Middle East Economic Survey
VOL. LIII
No 5
1-Feb-2010
EGYPT
North Africas Largest Project Financing Eyes Finishing Line
North Africas largest project financing for the $3.5bn upgrading of the Egyptian Refinery Companys (ERCs) Musturud refinery has the finishing line in sight after being slowed to a crawl by the global financial crisis. The deal, which has metamorphosed considerably to enable it to attract sufficient funds in an environment characterized by reduced global bank...
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