Tag: OCI Global

Egyptian billionaire Nassef Sawiris.
BusinessBillionaires

Egyptian billionaire Nassef Sawiris takes majority control of OCI Global  

Nassef Sawiris OCI Global stake rises above 55% as the Egyptian billionaire moves closer to taking the chemical firm private.

Timilehin Adejumobi Timilehin Adejumobi
Oceanwood
BusinessHot News

OCI Global weighs $4.7 cash offer as Orascom deal standoff deepens

OCI Global reviews NNS’ €4.1 ($4.7) cash bid as Orascom deal stalls, offering shareholders a potential exit amid governance dispute.

Feyisayo Ajayi Feyisayo Ajayi
Oceanwood
BusinessHot News

OCI Global advances portfolio reset as divestments accelerate amid strong cash position

OCI Global accelerates asset sales, strengthens balance sheet, and shifts to net cash amid ongoing portfolio restructuring in Q1 2026.

Feyisayo Ajayi Feyisayo Ajayi
OCI Global strategic overhaul
BusinessHot News

OCI generates $11.9 billion in strategic overhaul, returns $7 billion to shareholders

OCI generates $11.9 billion from asset sales, returning $7 billion to shareholders amid strategic overhaul and global energy volatility.

Feyisayo Ajayi Feyisayo Ajayi