OPES Capital Inc Private Clients

OPES Capital Inc Private Clients

Orascom Construction Industries (OCI) announced today that the br br International Finance Corporation (IFC), a br member of the World Bank Group, will provide a US$ 100 million loan br br to Orascom Construction (OC), the br Company’s wholly-owned construction subsidiary. The loan will be used br br to finance the operations of the company br as well as ongoing and new projects.br Salman Butt, Chief Financial Officer of OCI, commented, "securing this br br loan will provide Orascom Constructionbr with the necessary capital to expand its operations across the region. We br br are pleased with the IFC’s continued br commitment to the company as well as the country and look forward to br br further developing our longstanding br relationship in the future.


User: russellois

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Uploaded: 2012-07-30

Duration: 00:18

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