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Zarou is Egypt’s top contender for stake in Siemens power plants
Zarou is the top contender for stake in Siemens power plants: Blackstone Group’s Zarou is reportedly the frontrunner out of…
Egypt’s Suez Canal has borne witness to 150 years of our history, and become a “lifeline”
The Suez Canal has borne witness to 150 years of our history, and become a “lifeline”: The Suez Canal, which…
Egypt’s SWF could take a 30% stake in Siemens-OC-Elsewedy power plants -Soliman
Egypt’s new sovereign wealth fund is looking to acquire a 30% stake in the Siemens / OC / Elsewedy power…
Naguib Sawiris replaces Tamer El Mahdi as OIH CEO
MOVES- Orascom Investment Holding Executive Chairman Naguib Sawiris will assume the position of CEO after Tamer El Mahdi submitted his…
OC-Engie-Toyota consortium’s 262.5 MW Ras Ghareb wind farm ready for commercial operation
OC-Engie-Toyota consortium’s 262.5 MW Ras Ghareb wind farm ready for commercial operation ahead of schedule: A consortium comprised of Orascom…
Egypt to establish EGP 6 bn company to manage monorail project
Egypt will set up a new EGP 6 bn company to manage the monorail project, Planning Minister Hala El Said…
Toyota-Orascom alliance begins trial run on 250 MW Ras Gharib wind farm
A consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation began trial runs on its 250 MW wind…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
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