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Wheat tender price rises again
Wheat tender price rises again: GASC bought 60k tonnes of Romanian wheat in an international tender for shipment between 1-15…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
Who are the six consortiums bidding for the Tenth of Ramadan dry port?
The six consortiums chasing the Tenth of Ramadan dry port have been revealed: The consortiums include Orascom Construction-Abu Dhabi Ports,…
THIS EVENING: OC-led consortium to implement Ras Ghareb wind farm + Egytrans pulls the brake on HAUH takeover offer ALSO: Regini trials unfold
Well, friends, we’ve made it through another workweek together, and our reward is not just a weekend, but the promise…
The buildout of our fastest-ever rail line is on the fast track
Our first high-speed rail line is “on the fast track” — but it’s unclear exactly when it will be operational:…
Orascom Construction adds nearly USD 1 bn to backlog in 3Q
Orascom Construction added USD 960 mn-worth of new contracts to its backlog in 3Q2021, growing 42% y-o-y annual increase, the…
Egypt-Saudi electricity interconnection finally kicks into gear, here’s what we know so far
The linkup of Egypt and Saudi’s electricity grids is finally moving forward — here’s what you need to know: A…
THIS EVENING: Senate back in session today; Georgieva faces IMF on corruption allegations; Bad day for FB; Nobel Physics prize winners announced.
It’s been a busy day, ladies and gentlemen, as we approach the end of the short work week. We have…
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