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The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

Cash management poll 2008:

Cash management poll 2008:

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Thursday, July 3, 2008

Egypt's BESIX, France's Alstom win USD 400mn contract for UAE transit system.





Egypt's BESIX, France's Alstom win USD 400mn contract for UAE transit system. Egypt's construction company BESIX, half-owned by Egypt 's Orascom Construction Industries, won a USD 400mn contract along with France 's Alstom to design and construct the USD 1.2bn Al Safooh Transit System in Dubai , Orascom said in a statement. BESIX's share of the contract amounts to USD 175mn while Alstom share amounted to USD 225mn. Upon completion, the transit system will link Madinat Jumeirah, Mall of the Emirates, Dubai Marina and Jumeirah Beach Residence in Dubai .







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