News tagged "Egypt"

Egypt to invite US companies to pump more investments into projects

Egypt to invite US companies to pump more investments into projects

25th October 2018

According to *Daily News Egypt, President Abdel Fattah Al-Sisi called on American companies to visit the infrastructure projects carried out by the Egyptian government during the past period, such as the New Administrative Capital and the New Suez Canal, according to Tarek Tawfik, head of the American Chamber of Commerce in Cairo (AmCham).[..]

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Orascom Construction net income increases 113.5% in Q2 2018

Orascom Construction net income increases 113.5% in Q2 2018

7th September 2018

According to *Tradearabia news report, Orascom Construction, a leading global engineering and construction contractor in the region, said its net income attributable to shareholders increased 113.5 per cent in the second quarter of 2018 to $50.6 million compared to $23.7 million for the same period last year.[..]

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Orascom consortium wins contract for development of 500MW wind farm in Egypt

Orascom consortium wins contract for development of 500MW wind farm in Egypt

24th July 2018

According to *ME Construction News report, a contract for the development of a 500MW wind farm in Ras Ghareb, Egypt has been awarded to a consortium that includes Orascom Construction, Engie, and Toyota Tsusho Corporation/Eurus Energy Holdings Corporation. According to a statement from Orascom, the project will be delivered on a build-own-operate (BOO) model.[..]

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