China State Construction Engineering Corporation (CSCEC) will build a mixed-use complex in the southern region of New Alamein planned to be a tourist attraction, cabinet spokesman Nader Saad said, according to Al Mal. CSCEC, the world’s largest construction outfit by revenue, is also investing USD 3 bn in the new capital’s business district.
More from Enterprise
FM Abdelatty pitches SCZone to Brazilian and Indian investors
Plus: CIB gears up to launch digital bank Yomo in…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…