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ACUD’s New Capital water line has doubled in cost, but the company can’t change the price
The cost of the line doubled to nearly EGP 40 bn, but ACUD isn’t able to change the prices to…
Egypt swaps sovereign guarantees for land and long-term contracts to fund desalination
Egypt is counting on developers to fund USD 8.5 bn in desalination without a state safety net
Eni attempts USD 20 mn quick fix to partially recover Zohr output
Plus: Orascom and Alpha Dhabi subsidiary launch regional water infrastructure company
Foreign investors circle aquaculture sector after EU export green light
Greece and Algeria table aquaculture investment offers after EU export green light, with more bids expected for 21 Red Sea…
Orascom Construction, Arab Contractors land Jordan’s largest infrastructure project
The Aqaba-Amman Water Desalination and Conveyance project will cover 40% of Jordan’s drinking water needs
LVP Pharma becomes Rameda’s largest shareholder with 23.2% share
Plus: EU Commission earmarks EUR 8 mn in wartime relief, desalination plant PPPs
Elsewedy Electric’s Iskraemeco looks to invest USD 20 mn into solving Egypt’s water leakage problem
The company is targeting a 40% market share in national water projects by 2026
Incoming water act to lure investors and fund infrastructure
The legislation will come into effect in March 2026
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