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Infrastructure 
SODIC’s Eastown District project to come online in 2021
Upmarket real estate developer Sodic is on track to begin delivering units in its Eastown District New Cairo (EDNC) complex…
Six companies to bid for wind plant O&M contract
Six foreign and local companies are planning to bid for a five-year operation and maintenance contract for the New and…
Your top infrastructure stories
Your top infrastructure stories for the week include: Egyptian Refining Company’s USD 4.3 bn Mostorod petrochemical refinery — the largest…
Suez Cement submits MTO for 100% of subsidiary Tourah Cement
M&A WATCH- HeidelbergCement looks to acquire 100% of subsidiary Suez Cement: Suez Cement’s German parent company HeidelbergCement has submitted a…
Egypt to soon inaugurate first 230 km of new Cairo-Aswan highway
Egypt will soon inaugurate the first 230-km phase of a new EGP 26 bn, 1150-km Cairo-Aswan highway, head of the…
Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020
EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP…
Contractors can resume constructions on buildings up to four storeys
Construction ban partially relaxed: Contractors and real estate developers will now be permitted to resume construction on buildings that are…
Cement producers call for gov’t intervention to salvage ailing sector
The cement industry is calling for gov’t intervention to save crippled sector, saying it is time for the state to…
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