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Oriental Weavers’s consolidated profits plunge 11% YoY in 9 months

Oriental Weavers Carpets (ORWE) posted a 10.99% year-on-year (YoY) decrease in consolidated profits attributable to the parent company for the first nine months of 2025, according to the financial statements filed to the Egyptian Exchange (EGX) on November 16th.

Updated 11/16/2025 10:55:00 AM
Oriental Weavers carpets GEM’s Inauguration Ceremony

Oriental Weavers has contributed to the major Inauguration Ceremony of the Grand Egyptian Museum (GEM) by carpeting over 40,000 square meters with luxurious, Egyptian-made carpets.

Updated 11/3/2025 2:18:00 PM
Oriental Weavers Carpets logs 16.36% YoY lower consolidated profits in H1 2025

Oriental Weavers Carpets registered consolidated net profits after tax attributable to the owners amounting to EGP 1.043 billion during the first half (H1) of 2025

Updated 8/13/2025 1:55:00 AM
Oriental Weavers opens OW Haptech store in New Cairo

Oriental Weavers has opened the OW Haptech Store in Mivida, New Cairo, introducing a retail space that combines digital tools with physical interaction in the carpet shopping experience.

Updated 7/2/2025 9:29:00 AM
Oriental Weavers posts 19.8% YoY surge in Q1 2025 consolidated profits

Oriental Weavers Carpets reported a 19.8% year-on-year (YoY) growth in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2025.

Updated 5/18/2025 10:55:00 AM
Oriental Weavers launches EGP 50M new polyester yarn dyeing unit

Oriental Weavers has launched a new polyester yarn dyeing unit at Oriental Weavers International, in the 10th of Ramadan area, with EGP 50 million in total investments.

Updated 5/15/2025 10:15:00 AM
Oriental Weavers recognized as 2024 Largest Exporter at Explolink Exporter Day

Oriental Weavers was recognized as the Largest Exporter of the Year 2024 and Largest Exporter to Each Continent Separately in the home furnishings sector at Expolink’s Annual Exporter Day.

Updated 4/30/2025 2:05:00 PM
Oriental Weavers Carpets announces EGP 1B dividends for 2024

Oriental Weavers Carpets approved the distribution of cash dividends of EGP 1.064 billion or EGP 1.60 per share for 2024

Updated 4/8/2025 10:36:00 AM
Oriental Weavers Carpets logs 26% YoY higher consolidated profits in 2024

The consolidated net profits attributable to the parent company of Oriental Weavers Carpets surged by 25.97% year-on-year (YoY) to EGP 2.192 billion in 2024

Updated 2/27/2025 10:36:00 AM
Oriental Weavers unveils new industrial wastewater treatment plant expansion

Oriental Weavers has inaugurated its new expansion of the at the group's spinning factory, which features four consecutive treatment stages and has a capacity of 1,250 cubic meters per day.

Updated 1/8/2025 11:24:00 AM
El-Wazir spotlights textile industry during visit to Oriental Weavers headquarters

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir has visited Oriental Weavers’ headquarters in the 10th of Ramadan City.

Updated 12/10/2024 2:48:00 PM
Oriental Weavers showcases 2025 collection at Egypt Market Week

Oriental Weavers concluded its annual Egypt Market Week event under the theme "Innovation Rooted in Heritage" at its headquarters.

Updated 11/25/2024 7:10:00 PM
Oriental Weavers’s consolidated profits soar 43.69% YoY in 9 months

Oriental Weavers Carpets (ORWE) posted a 43.69% year-on-year (YoY) increase in consolidated profits attributable to the parent company for the first nine months of 2024.

Updated 11/17/2024 9:26:00 AM
Oriental Weavers, Gemini Africa collaborate to launch “Weavers of Tomorrow” Program

Oriental Weavers has joined forces with Gemini Africa to launch the “Weavers of Tomorrow” program.

Updated 11/7/2024 3:04:00 PM
Oriental Weavers awarded Largest Exporters in Home Textiles by GOEIC

Oriental Weavers has won the title of "Largest Exporters in Home Textiles" by the General Organization for Export and Import Control (GOEIC) in its first annual forum in Cairo, marking the 50th anniversary of its establishment.

Updated 9/26/2024 3:44:00 PM
IRSC to install 2.5 MW solar plant at Oriental Weavers’ factory

Oriental Weavers has contracted with the Integrated Renewable & Sustainable Communities (IRSC), a sustainable infrastructure developer, to install a 2.5-megawatt (MW) solar power plant at one of the former’s factories in the 10th of Ramadan City, with total investments of $1.5 million.

Updated 9/12/2024 7:55:00 AM
Oriental Weavers wins 3 awards at International Business Magazine Awards 2024

Oriental Weavers has solidified its status as a global leader in the textile industry by winning three prestigious awards at the International Business Magazine Awards 2024.

Updated 8/28/2024 12:39:00 PM
Oriental Weavers' consolidated profit surges 78.2% YoY in H1

Oriental Weavers Carpets (ORWE) posted a 78.2% year-on-year (YoY) increase in consolidated profit attributable to the parent company for the first half (H1) of 2024.

Updated 8/14/2024 9:18:00 AM
Oriental Weavers named among Forbes Middle East’s list of top 50 EGX-listed companies

Oriental Weavers was named one of the Top 50 Listed Companies in Egypt by Forbes Middle East.

Updated 7/2/2024 3:36:00 AM
Oriental Weavers sees 4% YoY consolidated profit uptick in Q1 2024

Oriental Weavers Carpets (ORWE) posted a 4.1% year-on-year (YoY) increase in consolidated net profits attributable to the parent company in the first quarter (Q1) of 2024, recording EGP 427.418 million.

Updated 5/28/2024 11:13:00 AM