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Qatar’s sovereign fund is taking a closer look at Damietta Port
WATCH THIS SPACE- Qataris eyeing Damietta Port? Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited…
Egypt-Saudi electricity interconnection finally has a timeline
Our 3 GW electricity linkup with Saudi is going live in mid-2025: Trial operations for the USD 1.8 bn Egypt-Saudi…
Suez Canal to launch bunkering, catering services in the new year
The Suez Canal wants to be a one-stop ship shop come 2023: The Suez Canal Economic Zone (SCZone) will provide…
UAE eyes establishing logistics hub at an Egyptian airport
The UAE reportedly wants to set up a logistics hub at one of our airports: A consortium that includes several…
Investors show interest in state-owned hotels
Investors are lining up to snag shares in state-owned hotels: Several unnamed international investors and investment funds have submitted offers…
Belgium’s DEME awarded dredging contract
Belgium’s DEME Group has been awarded large-scale dredging project as part of the development of Abu Qir Port, Al Mal…
Lots of investment flowing into logistics hubs and … cooking oil complexes
Supply Ministry tenders logistics + cooking oil complex projects, with more in the pipeline: The Supply Ministry has four logistics…
World Bank approves USD 400 mn in funding for freight rail network
A more efficient and low-carbon freight railway system is coming: The World Bank has approved a USD 400 mn financing…
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