Egypt Signs USD 1.24 bn Light Rail Deal with AVIC

• Wednesday, 16th August 2017
• by Menna A. Farouk

Two Chinese state companies sign a USD 1.24 bn deal with Egypt to build a light rail system around Cairo, Xinhua reports.

Bombardier to Build Egypt’s New Metro Line with USD 4bn

• Wednesday, 12th July 2017
• by Menna A. Farouk

Egypt is signing a memorandum of understanding with Canadian plane and train manufacturer, Bombardier Inc., to finance and construct Cairo’s sixth metro line, with an initial cost estimated at USD 4 bn, Invest-Gate reports.

Egypt Sees 13 Road and Service Projects worth EGP 756 mn in FY16/17

• Thursday, 22nd June 2017
• by Farah Montasser

The Central Agency for Reconstruction has carried out new road and service projects in 12 governorates in the fiscal year 2016/2017, Invest-Gate reports.

Gov’t Implements Water, Sewage Projects Worth EGP 6.1 bn

• Wednesday, 21st June 2017
• by Menna A. Farouk

Minister of Housing and Urban Development Mostafa Madbouly announces the operation and delivery of new water and sewage projects in 18 governorates, Invest-Gate reports.  

EBRD Supports Rail Modernisation in Egypt

• Tuesday, 20th June 2017
• by Nayrouz Talaat

Millions of commuters across Egypt will benefit from a 290-mn-euro agreement that the Egyptian government has signed with the European Bank for Reconstruction and Development to upgrade the Egyptian National Railways (ENR) services and expand its fleet, Invest-Gate reports

South Korea’s LG Chem Wins Egypt Desalination Plant Supply Deal

• Tuesday, 13th June 2017
• by Menna A. Farouk

LG Chem, a South Korean company principally engaged in the manufacture of petrochemical materials, says it has been signed up by the UAE-based Metito as the sole supplier of reverse osmosis (RO) membranes for the upcoming seawater desalination plant that the global water treatment company is building in Port Said in Egypt, TradeArabia reports.

Egypt Inaugurates 1st Industrial Plastic Complex in Alex

• Monday, 12th June 2017
• by Nayrouz Talaat

Egypt inaugurates the first integrated industrial complex for plastics on a land plot spanning an area of 25 feddans, in order to encourage the establishment of more logistics and value-added institutions that help boost surrounding industrial zones, Invest-Gate reports.

EBRD to Upgrade Sewage Water System in Fayyoum for EUR 186 mn

• Sunday, 28th May 2017
• by Nayrouz Talaat

Egypt and the European Bank for Reconstruction and Development (EBRD) have signed, today, a- EUR 186-mn- project aimed at upgrading sewage water system in Fayyoum governorate, west of Cairo... Nayrouz Talaat reports for Invest-Gate

NBE Offers EGP 200 mn Funding to Social Housing Project

• Sunday, 28th May 2017
• by Menna A. Farouk

The National Bank of Egypt (NBE) will donate EGP 200 mn to finance the construction of “Ahalina” social housing project, Invest-Gate reports.

Egypt, EU Conclude EUR 1.4 mn Program to Improve Performance of Quality Infrastructure

• Thursday, 25th May 2017
• by Nayrouz Talaat

Egypt and the European Union are concluding a EUR 1.4 mn program aimed at supporting and strengthening the performance of the Egyptian Quality Infrastructure within the national reform priorities so that it is aligned with European and international best practices for building capability, Invest-Gate reports.