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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
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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