Sunday 23 Feb

construction

Kuwaiti investments in Egypt reach $4.5 billion
2025/02/02

Kuwaiti investments in Egypt reach $4.5 billion

Minister of Investment and Foreign Trade, Hassan El-Khatib, has begun a visit to Kuwait to participate in the inaugural meetings of the joint Egyptian-Kuwaiti Trade...

Wadi Degla invests EGP 3 billion in construction projects
2025/01/29

Wadi Degla invests EGP 3 billion in construction projects

Wadi Degla Developments Company plans to invest 3 billion Egyptian pounds in construction projects this year, a substantial increase from the 2 billion pounds invested...

Talaat Moustafa Group: A leading recommendation for stock purchase in 2025
2025/01/27

Talaat Moustafa Group: A leading recommendation for stock purchase in 2025

According to a report by CI Capital Investment Bank analyzing the 2024 economic outlook for Egypt and the region, several companies are projected to deliver...

Acwa Power secures $700 million fund for Egyptian wind farm
2024/12/31

Acwa Power secures $700 million fund for Egyptian wind farm

Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...

Sawiris family bids to acquire Orascom Development Holding
2024/12/18

Sawiris family bids to acquire Orascom Development Holding

The Sawiris family, through their wholly-owned company LPSO Holding Ltd, has submitted a tender offer to acquire all outstanding shares of Orascom Development Holding. The...

Egypt embraces interlocking tiles for road paving
2024/11/10

Egypt embraces interlocking tiles for road paving

Dr. Rania AlMashat, Minister of Planning, Economic Development and International Cooperation, has received a report from the Regional Planning Sector detailing the progress of a...

Knauf, Hassan Allam team up to supply construction materials
2024/11/10

Knauf, Hassan Allam team up to supply construction materials

Knauf Egypt, a leading provider of modern building systems and solutions, has entered into a strategic partnership with Hassan Allam Construction to offer new services...

Sawiris warns of interest rate impact on real estate
2024/09/29

Sawiris warns of interest rate impact on real estate

Businessman Naguib Sawiris, Chairman of Orascom Telecom Holdings, has identified several new challenges facing the Egyptian real estate sector. Among the most pressing is the...