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Algeria Signs $468Mn Contract With Hyflux To Build ‘World’s Largest’ Desalination Plant
...d Sonelgaz, is worth an estimated $468mn and covers the construction and financing of the plant, as well as the buying and selling of the desalinated water. At the signing ceremony, Algeria’s Minister of Energy and Mines Chakib Khelil said that when completed in 2011, the plant would provide for th...
Volume: 51Issue: 28Published at Mon, 14 Jul 2008 -
Egypt Announces Record Budget For 2008-09
...vernment, according to the report, confirmed its intention to pursue its policy of reducing the ratio of budget deficit to GDP to 3% by 2011-12, but has projected a ratio of 6.7% in 2008-09. At the same time the 2008-09 budget has allocated some E£215bn ($40.2bn) for “social spending”, an increase of...
Volume: 51Issue: 28Published at Mon, 14 Jul 2008