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FINANCIAL NEWS
GE signs USD500 m deal with Carbon Holdings
19 Nov 2013
(MENAFN) GE has signed a USD500-million deal with Carbon Holdings to provide technology to the Greenfield naphtha cracker and olefins complex project of Tahrir Petrochemicals in Egypt, according to Arab News.
GE will manage providing equity financing and advanced technologies to the petrochemicals project.
“Egypt is focused on providing a strong and business-friendly environment for investors. In addition to facilitating easy procedures that promote industrial investment, we are also committed to bring advanced technological partnerships that can benefit our youth and all-round economic growth,” said Mounir Fakhry Abdel-Nour, minister of industry and foreign trade.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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