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AFD earmarks EUR 1 bn for Egypt development projects over coming 4 years
The French Development Agency (AFD) has allocated EUR 1 bn to fund projects in Egypt over the coming four years,…
Green economy
Egypt’s BICC plans IPO within 3 years
IPO WATCH- BICC int’l school eyes IPO in the long term: The British International College of Cairo (BICC) plans to…
Egypt to receive first batch of 50 railcars from Transmashholding in January
Russian rail equipment manufacturer Transmashholding is set to deliver next January the first 50 railcars of 1,300 to be supplied…
Housing Ministry could allow private sector to join social housing projects
The Housing Ministry will finish at the end of October discussions on allowing the private sector to participate in the…
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 to receive 10 locomotives from GE in November
Egypt will receive 10 new locomotives from General Electric in November as part of a USD 575 mn agreement signed…
NUCA purchases 300 feddans in El Warraq for EGP 2 bn
The New Urban Communities Authority (NUCA) has purchased 300 feddans in El Warraq island in exchange for paying EGP 2…
Egypt’s NREA to hike price of renewable electricity sold to EETC
The government will increase the price of electricity sold by the New and Renewable Energy Authority to the Egyptian Electricity…
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