OC JV awarded USD 180 mn contract to expand Fujairah airport: Orascom Construction (OC) announced that its joint venture with Al Sahraa Group has been awarded a contract for the expansion of Fujairah International Airport in the UAE. The contract is worth USD 180 mn approximately and OC’s share of the venture is 60%. “The project’s scope encompasses the main infrastructure works for the airport expansion, including a new air traffic control tower, the extension of the existing runway, a new emergency runway, rapid exit taxiways and the airport special systems.”
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…