{"id":559943,"date":"2021-02-09T03:50:35","date_gmt":"2021-02-09T03:50:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/"},"modified":"2021-02-09T03:50:35","modified_gmt":"2021-02-09T03:50:35","slug":"also-on-our-radar-on-9-february-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/","title":{"rendered":"Also on our radar on 9 February 2021"},"content":{"rendered":"<p><strong>China State Construction Engineering Corporation (CSCEC) is building five <\/strong><strong>skyscrapers in New Alamein <\/strong>under <a href=\"https:\/\/alborsaanews.com\/2021\/02\/08\/1417532\">a contract<\/a> signed yesterday with the New Urban Communities Authority (NUCA), according to a <a href=\"https:\/\/bit.ly\/36TcFhy\">cabinet statement<\/a>. NUCA will arrange financing for the buildings, which include a 250-meter 68-storey high-rise and four other, 200 meter-high tower blocks. CSCEC, the world\u2019s largest construction outfit by revenue, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fe1c460b-dd7c-426f-8a5b-dd585c6da05d\">will also build<\/a> a mixed-use complex in the southern region of the new city and is separately working on the new capital\u2019s business district.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>EGX-listed snackfood maker<strong> Edita <\/strong><a href=\"https:\/\/ent.news\/2021\/2\/Edita-Press-Release-HOHO-Extreme-Launch-English.pdf\">has launched (pdf)<\/a> <strong>HoHos Extreme<\/strong>, a super-sized HoHos chocolate cake.<\/li>\n<li>Pharma player <strong>EIPICO<\/strong> could establish a new USD 35 mn factory with Kazakhstan\u2019s <strong>RTA Group<\/strong> and receive advanced manufacturing technology, after the two firms inked an MoU at the Egyptian-Kazakh Business Forum earlier this week, according to <a href=\"https:\/\/www.egx.com.eg\/downloads\/News\/%D8%A7%D9%8A%D8%A8%D9%8A%D9%83%D9%88%20%D8%A8%D9%8A%D8%A7%D9%86%2008-02-2021.pdf\">a bourse disclosure (pdf)<\/a>.<\/li>\n<li><strong>Telecom Egypt<\/strong> has <a href=\"https:\/\/www.totaltele.com\/508572\/Telecom-Egypt-taps-IBM-and-Red-Hat-for-hybrid-cloud-strategy\">contracted<\/a> <strong>IBM<\/strong> to develop its infrastructure based on hybrid cloud technology.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>China State Construction Engineering Corporation (CSCEC) is building five skyscrapers in New Alamein under a contract signed yesterday with the New Urban Communities Authority (NUCA), according to a cabinet statement. NUCA will arrange financing for the buildings, which include a 250-meter 68-storey high-rise and four other, 200 meter-high tower blocks. CSCEC, the world\u2019s largest construction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,3736,130,191,487,72,900,875,2293,879,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559943","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-china-state-construction-engineering-corporation","tag-construction","tag-edita","tag-eipico","tag-enterpriseam","tag-food-and-beverage","tag-new-administrative-capital","tag-new-alamein","tag-new-urban-communities-authority","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"6f29421c-f56b-4550-9862-7cdd6753b971","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559920],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Also on our radar on 9 February 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 9 February 2021\" \/>\n<meta property=\"og:description\" content=\"China State Construction Engineering Corporation (CSCEC) is building five skyscrapers in New Alamein under a contract signed yesterday with the New Urban Communities Authority (NUCA), according to a cabinet statement. NUCA will arrange financing for the buildings, which include a 250-meter 68-storey high-rise and four other, 200 meter-high tower blocks. CSCEC, the world\u2019s largest construction [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-09T03:50:35+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our radar on 9 February 2021\",\"datePublished\":\"2021-02-09T03:50:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"China State Construction Engineering Corporation\",\"construction\",\"Edita\",\"Eipico\",\"EnterpriseAM\",\"food and beverage\",\"new administrative capital\",\"New Alamein\",\"New Urban Communities Authority\",\"pharma\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/\",\"name\":\"Also on our radar on 9 February 2021 - 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CSCEC, the world\u2019s largest construction outfit by revenue, is also investing USD 3 bn in the new\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573659,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/12\/your-top-infrastructure-stories-of-the-week-16\/","url_meta":{"origin":559943,"position":1},"title":"Your top infrastructure stories of the week","author":"enterpriseam admin","date":"12 August 2020","format":false,"excerpt":"Your top infrastructure stories of the week: Modernizing irrigation systems: The Agriculture Ministry is planning to modernize the irrigation systems used in eight governorates by using drip irrigation, sprinkling, and laser land leveling systems.Auto dual-fuel transition: Egypt\u2019s auto firms requested 3-4 months to prepare technical know-how and finalize supply agreements\u2026","rel":"","context":"In \"Agriculture Ministry\"","block_context":{"text":"Agriculture Ministry","link":"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture-ministry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561883,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/25\/also-on-our-radar-on-25-april-2021\/","url_meta":{"origin":559943,"position":2},"title":"Also on our Radar on 25 April 2021","author":"enterpriseam admin","date":"25 April 2021","format":false,"excerpt":"EFG Hermes Corp Solutions has received some EGP 500 mn-worth of loan requests from brokerages looking to finance margin trades for their clients after the Financial Regulatory Authority recently moved to allow non-bank lenders to bankroll equity purchases on margin through brokerages.Other things we\u2019re keeping an eye on this morning:\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599541,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/orascom-construction-to-build-concrete-factory-in-new-alamein\/","url_meta":{"origin":559943,"position":3},"title":"Orascom Construction to build concrete factory in New Alamein","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has granted 50k square meters to Orascom Construction to establish a factory for concrete products in New Alamein, according to local news. The cost of the three-year project has not been disclosed.","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592081,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/phosphate-misr-inks-usd-842-mn-agreement-with-chinas-cscec-wengfu\/","url_meta":{"origin":559943,"position":4},"title":"Phosphate Misr inks USD 842 mn agreement with China\u2019s CSCEC, Wengfu","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China\u2019s Wengfu Group to set up a USD 842 mn phosphoric acid complex in Abu Tartoor, according to an Oil Ministry statement (pdf) The total cost of the project is estimated at USD\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574523,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/13\/hassan-allam-orascom-construction-to-build-five-towers-in-new-alamein\/","url_meta":{"origin":559943,"position":5},"title":"Hassan Allam, Orascom Construction to build five towers in New Alamein","author":"enterpriseam admin","date":"13 September 2020","format":false,"excerpt":"Orascom Construction and Hassan Allam have won contracts from the New Urban Communities Authority (NUCA) to build five towers in New Alamein, Al Shorouk reports, citing unnamed sources familiar with the matter. Hassan Allam won contracts for three towers while Orascom took home agreements to build two. The towers will\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=559943"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559943\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559920"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559943"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559943"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}