South Korea’s LG Chem Wins Egypt Desalination Plant Supply Deal
Tuesday, 13th June 2017
LG Chem, a South Korean company principally engaged in the manufacture of petrochemical materials, says it has been signed up by the UAE-based Metito as the sole supplier of reverse osmosis (RO) membranes for the upcoming seawater desalination plant that the global water treatment company is building in Port Said in Egypt, TradeArabia reports.
EBRD Approves Deal Worth USD 500 mn to Fund Renewable Projects in Egypt
Monday, 12th June 2017
The European Bank for Reconstruction and Development (EBRD) approves on June 7 an agreement worth USD 500 mn to finance renewable energy projects in Egypt, Invest-Gate reports.
Amer, Porto Ink Deal with Tharwa Capital to Issue Bonds
Sunday, 4th June 2017
Egyptian real estate developers Amer Group Holding and Porto Group sign an agreement with Egyptian financial investment and advisory firm Tharwa Capital to issue securitization bonds for their real estate portfolios amounting to EGP 233 mn and EGP 48 mn respectively, Invest-Gate reports.