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Taking stock of what French companies pledged during Macron’s 2019 visit to Egypt
Macron has left the city. We take stock of the agreements signed during the French president’s three-day visit to Egypt,…
infrastructure
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Fitch pours cold water on Egypt’s new administrative capital railway
Fitch pours cold water on new administrative capital rail link: Plans to construct an electric railway line connecting greater Cairo…
Cyprus-based EDT to invest in Egypt’s Damietta Port in oil and gas logistics
Cyprus-based EDT Offshore is mulling investing in Damietta Port to support oil and gas companies in offshore exploration, local news…
China’s EximBank to disburse first tranche of NAC light railway loan within a month
China’s Export-Import Bank (EximBank) will disburse within a month USD 105 mn tranche from the USD 1.2 bnit agreed on…
Energy committee gives Egypt-Cyprus gas pipeline the all-clear
The House of Representatives’ Energy Committee has given its approval for the construction of the gas pipeline between Cyprus and…
Spanish-Kuwaiti consortium bidding for Egypt’s USD 8.5 bn electric railway
Eight consortiums, including one made of Kuwait-based Al Kharafi Group and five Spanish companies, are competing in a tender to…
NACCUD to launch waste management tender for Egypt’s new capital
The New Administrative Capital Company for Urban Development (NACCUD) will issue a tender to implement a waste management system in…
Elsewedy Electric could invest up to EGP 2 bn in new capital projects
Elsewedy Electric is mulling investing up to EGP 2 bn in new infrastructure and power generation projects in the new…
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