Acwa Power to invest around US$ 3 bn in Egypt’s electricity projects
18th March 2019
According to *Tradearabia news report, Saudi-based Acwa Power, a major developer of power and water desalination projects, is set to invest around $3 billion in Egypt’s electricity projects during this year. [..]
Savills signs prominent JV with Egyptian company Sphere
15th March 2019
According to *MENA Herald news report, global real estate advisor, Savills announced the signing of a prominent joint venture with Egyptian company Sphere, to cover the full range of real estate services in Egypt. The new partnership, which will trade as Savills, will combine local knowledge with international best practice. As a result of this partnership, Savills has established a new team in Egypt which will grow from three to around 30 people in the next few months.[..]
Cityscape to explore regional real estate landscape with three shows
13th March 2019
Market dynamics of Egypt, Saudi Arabia and UAE capital to air in trio of expos and conferences[..]
Hill International wins contract to provide project management services for Taj City and Sarai
8th March 2019
According to *Constructionweekonline news report, Hill International has won a contract to provide project management services for Taj City and Sarai, two mixed-use megaprojects under development by Madinet Nasr for Housing and Development (MHND) in Egypt.[..]
Acwa Power, Egypt government sign agreement for 2,250 MW electricity plant in Luxor
26th February 2019
According to *Constructionweekonline news report, Saudi Arabia-based energy Acwa Power has reportedly signed an agreement with the Egyptian Government for an electricity plant with a capacity of 2,250MW in Luxor, with total investments estimated at $2.5bn.[..]
Alcazar Energy completes US$ 69 mn project at Egypt's Benban Solar Park
24th January 2019
According to *Constructionweekonline news report, a solar project worth $68.6m with the capacity of 64-megawatt peak (MWp) has started commercial operations within Benban Solar Park in Aswan as Egypt adds renewables to its energy roadmap.[..]
Honeywell in discussions with Egypt and Saudi Arabia on smart city development plan
22nd January 2019
According to *Constructionweekonline news report, Honeywell Building Solutions is in discussions with Egypt and Saudi Arabia regarding their ongoing smart city development plans, a management figure from its Gulf offices has revealed.[..]
Egypt has agreed US$ 1.2 bn light rail system deal
18th January 2019
According to *Tradearabia news report, Egypt has agreed a $1.2 billion deal with the Export-Import Bank of China (EximBank) to finance a light rail system from an industrial city on the outskirts of Cairo to a new capital it is building, according to a Reuters report.[..]
Orascom Development Holding inks deal with Thomas Cook to build two hotels in Egypt
20th December 2018
According to *ME Construction News report, developer Orascom Development Holding (ODH) has inked a deal with Thomas Cook to build two hotels in Egypt. The Casa Cook hotel will open in a prominent area of the Red Sea development, while Cook’s Club will open in El Gouna.[..]
Jamal Al Ghurair to build US$ 1 bn agro-industrial complex in Egypt
18th December 2018
According to *Constructionweekonline news report, Jamal Al Ghurair, managing director of Dubai’s Al Khaleej Sugar Refinery, will build a $1bn (AED3.67bn) agro-industrial complex to manufacture beet sugar, in collaboration with the Egyptian government.[..]