Thursday, 24 December 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.
Monday, 21 October 2019
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 achievements of the region’s construction professionals
Monday, 24 June 2019
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 Palestinian and neighboring Arab state economies.
Wednesday, 8 May 2019
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.
Friday, 9 November 2018
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
Wednesday, 2 May 2018
The development of Egypt’s Sinai Peninsula is expected to be completed by 2022 at a cost of around EGP 275 bn