinary resolutions at an Extraordinary General Assembly meeting held on August 12, 2025. These resolutions included the transfer of the company's primary listing from Nasdaq Dubai to the ADX and the relocation of the company from the Dubai International Financial Centre (DIFC) to the Abu Dhabi Global Market (ADGM).

The company's secondary listing on the Egyptian Exchange (EGX) remains unaffected, resulting in a dual listing on both the ADX and the EGX.

"We are pleased to begin trading on the Abu Dhabi Securities Exchange today," said Osama Bishai, CEO of Orascom Construction. "We are active in the construction and infrastructure investment sectors in Abu Dhabi and look forward to adding to our track record of executing major projects and investments in our global markets for both new and existing shareholders. This represents a step in our restructuring to expand our construction business and increase our infrastructure investments. Our focus remains on delivering long-term returns for shareholders, which enhances our position to execute our growth strategy."

"The listing of Orascom Construction is a qualitative addition that deepens the market and opens new horizons for investors to participate in the next phase of development," said Abdulla Salem Alnuaimi, CEO of the ADX Group. "By listing a leading company in the infrastructure sector, we are expanding the investment options available, particularly products related to long-term infrastructure and energy needs. This step complements the range of products offered by listed companies and the market’s 12 sectors, which include financial services, healthcare, technology, real estate, and energy, among others."

"This diversity reflects the strength of the listed companies, which recorded the highest profitability among GCC markets during the first half of 2025," Alnuaimi added. "Net profits increased to 88 billion dirhams, a 15.6% rise from the same period last year. The market will continue its commitment to meeting investor expectations and reinforcing Abu Dhabi's position as a global financial hub."