Renovation of Alexandria’s Tramline to Begin in Early 2021: NAT

The National Authority for Tunnels (NAT) will begin transforming Alexandria's El Raml tramway network – the oldest tram system in Africa and one of the oldest in the world – into a metro line worth EUR 360 mn (EG ...

Elsewedy Electric Wins Institutional Investor’s Award Twice

Egypt-based Elsewedy Electric was ranked third place in the "Most Honored" segment for the second time in the Institutional Investor's 2020 Emerging Europe, the Middle East, and Africa (EMEA) Executive Team survey ...

TSFE, Housing Ministry Discuss EGP 30 bn National Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and The Sovereign Fund of Egypt (TSFE) Chairperson Hala El Saeed have discussed means of cooperation in several national developments, at a com ...

Siemens Energy to Power Alexandria’s Bashayer El Khair Project

Germany-based Siemens Energy has been picked by the Egyptian Electricity Transmission Company (EETC) to connect Alexandria's Bashayer El Khair residential project with the country’s national grid.

NUCA Offers Almost 3,100 Plots in 11 New Cities via Lottery

The New Urban Communities Authority (NUCA) will offer 3,098 housing plots in 11 new cities, ranging between 209 and 287 square meters, through a land lottery system from September 15 to October 15.

Egyptian-Chinese Consortium to Build Ain Sokhna-Alamein Railway

An Egyptian-Chinese consortium has won a USD 9 bn (EGP 142.19 bn) tender for the design, finance, and operation of a high-speed rail, linking Ain Sokhna and New Alamein, with a speed of 250 kilometers per hour.

Elsewedy Electric to Build EGP 355.5 mn Substation in Sadat City

Elsewedy Electric's unit Elsewedy Electric for Trading and Distribution has announced an EGP 355.5 mn engineering, procurement, and construction (EPC) contract to establish a new substation in Sadat City, northwes ...

Gov’t Invests EGP 174 bn in Water, Sewerage Sector in 6 Yrs

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has confirmed that almost EGP 174 bn were invested in Egypt's potable water and sanitation sector in the last six years.

Egypt Targets EGP 134.2 bn Seawater Desalination Plants

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said merely EGP 134.2 bn are planned for investment to build several seawater desalination plants nationwide, in response to a possible water c ...

Hassan Allam to Construct New Railway Station in Giza

Hassan Allam Holding (HAH) was awarded the design and construction of Bashteel Railway Station in Giza, west Cairo, under the supervision of Transport Ministry and National Railways Authority of Egypt.

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