Founded in 1950, Orascom Construction secured $3 billion in new awards in 2024, with $1.5 billion across the Middle East and Africa, including projects like the Suez Canal Container Terminal expansion, the Grand Egyptian Museum’s walkway to the pyramids, and road networks in Egypt. As of December 2024, its consolidated backlog reached $7.6 billion. The company, in partnership with Técnicas Reunidas, signed a $2.6 billion EPC contract in March 2025 to build a 3GW combined cycle gas power plant in Saudi Arabia. Orascom Construction is dual-listed on Nasdaq Dubai and the Egyptian Exchange, with the Sawiris family holding 54.9% as of April 2025.