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Egypt’s cement sector in oversupply crisis -Suez Cement CEO
Egypt’s cement sector in oversupply crisis -Suez Cement CEO: Egyptian cement companies are continuing to flood the market, producing twice…
El Sisi’s Kuwait meetings, new urban cities, healthcare lead the conversation on Egypt’s talk shows
The last day of President Abdel Fattah El Sisi’s visit to Kuwait led the conversation on the airwaves last night.…
Pyramids renovation project is set to open 1Q 2020
The government is due to open its USD 500 mn pyramids renovation project in 1Q2020, an Antiquities Ministry spokesperson said,…
Orascom Construction profits drop 38% y-o-y in 2Q2019
EARNINGS WATCH- Orascom Construction profits drop 38% y-o-y in 2Q2019 to USD 31.3 mn, compared to USD 50.6 mn a…
Deloitte: Egypt tops Africa in number and value of construction projects in 2018
Egypt topped Africa in the number and value of construction projects within a single country in 2018,according to Deloitte’s Africa…
Mitsubishi-Orascom consortium wins tender for first phase of metro line 4
The National Authority for Tunnels awarded a Mitsubishi-Orascom consortium the contract to construct the railway and depot, and to set…
Emaar Misr awards Arabtec contract to build two communities in Uptown Cairo
Emaar Misr has awarded Dubai-based construction company Arabtec a EGP 1.8 bn contract to build two residential areas in Emaar’s…
Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
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