Egypt, Bombardier Agree on EUR 3 bn Monorail Project

Egypt partnered on August 4 with Canada’s Bombardier Transportation for planned EUR 3 bn monorail project, linking 6th of October City to the New Administrative Capital (NAC)

EMPC Intends to Acquire 55.3% Stake in Arabia Investment

State-run Egyptian Media Production City’s (EMPC) board has greenlit talks to acquire a 55.3% stake in Mövenpick Hotel Cairo-Media City of Arabia Investment and Tourist Development, a subsidiary of Arabia Group, f ...

New Shorter Cairo-Sharm El Sheikh Route to Open Before July

Egyptian Armed Forces Engineering Authority is on the verge to finalize Oyoun Mousa-Sharm El Sheikh Road - a new 340-kilometer tunnel road that will shorten the trip from Cairo to Sharm El Sheikh to four hours - i ...

Bombardier-Led Consortium Ideal Bidder for EUR 3 bn Monorail Project

A consortium of Orascom Construction, Arab Contractors, and Bombardier Transportation was selected as the preferred bidder to carry out a EUR 3 bn (USD 3.36 bn) monorail project, linking 6th of October City to the ...

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 ...

Arab Contractors Finalizes 90% of NAC’s Parliament Building

Arab Contractors' Chairman Mohsen Salah has revealed that 90% of the concrete works at the New Administrative Capital's (NAC) parliament building, located in the new city's government district, has been completed. ...

National Projects Revitalize Egyptian Construction Market: Arab Contractors

Arab Contractors Chairman Mohsen Salah said Egypt's vast series of national projects over the past years has contributed to revitalizing the country's construction market and ending a colossal chunk of its stagnat ...

Arab Contractors Awarded USD 43 mn Road Project in Uganda

Arab Contractors Company Chairman Mohsen Salah said the company has been awarded the renewal and development process of Masaka-Bukakata road in southern Uganda

Arab Contractors Eyes EGP 400 mn Profits by Year-End

Arab Contractors, an Egyptian construction and contracting company, eyes to achieve profits of EGP 400 mn by the end of 2018, with investments worth EGP 20 bn in projects across Arab and African countries

Arab Contractors Finalizes First Phase of El Nahda Tunnel

Arab Contractors, an Egyptian construction and contracting company, has revealed finalizing the construction work at one of the directions of El Nahda Tunnel project in Giza with a length of 550 meters

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