Siemens is set to add 1,200MW to the national electricity grid by the end of May from …
new administrative capital
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Real Estate
Chinese firm to develop phase II, III in Egypt’s New Capital with $20b
by Noha Gadby Noha GadChina’s Fortune Land Development (CFLD) signed an agreement with Egyptian government to develop second and third phases …
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Real Estate
Arab Contractors: Ongoing works on Egypt new capital projects worth $315 mln
by Ghada Ismailby Ghada IsmailEgypt’s Arab Contractors is currently carrying out infrastructure and housing projects worth 2.8 million Egyptian pounds ($315 …
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Real Estate
Egyptian-Chinese MOUs signed for administrative capital projects
by Noha Gadby Noha GadAn Egyptian-Chinese alliance was formed following the signing of seven memorandums of understanding (MOUs) to implement projects …
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Banks
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds (US$1.26 …
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Egyptian investment minister Ashraf Salman signed Wednesday a memorandum of understanding with a Chinese company to develop …
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Industry & Trade
Local Steel Factories can meet Needs of Egypt’s New Capital Project
by Noha Gadby Noha GadThe capacities of local steel factories can meet the needs of the New Administrative Capital project and …
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Real Estate
Palm Hills, Madinet Nasr to establish New Housing Project in Eastern Cairo
by Noha Gadby Noha GadPalm Hills Developments has signed a contract with Madinet Nasr for Housing and Development (MNHD) to establish …
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Egypt’s government will introduce utilities to the new administrative city at a cost of LE2 billion, Kamal …
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Real Estate
A UAE-Egyptian Firm formed to carry out Egypt’s New Capital Project
by Noha Gadby Noha GadEgyptian Ministry of Housing and Abu Dhabi-based Eagle Hills have launched a new company, responsible for the …