VOL. XLVI

No 40

06-October-2003

EGYPT

ENERGY FINANCE

ABC Awarded AFCCO Project Finance Advisory Mandate

Bahrains Arab Banking Corporation (ABC) was appointed on 22 September by Arab Fertilizer and Chemicals Company (AFCCO) of Egypt as an advisor for the nitrogen phosphate potassium (NPK) fertilizer plant project being developed in Egypt by the Joint Arab Investment Corporation (JAICORP) of Abu Dhabi. The $350mn gas based plant, to be located in Western Suez, is the first stage of a planned...