cairo
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Africa
Four Global Firms Shortlisted for Egypt’s $2 Billion Industrial Project
Cairo, Egypt — Anchorage Investments, which develops, implements, and operates industrial projects in the chemicals and blue hydrogen sectors, has shortlisted four international contractors in the second phase of the EPC (engineering, procurement, and construction) tender for the Anchor Benitoite project. The USD 2 billion project comprises a chemicals complex that will be built in the industrial zone of the…
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Africa
Mubarak allies cleared of corruption charges
Egyptian court has acquitted the two sons of former President Hosni Mubarak, and his last prime minister, Ahmed Shafiq, of charges of embezzlement. Mr Shafiq, who has been living in the United Arab Emirates since losing the presidential election to Mohammed Morsi in 2012, was tried in absentia. Gamal and Alaa Mubarak have faced a series of trials since their…
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