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Latest in Tag: contract

Egypt draft law bars third-party challenges to contracts

Reuters – Egypt’s draft investment law contains provisions to prevent third parties from challenging contracts made between the government and an investor, a cabinet source said on Monday, a move designed to attract badly needed investment. The clauses are intended to reassure investors unnerved by previous legal challenges to such deals, some of which have …

Daily News Egypt

Iran to unveil revised oil, gas contract model soon

Reuters – Iran said on Friday it would soon unveil a more attractive model of contract aimed at persuading international energy companies to invest in its huge though underdeveloped, oil and gas reserves. Ali Majedi, deputy oil minister in charge of international affairs, told his ministry’s Shana news agency that the government would soon complete …

Daily News Egypt

Ministry of Electricity finalises contracts for new power station in Banha

By Salah El-Monoufy The Yokogawa Company won a supply and installation contract for information control and transfer systems for the Banha electricity project worth EGP 10 million. A coalition of Japanese companies including Hitachi and Toyota won a supply and installation contract for mechanical systems for the project same projectworth EGP 165.5million. An Italian company, …

Daily News Egypt

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