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NACCUD to tender 2,500 feddans in new administrative capital in May
Land tenders in new administrative capital coming in May, holding company could consider EGX listing: The New Administrative Capital Company…
Dana Gas to begin drilling in Mediterranean concession in 2H2018
The UAE’s Dana Gas is set to start drilling operations on the first well in its Mediterranean concession in Egypt…
IDEMIA Egypt to invest EUR 70 mn after presidential election
INVESTMENT WATCH- IDEMIA is planning to invest EUR 70 mn in Egypt after the March presidential election, the company’s government…
Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory
INVESTMENT WATCH- Sumitomo Electric Wiring Systems Egypt is planning to invest EGP 100 mn to expand its automotive wiring harness…
Cabinet studying offers from four global firms for USD 750 mn Abu Tartour fertilizers plant
INVESTMENT WATCH- The Ismail Cabinet is studying offers from four global firms to develop the Abu Tartour USD 750 mn…
ERC to recover costs from delay in refinery project in six years
Qalaa Holdings’ Egyptian Refining Company (ERC) expects to recover the cost of its delayed launch in six-years’ time, Managing Director…
EEHC contracts Elsewedy Electric to construct EGP 3.6 bn power lines connecting Dabaa plant to national grid
Elsewedy Electric lands EGP 3.6 bn power lines contract for Dabaa nuke plant? The Egyptian Electricity Holding Company (EEHC) has…
Investors to move into Egyptian equities, Kitchen says
Egypt is going to move away from the carry trade and increasingly into equities, EFG Hermes Head of Macro Strategy…
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