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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…
Green economy
Egypt, World Bank looking into setting up cargo railway between Alexandria, Sixth October dry port
Transport Minister Kamel El Wazir met on Sunday with a World Bank delegation to discuss a potential cargo railway line…
Egypt in talks with Huawei to transition to a smart grid
Electricity Minister Mohamed Shaker met yesterday with Huawei’s regional corporate head, Michael Li, to discuss the ministry’s plans to transition…
Elsewedy Electric Profits inches down 2.6% y-o-y in 2Q2019
EARNINGS WATCH- Elsewedy Electric’s net profit dropped 2.6% y-o-y in 2Q2019 to EGP 957.8 mn, down from EGP 983.8 mn…
Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway
The Transport Ministry is negotiating with an unnamed Kuwaiti investor to contribute to the financing of a 700 km railway…
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…
Madbouly Cabinet approves draft bill setting up Egypt’s medical emergency response fund
CABINET WATCH- The Madbouly Cabinet approved a draft bill establishing a medical emergency response fund during its weekly meeting on…
Egypt’s rice cultivation expected to increase 140% y-o-y in 2019
Egypt’s rice cultivation is expected to increase 140% y-o-y in 2019 to reach 6 mn tonnes, the head of the…
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