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Egypt signs MoU with Korea’s JST to set up waste-to-energy facility
The National Organization for Military Production has signed an MoU with Korean waste-to-energy (WtE) company JST to set up a…
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China Development Bank offers USD 3.7 bn in financing to Egypt’s EEHC
BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for…
EGX approves issued capital increase for CIB, Orascom Development
The EGX has approved CIB’s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also…
Egyptian contractors ready to start work on NAC light railway
OC, Hassan Allam among five contractors working on NAC light railway: Our friends at Orascom Construction and Hassan Allam are…
AlGioshy Steel eyes 4Q2019 EGX debut
IPO WATCH- AlGioshy Steel is considering listing 40% of its shares on the EGX in 4Q2019 to fund its local…
Egypt’s parliament gives preliminary nod to draft law to settle building code violations
The House of Representatives approved in principle yesterday a temporary bill that outlines mechanisms for settling building code violations, Al…
Orascom Construction adds USD 825 mn to its backlog in 4Q2018
Orascom Construction adds USD 825 mn to its backlog in 4Q2018: Our friends at Orascom Construction added USD 825 mn…
Egypt’s NAT reportedly calls of tender for phase on of Cairo Metro Line 4
The National Authority for Tunnels has reportedly called off its tender for construction works on the phase one of Cairo…
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