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...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
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...PDT, owned by Canadian asset manager Brookfield, had accused the corporation of seeking to reduce the value of its business through the action, a claim the STDC denied....
...The couple, using their vast wealth — Sukanto’s current net worth is $3.1bn according to Forbes — funded the construction of a village kindergarten and elementary school in an impoverished and remote area...
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...“The activation of these PAFD units is a symptom of the leadership’s concern about the domestic social stability situation,” said Timothy Heath, senior international defence researcher at the Rand Corporation...
...Sawiris’s father Onsi started a construction business in Egypt in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction....
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
...After decades of concentrating production in China and Taiwan, electronic assemblers such as Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to United Microelectronics Corporation,...
...transport minister Peng Ponea has claimed the project will break ground this year, even though a feasibility study launched in October last year by the canal’s developer, state-owned China Road and Bridge Corporation...
...And Intel is far from the only major corporation to be pouring investment — and bringing jobs — to the region....
...“In terms of the construction . . . the sanctions, I don’t think have worked,” said Ben Seligman, a project specialist for Arctic oil and gas development....
...Sunak said the Euston Development Corporation will be set up along the lines of the London Docklands Development Corporation established by Margaret Thatcher’s government in the 1980s....
...But after an outcry from locals, media, and heritage groups, the corporation backtracked to look again at whether it is possible to retain the buildings....
...Zhao Haijun, SMIC’s co- chief executive, said on Friday that “geopolitical factors” were causing “duplication of construction and supply chains”....
...Directors who fail to do so could be found liable for breaching their duty of care and diligence under Australia’s Corporations Act....
...China, the world’s second-largest producer of nuclear power, accounts for almost half the reactors under construction globally....
...Construction Bank and Industrial and Commercial Bank of China....
...The vibe is more Silicon Valley start-up than strait-laced Japanese corporation....
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