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Egyptian-Russian company to manage the USD 7 bn RIZ to be set up in April
An Egyptian-Russian company will be set up in April to operate and manage the planned USD 7 bn Russian Industrial…
Egypt’s NACCUD in talks with France’s EDF for electric systems in new capital
The New Administrative Capital Company for Urban Development (NACCUD) is in talks with Électricité de France (EDF) to sign a…
Arab Contractors seeks to grow African business volume
Egypt’s Arab Contractors plans to increase its African business volume to EGP 1 bn (USD 57.2 mn) in 2019, according…
Major Italian companies looking to increase investments in Egypt
INVESTMENT WATCH- From Italy, with love: Seven Italian companies are kicking the tires on possible investments in Egypt, company execs…
Honeywell to sign new administrative capital security systems agreement
US conglomerate Honeywell will sign an agreement on Thursday with the New Administrative Capital Company for Urban Development to develop…
Oil Ministry to build natural gas line to Luxor power plant
The Oil Ministry has inked a EGP 1.6 bn agreement with Acwa Power to connect natural gas lines to the…
Egypt’s MPC, Malaysia’s Petronas launch JV to sell refined crude
State-owned Misr Petroleum Company (MPC) and Malaysia’s Petronas have launched an equally-owned JV to sell refined crude, according a press…
Syrian reconstruction could prove big business for Egypt
Syrian reconstruction could prove big business for Egypt: With Bashar Al Assad’s allies (Russia and Iran) noncommittal about providing resources…
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