El-Sayed Gamal El-Din
Egypt's Court of Cassation has rejected an appeal by the East Mediterranean Gas Company against a 2016 ruling obliging the company to pay off $174 million in debt to Egypt's National Bank.
The company was founded and previously headed by Mubarak-era business tycoon Hussein Salem.
The court did, however, accept an appeal by Egypt Insurance Company, which was also involved in the case.
The company was founded and previously headed by Mubarak-era business tycoon Hussein Salem.
The court did, however, accept an appeal by Egypt Insurance Company, which was also involved in the case.
