News / Construction

Arabian Cement Inks Petroleum Coke Deal with Egyptian Refining Co.

Arabian Cement Company (ACC) announced on July 31 the signing of an agreement with the Egyptian Refining Company to supply local petroleum coke, also known as pet coke, with an annual volume of 300,000 tons as of July 2019.

Jubail Island to See AED 50+ mn Marine Works for 8M

Jubail Island Investment Company (JIIC) has awarded an AED 50+ mn marine works contract to National Marine Dredging Company (NMDC) for the AED 5 bn mixed-use Jubail Island megaproject in Abu Dhabi, which is set to last for eight months long

Orascom Construction Adds USD 935 mn to Backlog in Q2

Egypt-based Orascom Construction has unveiled that new awards grew 40% YoY to around USD 935 mn (EGP 15.52 bn)  in the second quarter of 2019.

Hassan Allam Construction to Build Water Treatment Plant in West Cairo

Hassan Allam Construction (HAC), Hassan Allam Holding's (HAH) flagship construction company, was awarded an engineering, procurement, and construction (EPC) contract to build a water treatment plant in 6th of October City, west Cairo, with a capacity of 400,000 cubic meters per day,

Consortium Bidding for Egypt’s 1st Dry Port Starts in July

Egypt’s transport ministry, along with the public-private partnership (PPP) central unit - affiliated to the finance ministry, will start accepting technical and financial tenders for building the first dry port in 6th of October Industrial Zone, west Cairo, as of July 11.

Hassan Allam Holding Buys Majority Stake in Bioworks

Egypt's Hassan Allam Holding (HAH) has acquired a majority stake in German Bioworks AG, a global player in water and wastewater technology, representing a major extension to the former’s offerings and a pivotal expansion into the waste and water industries in the GCC, US, China, Africa, Russia, and CIS countries.

Orascom Construction JV to Build Water Treatment Plant for USD 739 mn

Orascom Construction has announced that its 50:50 joint venture (JV) with Arab Contractors has signed an engineering, procurement, and construction (EPC) contract worth USD 739 mn to build a water treatment plant in Egypt

Orascom Construction Seals USD 475 mn Deals in Q1 2019

Egypt-based Orascom Construction has announced adding new contracts worth USD 475 mn to its backlog during the first quarter of 2019, driving the company’s consolidated backlog to hit nearly USD 4.2 bn as of March 31.

Cement Division Launches 1st Website for Industry Producers

Cement Division, a subsidiary of Building Materials Chamber at the Federation of Egyptian Industries (FEI), announced on April 22 the launch of its first website, which will provide information to all concerned parties in cement industry in Egypt.

Arabian Cement Appoints Salvador Cabanas Lopez as CFO

Egypt’s cement producer Arabian Cement Company (ACC) said its board decided on April 14 the appointment of Salvador Cabanas Lopez as the chief financial officer (CFO).

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