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FINANCIAL NEWS
UAE Orascom sings USD 200mn deals for industrial projects
06 Mar 2016
(MENAFN) Orascom Construction signed deals for three industrial projects in Egypt and Algeria value a combined USD 200mn.
Furthermore, the two other contracts, value USD 180mn are both in Algeria, while one is for the construction of a greenfield cement plant.
Additionally, the other one covers infrastructure work for a new industrial project, and these new contracts build on its substantial track record in Algeria.
The West Nile Delta project is a USD 12bn scheme which will see 5tr cubic feet of gas and 55mn barrels of condensate extracted.
More News
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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
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