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ODH aims for south Sinai project to turn in profit next year
Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? Orascom Development Holding…
infrastructure
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El Wazir talks potential investments in Egypt’s railways with Siemens, Thales
Transport Minister Kamel El Wazir met yesterday with representatives from Siemens and Thales Spain to discuss potential investments in Egypt’s…
Gov’t to build seven bridges in Upper Egypt at a cost of EGP 9.4 bn
The government is currently building seven bridges on the Nile in Upper Egypt at a cost of EGP 9.4 bn,…
SODIC launches new west Cairo project
SODIC has launched “The Estates,” a new project in New Zayed, the company said in a statement (pdf). The west…
NBE issues EGP 1.75 bn letters of guarantees for monorail projects
The National Bank of Egypt (NBE) issued six letters of guarantee worth EUR 64.9 mn (EGP 1.75 bn) to a…
Palm Hills inks agreement with JBI to manage Sixth of October project
Real estate developer Palm Hills has signed an agreement with Julius Burger International (JBI) to manage phase 1A of its…
Two European companies to build USD 750 mn Damietta logistics zone
The Damietta Port Authority signed an MoU yesterday with European companies Eurogate Terminals and Contship Italia to establish the largest…
NUCA signs MoU for waste-to-energy project in west Cairo
The New Urban Communities Authority (NUCA) has signed an MoU with Besixand Orascom Construction for a waste-to-energy project to supply…
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