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ESG and climate change take the backseat for infrastructure, energy pragmatism in Fink’s letter
“In my nearly 50 years in finance, I’ve never seen more demand for energy infrastructure”
Orascom Construction reports net income rise as backlog records record high
The company’s new awards rose 234.3% y-o-y in 4Q to USD 1.9 bn
Egypt looks towards airport expansion, smart policy, and the private sector to support its ambitious aviation goals
The government wants to double the capacity of Cairo International Airport
Al Ahly Sabbour wants in on Ras El Hekam. PLUS: Infrastructure, telecoms, diplo, manufacturing news
The real estate developer wants to purchase 1k feddans in the North Coast project
Egypt should start moving more of its cargo via trains — here’s why
Rail freight is cheaper, more scalable, and cleaner than moving cargo on trucks
Hassan Allam Group sets up regional HQ in Saudi Arabia
The new HQ will monitor the group’s international operations
UK to support Egypt’s efforts to build sustainable infrastructure and cities. PLUS: News from Acwa Power, FinMin, Visa, Amethis
Egypt and the UK will form a task force bringing together government bodies and industry representatives to exchange technical knowledge
Actis, a longtime investor in Egypt and champion of emerging markets, will merge with General Atlantic
The acquisition would add Actis’ USD 12.5 bn worth of assets to General Atlantic’s USD 83 bn portfolio
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