A new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian …
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International Petroleum Investment Company
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Egypt’s Palm Hills Developments and UAE’s Aabar Investments announced Tuesday the formation of the largest Private Joint …
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Industry & Trade
Orascom Construction: Banks offer $1.95 billion for Egypt Power Station
by Yomna Yasserby Yomna YasserOrascom Construction intends to raise US$1.95 billion in syndicated loans which will be used for the $3 …
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Industry & Trade
OCI-IPIC Alliance inks MoU with Egypt for Coal-fired Power Plant
by Salma Aymanby Salma AymanOrascom Construction, the Engineering & Construction Group wholly owned by OCI N.V., and the UAE’s International Petroleum …
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Industry & Trade
Nassef Sawiris: Egypt Economy Needs EGP200bn Annual Investments
by Yomna Yasserby Yomna YasserEgypt needs to allure investments worth 200 billion Egyptian pounds (around $28 billion) per year to revive …
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In a week, Egypt’s stock Exchange (EGX) gained 15.3 billion Egyptian pounds. In addition, the country’s main …
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EGX
OCI N.V. Plans Dual Listing in Egypt, UAE for Construction Business
by Yomna Yasserby Yomna YasserOrascom Construction Industries’ parent company OCI N.V. reveals today its plans for a dual listing of its …
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Industry & Trade
Orascom Construction Industries, UAE’s IPIC to Develop Power Plant in Egypt
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCI) is planning to jointly built a coal-fired power plant in Egypt in partnership …
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alizz islamic bank, which is opening its RO40 million initial public offering on September 22, will get …
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Abu Dhabi’s International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with mandated lead …