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Redcon seeks EGP 1.7 bn loan to finance construction projects
Construction company Redcon has opened talks with local banks to get an EGP 1.7 bn revolving loan to finance development…
Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot
A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh…
CSCEC lays groundwork for tallest building in Africa
China State Construction Engineering Company (CSCEC) has begun laying the essential groundwork for the 385-m skyscraper set to be “Africa’s…
El Attal plans to go public on Egypt’s exchange next year
IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed…
Arab Contractors seeks to grow African business volume
Egypt’s Arab Contractors plans to increase its African business volume to EGP 1 bn (USD 57.2 mn) in 2019, according…
Siemens completes 400 MW extension on Toshka substation
Siemens has completed a 400 MW extension to the Toshka substation three months after breaking ground, the company announced yesterday.…
Syrian reconstruction could prove big business for Egypt
Syrian reconstruction could prove big business for Egypt: With Bashar Al Assad’s allies (Russia and Iran) noncommittal about providing resources…
Final contracts for Egypt’s Hamrawein coal project to be signed mid-2019
Final contracts for Hamrawein ‘clean coal’ project to be signed mid-2019: The Chinese company constructing the 6 GW Hamrawein ‘clean…
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