ELSEWEDY ELECTRIC, the leading wires and cables and integrated energy solution provider in the Middle East and Africa, announces on February 3 the partnership between its subsidiary Rowad Modern Engineering (RME) and Star-Light Company for Urban Development and Tourism, Invest-Gate reports.

 The agreement aims at establishing the Katameya Creeks compound in New Cairo at an estimated value of EGP 1.46 bn, , according to a company press release. The contract will be implemented over 36-month as of the signing date on a Turnkey basis.