Emaar signs EGP 800 mn contract with OCI

CORRECTION- Emaar’s contract with Orascom Construction Industries (OCI) for the construction of the Marassi marina basin is worth EGP 800 mn, and not EGP 800 bn as we mistakenly wrote in Thursday, 11 January’s issue. We apologize for the mixup. The entry has been corrected on our website. H/t Mounir S.