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Infrastructure 
RATP Dev to manage the Salam City-Tenth of Ramadan electric rail
It’s official: French transportation outfit RATP Dev will operate the Salam City-Tenth of Ramadan electric train, after ministers gave the…
What we’re tracking on 27 January 2021
Good morning, wonderful people. We made it through another workweek together — and our reward is a three-day weekend. Banks,…
An acquisition here, a stake sale there …
Suez Cement has sold its 51% stake in Kuwait’s Hilal Cement for EGP 155.8 mn, the company said in a…
Also on our radar on 21 January 2021
Canada’s Bombardier will supply our monorail cars with a little help from the UK government after the country’s export fund…
How regional infrastructure diplomacy is whetting the appetite of Egyptian contractors
How infrastructure diplomacy is whetting the regional appetite of Egyptian contractors: Back in late October, Egypt and Iraq signed a…
2020 was a surprisingly good year for our non-oil trade balance
A slowdown in imports during the pandemic helped narrow Egypt’s non-oil trade deficit by 17% y-o-y in 2020, falling to…
Work on the high-speed electric rail won’t start until the end of the year.
Work on the USD 23 bn high-speed electric rail network will begin towards the end of the year, CEO Osama…
Also on our radar on 18 January 2021
TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects…
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