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Billionaire Nassef Sawiris' OCI NV is boosting investment in Egypt after the company was told it no longer had to pay billions of pounds as part of a tax settlement.The Egyptian court Tuesday overturned a 7 billion pound ($979 million) tax settlement Orascom Construction reached in April of last year with the government. The company hasn't decided whether to pursue the 2.5 billion pounds that it has already paid as part of the tax settlement, Sawiris said.Sawiris relocated Orascom Construction to Holland from Egypt last year through a buyout by OCI, an entity he helped set up amid the dispute with Morsi's regime.
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