Abu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation …
Ipic
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Banks
EXCLUSIVE: Banks offer Multi-billion pounds Loan to Fund Egypt Power Plant
by Yomna Yasserby Yomna YasserA new banking consortium, involving two of Egypt’s biggest public banks, plans to secure a multi-billion Egyptian …
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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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Arab
Orascom rises in NASDAQ Dubai Debut, seeks financing for Egypt Power Plant
by Yomna Yasserby Yomna YasserShares in Orascom Construction rose around three percent on their NASDAQ Dubai market debut on Monday and …
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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 …