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Damietta Port’s second container terminal to be completed by Jan 2021
State-owned Damietta Container & Cargo Handling Company (DCHC) is set to complete the construction of Damietta Port’s second container terminal…
Egypt to invest more than EGP 45 bn to build 47 seawater desalination plants before 2025
Egypt will invest more than EGP 45 bn to construct 47 seawater desalination plants over the next five years in…
Property value will likely hold ground as the economy slows -Samih Sawiris
Samih Sawiris sees property values holding their ground despite covid-19 market slowdown: Orascom Development Holding Chairman Samih Sawiris expects real…
Egypt rejects Ethiopian request to stall decision on sticking points on 8th day of GERD talks
Egypt bats away Ethiopia’s proposal to kick the can: Egypt has refused a proposal put forward by Ethiopia on Friday…
The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
Top infrastructure stories of the week
The top infrastructure stories of the week: IDG launched the country’s first eco-sustainable industrial park. We have the story in…
Madbouly says no new residential buildings in certain urban zones
The government will no longer permit residential construction in certain urban neighborhoods that have reached their maximum population density following…
Egypt to offer 16k sqm of land in Upper Egypt to investors without charge
The government is offering more than 16k sqm of land in Upper Egypt without charge to investors as part of…
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