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Egypt signs new contracts with US train maker PRL worth USD 466.3 mn
The Railways Authority has signed four contracts worth a combined USD 466.3 mn with American Progress Rail Locomotive (PRL) to…
Cairo Airport terminal 4 building to cost EGP 5 bn
A planned fourth passenger terminal at the Cairo International Airport is expected to cost EGP 5 bn, Cairo Airport Company…
EETC awards three contracts for overhead Benban-Toshka transmission line
The Egyptian Electricity Transmission Company (EETC) has signed three contracts for the implementation of 500 kV Benban 3-Toshka 2 transmission…
Egypt in the News on 17 November 2019
How the government is salvaging El Mahalla El Kobra: The Public Enterprises Ministry is pushing ahead with a USD 1.3…
CBE greenlights establishment of USD 600 mn export credit risk guarantee company
CBE greenlights establishment of USD 600 mn export credit risk guarantee company: The Central Bank of Egypt (CBE) has approved…
Hassan Allam signs USD 20 mn loan with EBRD for investments in Egypt’s water, wastewater sector
Hassan Allam signs USD 20 mn loan with EBRD for water, wastewater investments: The European Bank for Reconstruction and Development…
Egypt’s Tharaa establishes a USD 20 bn investment platform with Abu Dhabi Holding Company
Tharaa, Egypt’s sovereign wealth fund, to establish a USD 20 bn investment platform with Abu Dhabi Holding Company: Egypt and…
Midor Electricity wants EGP 485 mn EUR loans to raise capacity of power plant
Midor Electricity (Midelec) is negotiating with local private and state-owned banks, including the National Bank of Egypt, to obtain a…
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