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Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete
Six local banks — the National Bank of Egypt, Banque Misr, Banque du Caire, SAIB Bank, Suez Canal Bank, and…
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Egyptian gov’t selects OC-led consortium for 6 October-new capital monorail tender
Gov’t taps OC-led consortium to enter talks on 6 October-new capital monorail -report: A consortium of Orascom Construction, Arab Contractors…
Orascom in the running to construct Saudi sewage treatment plant
Orascom has been prequalified to bid for the construction of an independent sewage treatment plant in Saudi Arabia, TradeArabia reports.…
Egypt’s Transport Minister to speed up purchase, maintenance of 141 locomotives
Transport Minister Kamel El Wazir met on Thursday with a delegation from Progress Rail Locomotive to speed up the financial…
AOI partners Malaysian company and is in talks with Austria’s Andritz
The Arab Organization for Industrialization (AOI) inked a cooperation protocol with a Malaysian company to plant and process 1.5 mn…
Egypt-Saudi interconnection project to hit a milestone in June
Saudis to launch Egypt-Saudi interconnection tender in June: The Saudi government will issue in June a new tender for its…
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.…
NTA and RATP to form JV for Cairo Metro Line 3
The Transport Ministry has established a joint venture with French company RATP to oversee the operation and maintenance of Cairo…
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