News / Egypt

Egypt, China to Build EGP 303 mn Substation in Madinaty II

The Egyptian Electricity Transmission Company (EETC) has partnered with a Chinese consortium to build a substation in Madinaty II, east Cairo, at costs estimated at EGP 303 mn.

Egypt, AFD Ink EUR 50 mn Deal to Revamp Cairo Metro Line I

Minister of International Cooperation Rania Al-Mashat has signed a EUR 50 mn (EGP 912.6 mn) agreement with Agence Française de Développement (AFD) to finance the upgrading of Cairo Metro Line I.

Orascom Donates Emergency Unit in Qasr El Aini Hospital

Egypt-based Orascom Construction has successfully funded, built, and fitted a new 170-square-meter Emergency Gynaecology Unit at Qasr El Aini Hospital in Egypt.

Dawi Clinics Sets Foot in Nile Delta

Outpatient healthcare services provider Dawi Clinics expands outside the capital city and set foot into the Nile Delta, opening a new branch in Tanta.

Egypt Earmarks EGP 93.5 bn for Healthcare in FY 2020/21

Minister of Planning and Economic Development Hala El Saeed has uncovered the allocation of EGP 93.5 bn to the Egyptian healthcare sector in the FY 2020/21 budget, reflecting a 28% hike from allotments of the year-ago period.

AfDB Extends EUR 225 mn for Egypt’s Power Industry, Economic Growth

The African Development Bank Group (AfDB) will grant EUR 225 mn (EGP 4.1 bn) in financing to Egypt’s Electricity and Green Growth Support Program (EGGSP), in a bid to provide necessary funds to combat the pandemic and "support a sound electricity infrastructure base."

EIB Endows EUR 122.7 mn for Egypt’s Sanitation, Transport Sectors

Egypt has approved three funding agreements with the European Investment Bank (EIB) to finance local sanitation and transportation sectors at a combined value of EUR 122.7 mn (EGP 2.23 bn).

Elsewedy, El Mostakbal Agree on EGP 423.3 mn Infrastructure Work

El Mostakbal for Urban Development has signed an EGP 423.3 mn deal with Elsewedy Electric's unit to carry out electricity and telecommunications infrastructure of the latter east Cairo project’s phase III.

Hassan Allam Wins 8,000-Acre Infrastructure Works in West Cairo

Ministry of Housing, Utilities, and Urban Communities has awarded Hassan Allam Construction (HAC), a subsidiary of Hassan Allam Holding (HAH), an 8,000-acre infrastructure project in Sheikh Zayed, aiming to provide utilities to serve 1 mn citizens.

Gov’t Offers 768 Social Housing Units for COVID-19 Care

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has mandated the provision of 768 social housing units in Minya and Fayoum as temporary isolation housing or wards for Coronavirus patients.

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