Tag: Egypt

Construction & Real Estate

GE Vernova receives order for upgrades at Egypt power plants

GE Vernova said it has received an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), for upgrades and services at MDEPC’s Bahna and Nubaria power plants in Egypt. ...

Construction & Real Estate

Miran Hills in deal to develop premium waterfront project in Egypt

UAE-based Miran Hills Real Estate said it has entered into an agreement with Ras El Hekma Urban Development Project Company to secure rights for development of a prime parcel of land in a premier coastal destination on Egypt’s North Coast, into a landmark waterfront destination. ...

Construction & Real Estate

Saudi Intermaint lands EPC contract for cement mill project

Saudi Intermaint, a leading contractor delivering construction, fabrication and maintenance services for heavy industry across the Gulf, has secured its first EPC contract for a cement mill project. The scope of work includes engineering and execution capabilities at the plant. ...

Construction & Real Estate

Talaat Moustafa Group, EEP to establish new university in Noor City

Talaat Moustafa Group (TMG), a leading real estate and tourism development company, and Egypt Education Platform (EEP), a leading education service provider in Egypt, have formed an alliance to establish a flagship private university within Noor City, one of TMG’s fully integrated master developments located East of Cairo....

Construction & Real Estate

Egypt's Palm Hills Developments, EFG Hermes close E£2bn securitised bond

Leading Egyptian real estate developer Palm Hills Developments (PHD) has joined hands with top investment bank EFG Hermes for the successful closing of an E£2.015 billion securitised bond issuance. The transaction represents the first issuance under PHD’s newly approved E£30 billion securitization program. ...

Construction & Real Estate

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Construction & Real Estate

Hassan Allam secures $250m contract to build Afreximbank HQ in Egypt

Hassan Allam Construction has been awarded a landmark $250 million contract for the construction of the Afreximbank African Trade Centre, the bank’s largest global complex, which will also host its new headquarters building, in the New Capital of Egypt. ...

Construction & Real Estate

Siemens unveils Velaro high-speed train in Cairo

Siemens Mobility unveiled its Velaro high-speed train to the Egyptian public for the first time on Sunday at the TransMEA 2025, the region’s leading exhibition for transportation and logistics in the Middle East and Africa....