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Elsewedy Electric to Get EUR 41.7 mn Loan From NBG

​Elsewedy Electric, an energy and infrastructure solution provider, will get from National Bank of Greece (NBG) a bilateral bond loan up to EUR 41.745 mn (EGP 783.026 mn) to finance the former's acquisition of renewable energy projects in Greece.

Ras Ghareb’s 250 MW Windfarm Supplies Power to Grid: Orascom

Orascom Construction announced that the 250-megawatt wind farm at Ras Ghareb, the second-largest city in Red Sea Governorate, has successfully managed to deliver power to the grid.

President Sisi Approves FY 2019/20 Budget: Official Gazette

The Egyptian official gazette has officially released that President Abdel-Fattah El-Sisi ratified the FY 2019/20 state budget, effective as of July.

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,

New Damietta Sees Delivery of Over 3,716 Dar Misr Units: Official

Head of New Damietta Development Authority Mohamed Ragab said 2,616 and 1,100 residential units were handed over to beneficiaries at phase I and phase II of Dar Misr middle-income housing project, respectively, with more deliveries ongoing

Gov’t to Deliver 288 Dar Misr Units in October Gardens Mid-July

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 27 that 288 housing units, within 12 buildings, at the first phase of Dar Misr middle-income project in October Gardens, west Cairo, will be delivered to recipients starting July 18.

New Minya to Have 20,000 Cubic Meter Sanitation Plant

New Minya will soon see the completion of a wastewater treatment plant, with a capacity of 20,000 cubic meters per day as a first phase

Al Riyadh Misr Awards Free Gardens for Buyers During AFCON 2019

Egypt-based Al Riyadh Misr for Real Estate Development is awarding a free 30-square-meter garden for those buying units at its projects in Shorouk City and New Cairo during the 2019 Africa Cup of Nations (AFCON)

Steigenberger Hotels Unveils New Property in Cairo

Deutsche Hospitality's luxury brand Steigenberger Hotels and Resorts is growing its portfolio in Egypt with its 12th hotel venture, "Steigenberger Pyramids Cairo," nestled amidst Giza Pyramids and Grand Egyptian Museum.

El Gazzar Says 4,704 Units at New Mansoura’s Sakan Misr 82% Done

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 4,704 housing units, spreading across 196 separate buildings, are 82% done at New Mansoura's Sakan Misr middle-income project

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