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Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE
The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt…
NACCUD to announce winner of waste management tender in March
The New Administrative Capital Company for Urban Development (NACCUD) has received tender offers from four foreign companies for waste management…
Siyuan-MEGA consortium to set up power plant in Egypt’s Wadi El Natrun
A consortium of Shanghai Siyuan Electric and local firm MEGA for Construction and Industries has signed a contract with the…
National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction
The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon…
Orascom Construction adds USD 1.3 bn in new awards to backlog in 3Q 2019
Orascom Construction has added USD 1.3 bn to its backlog in 3Q2019, up 30% compared to a year earlier, the…
Egypt’s construction sector set to see annual growth of 11.3% between 2019 and 2023
Construction in Egypt is set to expand by an average of 11.3% each year between 2019 and 2023, data and…
OCI NV, ADNOC complete fertilizer merger
M&A WATCH- OCI NV, ADNOC fertilizer merger done and dusted: Abu Dhabi National Oil Company (ADNOC) has completed its merger…
Palm Hills completes two hotels in Egypt’s North Coast
Palm Hills has completed two boutique hotels in its Hacienda White and Hacienda Bay resorts in Sahel at a cost…
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