Construction giants in dispute over €1.7bn Alexandria metro line

Orascom Construction and Arab Contractors are in dispute over the award of a €1.7bn deal to build a metro line in Egypt's second city. Projects such as this one backed by international financial institutions are vital for Egyptian firms suffering from a dearth of foreign currency. [...] (310 words)
Issue dated 08/03/2023 Reading time 2 minutes

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