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Egypt to add 250 new locomotives to its railway sector
Egypt aims to add 250 new locomotives to its railway system as part of wider efforts to improve the sector,…
infrastructure
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Hyde Park gets greenlight for 6 October housing land plots
The General Authority for Urban Planning agreed last week to a request from Hyde Park Developments to purchase two land…
Elsewedy’s industrial development arm obtains 15.4 mn square meters from IDA
Elsewedy Electric’s industrial development arm has obtained 15.4 mn sqm from the Industrial Development Authority (IDA) and the Suez Canal…
World Bank president-elect pledges support for Egypt
Trump’s nominee for World Bank’s next boss pledges support for Egypt: David Malpass, the US’ nominee to head the World…
China’s CGCOC interested in developing Fayoum industrial zone
Chinese construction company CGCOC is interested in developing a 32 mn feddan industrial zone in Fayoum into Egypt’s first “smart…
Shipping lines ask for cheaper fees to return to East Port Said Port
Shipping lines that have withdrawn from East Port Said Port since 2017 have asked for a new fixed-fees system for…
Kenya-based ZEP-RE to set up shop in Egypt within one year
Kenya-based ZEP-RE (PTA Reinsurance Company) is looking to set up a regional office in Egypt within one year, a source…
SODIC aims to invest EGP 3.7 bn in construction projects in 2019
Upmarket real estate developer SODIC aims to invest EGP 3.7 bn in construction projects in 2019, up from EGP 2.4…
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