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AFD earmarks EUR 1 bn for Egypt development projects over coming 4 years
The French Development Agency (AFD) has allocated EUR 1 bn to fund projects in Egypt over the coming four years,…
Egypt’s BICC plans IPO within 3 years
IPO WATCH- BICC int’l school eyes IPO in the long term: The British International College of Cairo (BICC) plans to…
Housing Ministry could allow private sector to join social housing projects
The Housing Ministry will finish at the end of October discussions on allowing the private sector to participate in the…
Orascom Construction adds USD 1.3 bn in new awards to backlog in 3Q 2019
Orascom Construction has added USD 1.3 bn to its backlog in 3Q2019, up 30% compared to a year earlier, the…
NUCA purchases 300 feddans in El Warraq for EGP 2 bn
The New Urban Communities Authority (NUCA) has purchased 300 feddans in El Warraq island in exchange for paying EGP 2…
Egypt’s NREA to hike price of renewable electricity sold to EETC
The government will increase the price of electricity sold by the New and Renewable Energy Authority to the Egyptian Electricity…
Egypt’s construction sector set to see annual growth of 11.3% between 2019 and 2023
Construction in Egypt is set to expand by an average of 11.3% each year between 2019 and 2023, data and…
Acwa Power to submit offers for desalination plants in Egypt “in coming weeks”
Saudi’s Acwa Power is planning to submit in “the coming weeks” an offer to the government to set up water…
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