News tagged "Egypt"

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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Real estate market in Cairo registers good performance

Real estate market in Cairo registers good performance

18th July 2018

According to *Tradearabia news report, the real estate market in Egyptian capital Cairo has witnessed an ongoing uplift in performance across most sectors with the residential sector, in particular benefiting from increased sale prices in 2018, said leading property expert JLL.[..]

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