{"id":560981,"date":"2021-03-21T04:09:22","date_gmt":"2021-03-21T04:09:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/also-on-our-radar-on-21-march-2021\/"},"modified":"2021-03-21T04:09:22","modified_gmt":"2021-03-21T04:09:22","slug":"also-on-our-radar-on-21-march-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/21\/also-on-our-radar-on-21-march-2021\/","title":{"rendered":"Also on our Radar on 21 March 2021"},"content":{"rendered":"<p><strong>Marakez<\/strong> <a href=\"https:\/\/ent.news\/2021\/3\/C.-Press-Release-Groundbreaking-EN.pdf\">has begun (pdf)<\/a> construction of its <strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/09\/marakez-to-build-mall-in-egypts-mansoura-city-2\/\">mall in Mansoura<\/a><\/strong>, in which it will invest EGP 1 bn during the first phase.<\/p>\n<p><strong>Saipem is interested in taking part in the planned construction of <\/strong><strong>Cairo Metro\u2019s<\/strong><strong> sixth line<\/strong>, which is expected<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c153c096-6916-43f7-b79d-f4ae3916372c\">to be led by US infrastructure giant Bechtel<\/a>, the Transport Ministry said in <a href=\"https:\/\/bit.ly\/2NyGayD\">a statement<\/a>. The Italian contractor is currently bidding in the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6892cd42-3fe0-4e7e-9c22-7e2ebf8b825e\">ministry\u2019s tender<\/a> to convert Alexandria\u2019s Abu Qir railway into an underground metro, the statement said without providing further details.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Tenders for four <strong>water desalination plant projects<\/strong> in El Hammam, El Quseir, Marsa Alam, and Safaga with a combined daily output capacity of 240 cbm will be <a href=\"https:\/\/bit.ly\/3c4lEj2\">launched shortly<\/a> for private sector participation.<\/li>\n<li>Italian travel companies are <a href=\"https:\/\/bit.ly\/3cUBXxN\">looking to resume<\/a> <strong>charter flights between Italy <\/strong>and some of Egypt\u2019s tourist destinations, including Sharm El Sheikh, starting this summer.<\/li>\n<li>Telecom Egypt will establish a <strong>new fiber optic connection<\/strong> between the Red Sea and the Mediterranean under<a href=\"https:\/\/bit.ly\/3vKnhtM\">an agreement<\/a> with the Suez Canal Authority and the Armed Forces\u2019 Signal Corps.<\/li>\n<li>Car owners <a href=\"https:\/\/www.mof.gov.eg\/posts\/media\/60546fbf5e4114000928c9e0\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9%3A-%D8%AE%D9%81%D8%B6-%D9%85%D8%AF%D8%A9-%D8%AA%D9%85%D9%84%D9%83-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A9-%D8%A5%D9%84%D9%89-%D8%B9%D8%A7%D9%85%D9%8A%D9%86-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D9%81%D8%A7%D8%AF%D8%A9-%D9%85%D9%86-%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%C2%AB%D8%A5%D8%AD%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D9%82%D8%A7%D8%AF%D9%85%D8%A9%C2%BB\">now only need<\/a> to have owned their vehicles for two years to qualify for a replacement under <strong>the state\u2019s natural gas transition plan<\/strong>, down from a minimum three years previously.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Marakez has begun (pdf) construction of its mall in Mansoura, in which it will invest EGP 1 bn during the first phase. Saipem is interested in taking part in the planned construction of Cairo Metro\u2019s sixth line, which is expectedto be led by US infrastructure giant Bechtel, the Transport Ministry said in a statement. The [&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":[111,214,72,7111,336,209,895,338,3835,7103,212,207,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560981","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cit","tag-enterpriseam","tag-infrastructure","tag-italy","tag-kamel-el-wazir","tag-marakez","tag-retail","tag-saipem","tag-suez-canal","tag-telecom-egypt","tag-transport","tag-water","wpautop","entry"],"acf":{"mongo_id":"1c343896-2acc-4d73-b996-567e5f29dd54","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560963],"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 21 March 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\/03\/21\/also-on-our-radar-on-21-march-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 21 March 2021\" \/>\n<meta property=\"og:description\" content=\"Marakez has begun (pdf) construction of its mall in Mansoura, in which it will invest EGP 1 bn during the first phase. Saipem is interested in taking part in the planned construction of Cairo Metro\u2019s sixth line, which is expectedto be led by US infrastructure giant Bechtel, the Transport Ministry said in a statement. 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The lending banks are Banque Misr, Banque du Caire, the Arab African International Bank, Misr Iran Development Bank,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544961,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/29\/cds-see-egp-260-bn-in-inflows-in-a-week\/","url_meta":{"origin":560981,"position":3},"title":"CDs see EGP 260 bn in inflows in a week","author":"enterpriseam admin","date":"29 March 2022","format":false,"excerpt":"More than a quarter of a tn EGP now invested in CDs: More than EGP 260 bn has been poured into the 18% CDs launched by Banque Misr and the National Bank of Egypt (NBE) last Monday in the wake of the Central Bank of Egypt\u2019s 100-bps rate hike. Savers\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":562182,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/10\/also-on-our-radar-on-10-may-2021\/","url_meta":{"origin":560981,"position":4},"title":"Also on our Radar on 10 May 2021","author":"enterpriseam admin","date":"10 May 2021","format":false,"excerpt":"Ibnsina Pharma will digitialize health services offered by the General Authority of Healthcare in hospitals that serve the country\u2019s universal healthcare system under an agreement signed on Thursday, Ibnsina said in a statement (pdf). The contract will see Ibnsina digitize the authority\u2019s supply chain and develop applications that offer virtual\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":599227,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/marakez-to-open-mall-of-tanta-this-fall\/","url_meta":{"origin":560981,"position":5},"title":"Marakez to open Mall of Tanta this fall","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"Marakez will open its Mall of Tanta this fall, the company said in a statement (pdf). The EGP 1 bn complex spans 33 acres and will house 140 shops, 30 restaurants and cafes, and a cinema. 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