Egypt Gets Almost USD 2.7 bn in Funding for Sinai Development in 2020

Egypt teamed up with several international financial institutions for financing several development projects in the Sinai Peninsula, at a combined value of almost USD 2.7 bn (EGP 42.4 bn), in 2020.

Hassan Allam Holding Wins ‘Infrastructure Project of the Year’ Award

Hassan Allam Holding's (HAH) Al-Mahsama Irrigation Drain Water Treatment Plant in Sinai was named the "Infrastructure Project of the Year" at Dubai's 2019 Construction Innovation Awards, which recognizes the achie ...

Egypt to Net USD 9.1 bn Under US Mideast Peace Plan

Egypt is expected to net as much as USD 9.1 bn worth of investments as part of the White House's USD 50 bn Middle East economic plan, which calls for the development of a global investment fund to uplift the Pales ...

Sisi Inaugurates 12 Major Infrastructure Projects in Ismailia

Egyptian President Abdel Fattah El Sisi on May 5 inaugurated 12 mega national projects, connecting Sinai to the Nile Delta, a step which comes under the country’s pursued Sinai Peninsula development project.

AfDB Invested USD 2.8 bn in 30 Egyptian-Based Projects Since 2016: President

The African Development Bank Group's (AfDB) President Akinwumi Adesin said the bank has invested up to USD 2.8 bn in 30 Egyptian-based projects since the country kicked off its economic reform program in 2016

Gov’t to complete EGP 275 bn Sinai Development by 2022

The development of Egypt’s Sinai Peninsula is expected to be completed by 2022 at a cost of around EGP 275 bn

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