{"id":653488,"date":"2024-10-17T00:00:00","date_gmt":"2024-10-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/"},"modified":"2024-10-17T00:00:00","modified_gmt":"2024-10-17T00:00:00","slug":"arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/","title":{"rendered":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,"},"content":{"rendered":"

INFRASTRUCTURE- <\/p>\n

#1- Arab Contractors to build 56 km, USD 70 mn road in Uganda: <\/strong>Local construction firm Arab Contractors signed a USD 70 mn agreement with the Uganda National Roads Authority for the design and construction of the 56 km-long Iganga-Kamuli road project, according to a statement<\/a>. The road project \u2014 Arab Contractors' fifth in the country in as many years \u2014 will connect a number of cities and is expected to enhance Uganda\u2019s export trade, particularly with neighboring Kenya.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

\n

\n

#2- Gov\u2019t will within weeks offer a desalination plant to private players <\/strong>to be implemented under a public-private partnership (PPP) in the Suez Canal Economic Zone, the Finance Ministry's PPP unit head Atter Hannoura told Al Arabiya<\/a>. The new plant is set to desalinate some 250k cubic meters of seawater daily. <\/p>\n

The first of many? <\/strong>The government plans to offer more desalination plants early next year, he added.<\/p>\n

We heard this was coming: <\/strong>SCZone director Ahmed Saad said Tuesday<\/a> that the zone was close to launching its first-ever water desalination PPP, adding that the plant will be used to help produce green hydrogen in the SCZone.<\/p>\n

PRIVATIZATION-<\/p>\n

Elhefny pitches Copelouzos Group on our airport privatization plans:<\/strong> Civil Aviation Minister Sameh Elhefny met with a delegation from Greek infrastructure investment company Copelouzos Group<\/a> to discuss potential joint projects to develop, manage, and operate airports in the country, according to a ministry statement<\/a>. <\/p>\n

Remember:<\/strong> We\u2019ve been on the lookout for airport privatization news since Prime Minister Moustafa Madbouly said earlier this week<\/a> that some \u201cimportant\u201d updates regarding our plans to privatize airports and banks would be announced soon. The Madbouly government first revealed in November 2023<\/a> that it planned to invite private sector players \u2014 including foreign companies \u2014 to take over the management of airports<\/a> in the country.<\/p>\n

Copelouzos is no stranger to Egypt:<\/strong> The company recently signed a partnership agreement with state gas firm EGAS to set up a Greece-headquartered JV<\/a> focused on the trade, transport, supply, and regasification of natural gas in Eastern Europe and Greece. Copelouzos and Infinity Power are also developing renewable energy projects<\/a> to supply energy to the 3 GW Greece-Egypt Interconnector (GREGY)<\/a>.<\/p>\n

\n

BANKING-<\/p>\n

More banks are cutting rates on their high-yield CDs:<\/strong> CIB<\/a> and HSBC<\/a> cut interest rates on their local currency high-yield CDs yesterday. CIB has lowered interest rates on its premium, plus, and prime three-year fixed-rate CDs by 2 percentage points to 20%, 19%, and 18%, respectively, while HSBC has slashed its three-year fixed CD by 1.5 percentage points to 20.5%.<\/p>\n

\n

MANUFACTURING- <\/p>\n

#1- <\/strong>Alporsaideya For Food Industries<\/a><\/strong> will invest EUR 5 mn in a new ghee <\/strong>production line<\/strong>, with the company in talks with a German company to source parts for the new line, CEO Mohamed Soliman told A<\/a>l M<\/a>al<\/a>. The production line is set to produce 120 tons of ghee daily once it begins operation in six months\u2019 time, with the company currently in negotiations to rent a temporary line for ghee production until the project\u2019s completion.<\/p>\n

\n

\n

#2- EGFCO to launch new polyethylene pipe plant: <\/strong>Pipe producer EGFCO<\/a> has completed construction work on its new polyethylene pipe factory in Tenth of Ramadan, Al Mal<\/a> reports, citing managing director Karim Sadek. The plant will manufacture pipes for key sectors like natural gas, water, sewage, and irrigation, supporting Egypt\u2019s infrastructure development. The firm \u2014 a JV between Egypt Gas, the Swiss GF Piping Systems<\/a>, and the UAE\u2019s GF Corys<\/a> \u2014 also plans to target new export markets in north and east Africa.<\/p>\n

\n

EARNINGS-<\/p>\n

Kima\u2019s revised FY 2023-24 earnings see net income more than double in:<\/strong> Egyptian Chemical Industries (Kima) saw its net income rise 120% y-o-y to EGP 2.5 bn during the fiscal year 2023-2024, it said in its revised earnings release (pdf)<\/a> for the fiscal year. Total sales fell 1.2% to EGP 6.5 bn during the fiscal year. Pre-revision the company had reported<\/a> a 93.9% y-o-y dip in its net income to EGP 70 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project is Arab Contractors\u2019 fifth in Uganda in as many years<\/p>\n","protected":false},"author":1,"featured_media":653489,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[111,833,240,130,72,490,7111,253,131,6702,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-arab-contractors","tag-cib","tag-construction","tag-enterpriseam","tag-hsbc","tag-infrastructure","tag-kima","tag-manufacturing","tag-sczone","tag-water","wpautop","entry"],"acf":{"mongo_id":"1a1c99b9-3761-42fc-985c-92bfa6efc431","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/1399.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Arab Contractors will build USD 70 mn road in Uganda","related_issue":[653467],"teaser":"The project is Arab Contractors\u2019 fifth in Uganda in as many years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.2d6a3310-192f-4549-b9aa-dd4644148f8b.mp3"},"yoast_head":"\nArab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC, - 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\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,\" \/>\n<meta property=\"og:description\" content=\"The project is Arab Contractors\u2019 fifth in Uganda in as many years\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,\",\"datePublished\":\"2024-10-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\"},\"wordCount\":673,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"Arab Contractors\",\"CIB\",\"construction\",\"EnterpriseAM\",\"HSBC\",\"infrastructure\",\"Kima\",\"Manufacturing\",\"SCZone\",\"water\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\",\"name\":\"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC, - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-10-17T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC, - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/","og_locale":"en_US","og_type":"article","og_title":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,","og_description":"The project is Arab Contractors\u2019 fifth in Uganda in as many years","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-10-17T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,","datePublished":"2024-10-17T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/"},"wordCount":673,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","Arab Contractors","CIB","construction","EnterpriseAM","HSBC","infrastructure","Kima","Manufacturing","SCZone","water"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/","name":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC, - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1","datePublished":"2024-10-17T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/17\/arab-contractors-will-build-usd-70-mn-road-in-uganda-plus-news-from-cib-hsbc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Arab Contractors will build USD 70 mn road in Uganda. PLUS: News from CIB, HSBC,"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1399.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":624890,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/20\/arab-contractors-wins-usd-54-mn-contract-to-upgrade-road-in-uganda\/","url_meta":{"origin":653488,"position":0},"title":"Arab Contractors wins USD 54 mn contract to upgrade road in Uganda","author":"enterpriseam admin","date":"20 September 2018","format":false,"excerpt":"Arab Contractors announced yesterday winning a USD 54 mn contract to upgrade the Masaka- Bukakata road in Uganda, Chairman Mohamed Salah said. The project is funded through a loan from the Arab Bank for Economic Development and the OPEC Fund for International Development to the Ugandan government, according to Chimp\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626685,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/arab-contractors-looking-to-get-in-on-usd-400-450-mn-worth-of-infrastructure-projects-in-africa\/","url_meta":{"origin":653488,"position":1},"title":"Arab Contractors looking to get in on USD 400-450 mn worth of infrastructure projects in Africa","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Arab Contractors is competing for USD 400-450 mn worth of infrastructure projects in Mauritania, Cote d\u2019Ivoire, Uganda, and Senegal, head of the company\u2019s Africa sector Ibrahim Mabrouk said, Al Masry Al Youm reports. The projects include building roads and bridges and sanitation pipelines. The company has been looking at expanding\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599066,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/banque-misr-to-provide-letters-of-guarantee-worth-usd-162-mn-for-orascom-construction-and-arab-contractors\/","url_meta":{"origin":653488,"position":2},"title":"Banque Misr to provide letters of guarantee worth USD 162 mn for Orascom Construction and Arab Contractors","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"Banque Misr is set to provide letters of guarantee worth USD 162 mn for Orascom Construction and Arab Contractors for the water treatment plant project in Bahr Al Baqar, banking officials told Al Shorouk. The letters will be provided over two tranches with the first one worth 20% of the\u2026","rel":"","context":"In "Banking + Finance"","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":650737,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/arab-contractors-looking-for-more-work-in-african-countries\/","url_meta":{"origin":653488,"position":3},"title":"Arab Contractors looking for more work in African countries","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"Arab Contractors is in negotiations in a number of African countries for contracts to complete infrastructure projects, Al Borsa reports. The projects include road works and water and sanitation pipelines in countries including Uganda, Nigeria, Togo, and Kenya. The company says it is still facing challenges with payment collections in\u2026","rel":"","context":"In "Infrastructure"","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":[]},{"id":546766,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/orascom-construction-siemens-and-arab-contractors-consortium-ink-multi-bn-usd-high-speed-rail-contract\/","url_meta":{"origin":653488,"position":4},"title":"Orascom Construction, Siemens and Arab Contractors consortium ink multi-bn USD high-speed rail contract","author":"enterpriseam admin","date":"29 May 2022","format":false,"excerpt":"Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of the planned 2k-km high-speed rail line, Siemens and our friends at OC said in statements yesterday (here and here, pdf). The consortium will design, install, commission and maintain the line\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593931,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/china-egypt-sign-usd-571-mn-in-contracts-for-electric-train-project\/","url_meta":{"origin":653488,"position":5},"title":"China, Egypt sign USD 571 mn in contracts for electric train project","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"China has signed contracts worth USD 571 mn with Egypt for the maintenance and implementation of its planned Al-Salam City-new capital-Tenth of Ramadan electric train line, the Transport Ministry said in a statement. This included a 13-year, USD 110 mn maintenance contract, and USD 461 mn worth of agreements with\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"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\/653488","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=653488"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653488\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/653467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/653489"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=653488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=653488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=653488"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=653488"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=653488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}