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9/1/25, 10:00 AM Egypt’s Orascom Construction to list shares on Abu Dhabi's ADX | The National
Egypt’s Orascom Construction to list shares on Abu

Dhabi's ADX

Company to set up operations at ADGM after delisting from Nasdaq Dubai

Fareed Rahman
August 31, 2025

Egypt’s Orascom Construction is planning to list its shares on the Abu Dhabi Securities Exchange

(ADX) next month after delisting from Nasdaq Dubai as economic momentum fuels listings in the UAE.

Orascom’s shares will trade under the symbol ORAS on ADX from September 11, the company said.

It will also transfer its incorporation from Dubai International Financial Centre to the Abu Dhabi Global

Market after its new listing.

However, the company’s secondary listing on the Egyptian Exchange (EGX) will remain unchanged.

“The company’s shares held on Nasdaq Dubai at the time of suspension of trading will be transferred
to ADX,” Orascom said in a regulatory filing to the ADX.

"The opening price [of the company's shares] on ADX will be set at the last closing price on EGX on

September 10 and converted into AED [dirhams] using the exchange rate published by the Central
Bank of the UAE on the same date."

Orascom Construction is a contractor primarily focused on infrastructure, industrial and high-end
commercial projects in the Middle East, Africa and the US. It also owns 50 per cent of Besix Group, a
company specialising in construction, infrastructure and marine works.

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