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Orascom acquitted of Egyptian tax evasion claims

Reuters – Orascom Construction has been cleared by an Egyptian public prosecutor of all tax evasion claims related to the sale of a building seven years ago to French peer Lafarge in Egypt, Orascom’s Dutch parent OCI said on Tuesday. Orascom, a subsidiary of chemicals and engineering company OCI, asked the prosecutor to clear the company’s name following …

Daily News Egypt

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