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New show at the Pyramids
Orascom Investment Holding (OIH) subsidiary Orascom Pyramids will invest EGP 200 mn in the early stage of the Giza sound…
Bechtel could help fund Cairo Metro Line 6 with USD 2 bn loan
Bechtel is said to be arranging financing for Cairo’s sixth metro line: US infrastructure giant Bechtel will reportedly arrange facilities…
Saudi’s RSGT has over USD 1.5 bn to invest in ports, and Egypt is on the short list
Could Egypt be in line for a slice of investments from a Saudi port operator? Red Sea Gateway Terminal (RSGT)…
Dongfeng plans to invest USD 12 mn in EV assembly with El Nasr
China’s Dongfeng has upped its planned investments in a plan to locally assemble EVs with El Nasr Automotive to USD…
Gov’t to slash subsidies doled out to help water companies cover expenses
State water companies will no longer be getting subsidies from the state to cover their spending shortfall starting next fiscal…
Zabaleen are getting new competition in Cairo
Gov’t hires two private companies for municipal solid waste management around Cairo: Four ministries signed contracts with Ertekaa Integrated Services…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
No repeat of the Ever Given?
Dredging work to expand the New Canal and the southern stretch of the waterway began yesterday, the Suez Canal Authority…
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