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Orascom Construction adds USD 785 mn to its backlog in 4Q2021
Our friends at Orascom Construction saw total new awards rise 22% y-o-y in 2021 to hit USD 3.5 bn, the…
Egypt in the News: Mohamed El Amin trafficking case + City of the Dead mausoleums under threat
It’s a mixed bag in the pages of the foreign press this morning: The trafficking and assault allegations against former…
APICORP and IsDB launch USD 1 bn Infra Initiative
Apicorp and IsDB launch USD 1 bn Infra Initiative: Arab Petroleum InvestmentsCorporation (Apicorp) and the Islamic Development Bank (IsDB) have…
2021: Investments are picking up, albeit gingerly
What was Egypt’s investment story like in 2021? The big picture tells us that investor interest is continuing to pick…
Healthcare coverage growing
The Health Ministry is expanding healthcare coverage to another 15 mn people nationwide while the government rolls out its universal…
THIS EVENING: Thousands of firms get temporary minimum wage exemption + Omicron to hit global growth + TRY rollercoaster.
Good afternoon, friends, and welcome to the calm after the storm. The snow has melted, the winds have died down,…
Al Nowais eyes desalination + green hydrogen investments
UAE’s Al Nowais is looking to invest in desalination and green hydrogen projects in Egypt, Chairman Hussain Al Nowais tells…
Negotiations ongoing with five int’l institutions to finance Aswan-Toshka railway
The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka…
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