KM Financial Solutions | UPDATE 1-Egypt in $500 million settlement with Israel Electric Corp -statement
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UPDATE 1-Egypt in $500 million settlement with Israel Electric Corp -statement

UPDATE 1-Egypt in $500 million settlement with Israel Electric Corp -statement

Egypt has signed a $500 million
settlement with state-owned Israel Electric Corp over
a defunct natural gas deal, the Egyptian General Petroleum
Corporation (EGPC) and Egyptian Natural Gas (EGAS) said in a
statement on Sunday.

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