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Infrastructure 
Orascom Construction to build EGP 636 mn HDB HQ in new capital
Orascom Construction signed an agreement with the Housing & Development Bank (HDB) on Sunday to construct the bank’s headquarters in…
Grand Egyptian Museum 93% complete in preparation for 2020 inauguration
The Grand Egyptian Museum (GEM) is around 93% complete, Secretary-General of the Supreme Council of Antiquities Mostafa Waziri said, according…
NBE issues EGP 1.75 bn letters of guarantees for monorail projects
The National Bank of Egypt (NBE) issued six letters of guarantee worth EUR 64.9 mn (EGP 1.75 bn) to a…
Egypt-Belgium sign MoU allocated EGP 16 mn to restoration of Baron Empain Palace
Egypt and Belgium signed an MoU on Thursday in which EGP 16 mn was allocated for the renovation of Baron…
Egypt’s Orascom, Germany’s Siemens to rebuild Iraq’s Baiji power complex
OC-Siemens consortium to rebuild 1.6 GW power plant complex in Iraq’s Baiji: A consortium comprising Orascom Construction (OC) and Siemens…
NUCA signs MoU for waste-to-energy project in west Cairo
The New Urban Communities Authority (NUCA) has signed an MoU with Besixand Orascom Construction for a waste-to-energy project to supply…
Memaar Al Morshedy to develop 900-acre mixed-use project in Sahel
Real estate player Memaar Al Morshedy plans to develop a 900-acre mixed-use project on Egypt’s north coast, a company source…
EETC signs contract with Al Kharafi consortium to build EGP 440 mn substation
The Egyptian Electricity Transmission Company (EETC) has signed a contract with an Al Kharafi-Taikai-NHVS consortium to construct a substation in…
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