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Cabinet assigns Holding Co for Roads, Arab Contractors to build new, EGP 2 bn axis in Aswan
CABINET WATCH- Holding Co for Roads, Arab Contractors to construct new EGP 2 bn Aswan bridge: The Madbouly Cabinet approved…
Green economy
Recorded traffic accidents drop by 23% in 2018
The total number of recorded road accidents in Egypt fell 23% y-o-y to 8,480 in 2018 from 11,098 in 2017,…
EETC, EGEMAC sign seven contracts worth EGP 660 mn to develop electricity transmission
The Egyptian Electricity Transmission Company (EETC) and the Egyptian German Electrical Manufacturing Company (EGEMAC) have signed seven contracts worth c.…
Heliopolis Housing postpones auction to sell Sheraton land
Heliopolis Company for Housing and Development has postponed an auction to sell a land plot in Sheraton, Heliopolis in light…
Egypt, World Bank discuss boosting support for African infrastructure projects
Investment Minister Sahar Nasr discussed with World Bank Vice President for Infrastructure Makhtar Diop boosting support for infrastructure projects in…
SODIC launches and sells “Allegria Residence”
Real estate developer SODIC has launched its upscale apartment complex “Allegria Residence,” achieving EGP 500 million in booked sales, the…
Egypt’s NUCA board to use last year’s prices for land allocations
The New Urban Communities Authority’s (NUCA) board of directors will continue this year charging new city industrial investors the same…
Egypt’s NAT requests new bid from Orascom-Taisei consortium for Metro Line 4
The National Authority for Tunnels (NAT) has requested that the Orascom Construction-Taisei Corporation consortium bid on a new tender for…
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