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Fitch expects a 5.5% y-o-y increase in tourist arrivals next year
PLUS: Infinity Power and South Africa-based Pele Green Energy were awarded six solar plants in South Africa
Chinese automaker FAW to return to the market with new local agent. PLUS: Arab Contractors, Orascom Investment, ICON, Wadi Degla Developments, MG Development, Egypt Castings
Geyushi Motors was Egypt's agent for China's FAW Group up until four years ago when their partnership expired
Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,
The project is Arab Contractors’ fifth in Uganda in as many years
ITIDA, Telecom Egypt, and Nokia to establish internet protocol center of excellence in Cairo. PLUS: Emirates NBD Egypt, Arab Contractors, Antipollution Egypt, Schindler, EgyptAir + Air Cairo + Nesma
The center will initially export digital services to over 60 countries in the MEA region
New Delta water treatment plant grabs four Guinness World Records
Egypt is now officially home to the world’s largest water treatment facility: Our friends at Hassan Allam Construction, Orascom Construction,…
North Petroleum to boost production from Western Desert block. PLUS: News from Harbour Energy, Alfa Trans, Mal Bazaar, Instapay
Harbour Energy snaps concessions in the Nile Delta, Mediterranean
Afreximbank extends USD 3 bn in credit facilities to Egyptian firms
The lender is giving Hassan Allam Holding a USD 200 mn facility to support its infrastructure projects in Africa
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
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