VOL. XLVI
No 31
04-August-2003
EGYPT
ENERGY FINANCE
EIB Studies $200Mn Investment In Egyptian Oil And Gas Projects
The European Investment Bank (EIB) is studying a plan to invest $200mn in Egyptian oil and gas projects and is establishing a company Tharwa as a partner for potential investments in Egypt for oil and gas exploration and pipeline construction. The company is being set up in accordance with Egyptian laws to encourage investment and has an authorized capital of $300mn, $100mn of which...
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