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Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex
The project will process more than 500k cbm of seawater per day
Orascom Construction sells chemicals subsidiary for EGP 1.8 bn
OC plans to allocate the proceeds to “growth and value-accretive areas”
THIS EVENING: OC divests construction chemicals subsidiary to Switzerland’s Sika
Good afternoon, friends. It’s nearly the end of this very busy week, which we’re looking forward to more than most…
500-MW Gulf of Suez wind farm signs financial agreement
The consortium behind the project reached financial close on Monday
Gulf of Suez wind farm reaches financial close
Project expected to come online in 3Q 2025
EFG Hermes and Orascom Construction report higher revenues in 2022
Investment bank and non-bank lending sees strong growth
Sawiris partners with local, Emirati players to redevelop Morocco hotel
Samih Sawiris is leading the redevelopment in Morocco of the Mogador resort in Essaouira, Morocco, in a drive worth as…
NGE on board to lay Sokhna-Alex high-speed rail link
France’s NGE to build Sokhna-Alexandria section of high-speed rail: French construction firm NGE and its subsidiary TSO have signed a…
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