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Egypt’s Orascom Construction releases 3Q2018 results
EARNINGS WATCH- Construction giant Orascom Construction announced overnight (pdf) like-for-like net income of USD 69.1 mn in 3Q2018 (up more…
Construction
Egypt’s NPPA nominates 200 local companies to participate in Dabaa project
The Nuclear Power Plants Authority (NPPA) has nominated 200 local companies to supply Russia’s Rosatom with components for the latter’s…
CONSTEC inks EGP 430 mn agreement with SODIC
Construction and Design (CONSTEC) was awarded contracts worth EGP 430 mn for construction works on SODIC’s projects in the North…
French VINCI-led consortium bids to construct Cairo Metro’s Line 3 airport route
A French consortium led by France’s VINCI has officially presented its bid in a tender to construct the third part…
ACWA, Hassan Allam to sell electricity to gov’t at USD 0.018/kwh from Luxor plant
The Electricity Ministry, Saudi’s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated…
Qalaa to sell its stake in Zahana to Algeria’s CIGA by 1Q2019
Qalaa Holdings has signed an MoU to sell its stake in Algerian cement company Zahana to Algeria’s state-owned Groupe Industriel…
OC adds USD 520 mn in new awards to its 3Q2018 backlog, with 60% coming from Egypt
Orascom Construction (OC) added USD 520 mn in new awards to its 3Q2018 backlog, the company said in a statement…
ACWA, Hassan Allam ink PPA for USD 2.3 bn power plant
INVESTMENT WATCH- ACWA, Hassan Allam sign PPA for USD 2.3 bn power plant: The Egyptian Electricity Transmission Company has signed…
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