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Cement production quotas bring Spegyco back from zombie status
Saad El Din Group has restarted operations at the Spanish Egyptian Cement factory (Spegyco) after a three-year hiatus, the group’s…
Damanhour Uni president + health ministry official arrested on corruption charges
Other things we’re keeping an eye on this morning: Corruption arrests: The president of Damanhour University and a Health Ministryofficial…
Bechtel inks two agreements for Ain Sokhna’s USD 7.5 bn petchem complex
Bechtel will design Africa’s largest petchem complex: US construction giant Bechtel will lead the design and construction of the USD…
Bechtel could help fund Cairo Metro Line 6 with USD 2 bn loan
Bechtel is said to be arranging financing for Cairo’s sixth metro line: US infrastructure giant Bechtel will reportedly arrange facilities…
What the markets are doing on 1 February 2021
Saudi Arabia is trying to rebrand Riyadh as the new Dubai: The kingdom has already attracted 24 multinationals to set…
Also on our radar on 26 January 2021
An EGP 13 bn revamp at state-owned Egyptalum will see the state-owned company upgrade its equipment to newer, more energy-efficient…
What impact has covid-19 had on Egypt’s shared office space industry?
What impact has covid-19 had on Egypt’s shared office space industry? Co-working and shared office spaces have grown rapidly since…
Bechtel in pole position to snag master contract for Cairo Metro Line Six
Bechtel looks set to land the master contract for Cairo’s sixth Metro line, Transport Minister Kamel El Wazir said yesterday…
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