Orascom is looking for opportunities in Iraq and Algeria



Follow-up to the balance of T. News - Orascom said the UAE's construction made by the Dubai-based, on Tuesday, she is looking for new opportunities in Algeria and Iraq markets.

It said in a statement that it "occurred during the second quarter, new contracts for a number of projects in the field of the transport sector in Egypt, including the establishment of airports, roads and bridges, as well as a new giant project to build two power plants card with a total production capacity of 9600 MW, and the value of 1.78 billion dollars."

She pointed out that "the two stations will be their inception in alliance with the German company Siemens, and when Aktmalhma will be the" largest "project in the world in the field of electricity."

He added that "the company's total projects under implementation in Egypt, Saudi Arabia and the United States totaled $ 7.19 billion, during the first half of this year, an increase of 51 percent annual comparing".

She added that she "got a new business in Saudi Arabia during the second quarter of this year, and it is currently seeking to get more opportunities, either independently or through a partnership with the Bin Laden Group Arabia" .anthy 29 / d 25


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