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Technip in $2.9bn deal to upgrade Egypt refineriesTechnip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of $2.9 billion with Egypt-based companies for upgrades of two refineries in the North African country. More… |
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Orascom halts $1bn tax payment to EgyptOrascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday. More… |
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Orascom halts $1bn tax payment to EgyptOrascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday. More… |
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Egypt govt aims to rely less on local banksEgypt is looking at ways to reduce its dependence on borrowing from local banks because it is a burden on the economy, the finance minister said on Sunday. The government, grappling with an economic slowdown and rising costs after a popula More… |
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Egypt govt, opposition to set up reform panelThe government and opposition groups in Egypt have agreed to set up a committee to study constitutional reform after days of protests demanding President Hosni Mubarak's ouster, the BBC reported. The move followed talks between ne More… |
