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How auto’s recovery is playing out in the markets
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.59 bn (8.5% above the 90-day average). Foreign investors…
Orascom Construction nets USD 920 mn in awards in 4Q2020
Orascom Construction (OC) secured almost USD 920 mn in new awards in 4Q2020, bringing the total value of projects added…
Also on our radar on 21 January 2021
Canada’s Bombardier will supply our monorail cars with a little help from the UK government after the country’s export fund…
Work on the high-speed electric rail won’t start until the end of the year.
Work on the USD 23 bn high-speed electric rail network will begin towards the end of the year, CEO Osama…
Who’s in on high-speed electric rail?
Orascom Construction (OC) and Arab Contractors are working with Siemens on the USD 23 bn high-speed electric rail network after…
Déjà vu
Orascom Investment Holding (OIH) looks set to snag the contract to develop the sound and light show at the Giza…
Also on our radar on 3 January 2021
Other business news from the weekend that we’re keeping an eye on: Orascom Construction is distributing an interim dividend of…
Renewables are back on the table
We have more info on the government’s ambitious renewable energy plans: A few days after Electricity Minister Mohamed Shaker announced…
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