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NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line
The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import…
Green economy
Egypt to inaugurate phase 4A of Cairo Metro Line 3 this month
The government will inaugurate this month phase 4A of the EGP 32 bn Cairo Metro Line 3, National Tunnels Authority…
Orascom Construction to build concrete factory in New Alamein
The New Urban Communities Authority (NUCA) has granted 50k square meters to Orascom Construction to establish a factory for concrete…
Khalil bids to take Raya private following Egypt’s FRA decision
M&A WATCH- Khalil launches bid to take Raya private: Raya Holding founder Medhat Khalil has submitted a mandatory tender offer…
Egypt’s energy sector in the limelight on the airwaves
The performance of Egypt’s energy sector last year and its expected growth this year was the most popular topic on…
SCA extends 30% discount on fees for Egyptian vessels for one year
The Suez Canal Authority has extended to 31 December 2019 a 30% discount on the fees on Egyptian cargo carriers…
Honeywell to develop USD 31 mn-worth of security systems in Egypt’s new capital
The New Administrative Capital Company for Urban Development (NACCUD) has awarded US-based Honeywell contracts to develop USD 31 mn-worth of…
Egypt’s NAT launches Metro Line 1 development project tender
The National Authority For Tunnels has launched a tender for the supply and installment of circuit breakers along Cairo Metro…
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