May 10 2012

Egypt’s Orascom wins $363 million power contract in Iraq

By Khayoun Saleh Azzaman, May 10, 2012 The government has approved a $363 million contract with Egypt’s Orascom for the construction of a new power plant in northern Iraq. Orascom Construction Industries has several contracts in the country and is one of few foreign firms which are heavily involved in Iraq’s post-war reconstruction despite security [...]