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Correction: Royal Ceramica is targeting exports to Africa, but not investing in Morocco
CORRECTION- Contrary to a report in the domestic press that we noted in yesterday’s edition, Royal Ceramica is not pursuing…
Construction
Egypt-Saudi interconnection project to hit a milestone in June
Saudis to launch Egypt-Saudi interconnection tender in June: The Saudi government will issue in June a new tender for its…
Hill International wins consultancy to work on megaprojects Taj City and Sarai
US consultancy Hill International announced on Tuesday it has been awarded the contract to provide project management services to Madinet…
Redcon seeks EGP 1.7 bn loan to finance construction projects
Construction company Redcon has opened talks with local banks to get an EGP 1.7 bn revolving loan to finance development…
Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot
A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh…
CSCEC lays groundwork for tallest building in Africa
China State Construction Engineering Company (CSCEC) has begun laying the essential groundwork for the 385-m skyscraper set to be “Africa’s…
El Attal plans to go public on Egypt’s exchange next year
IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed…
OC consortium to complete 250 MW wind farm in Ras Gharib two months ahead of schedule
A consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation is on track to complete a 250 MW…
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