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Orascom Construction signs $146 million Abu Dhabi contract

Egypt's Orascom Construction (OCI) (OCIC.CA) said on Wednesday it signed a $146 million contract in Abu Dhabi with Tecnimont SpA and Samsung Engineering Company (028050.KS) in a joint venture to finish civil works and building projects.

"This award affirms the group's goal of expanding its international operations and its continued strategy to pursue projects in Abu Dhabi," Orascom's Chief Executive Officer Nassef Sawiris said in a statement.

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