• Monday, 20 February 2023

    Offers roll in to build the EUR 1.6 bn Alexandria metro project

    Three consortiums bid for the Alexandria metro project: Three consortiums of local and international contractors have submitted final bids in a tender for the EUR 1.6 bn project to convert Alexandria’s Abu Qir railway into an underground metro, unnamed sources...
  • Wednesday, 7 December 2022

    What business leaders think of the business of climate in Egypt

    We held our inaugural Climate X forum yesterday, which saw 300 CEOs, business owners, investors, bankers and development finance folks gather together under the roof of the brand new Grand Egyptian Museum to discuss the opportunities in the climate industry...
  • Sunday, 30 October 2022

    THIS MORNING: Russia bails on Ukraine grain pact following Crimea drone attack

    Good morning, wonderful people. We hope the weekend was good to you — and that you’ve had plenty of time to digest the float of the EGP and rate hike at the same time as you put your your Halloween...
  • Monday, 24 October 2022

    Hassan Allam latest to target green investment in Morocco

    Hassan Allam eyes renewables, desalination projects in Morocco: Our friends at Hassan Allam Holding are mulling investing in renewable energy and desalination projects in Morocco, and could deploy an initial USD 50-150 mn within the next year, CEO Amr Allam...
  • Sunday, 23 October 2022

    Hassan Allam + OIH both look to spend big for a foothold in regional renewables

    Local players eye regional renewables investments: Hassan Allam Holding and Masdar’s green hydrogen joint venture could see investments of USD 10 bn in the next decade. Meanwhile, Orascom Investment Holding is eyeing a push into Moroccan renewables.Hassan Allam Holding and...
  • Thursday, 29 September 2022

    THIS MORNING: Egypt wants to include “loss and damage” on the COP agenda

    Good morning, wonderful people, and happy THURSDAY. We hope the last business day of September treats you well and, as is our custom for seven of the eight years we’ve been at this, we’re sending off the month with Green...
  • Monday, 29 August 2022

    Hassan Allam lands another Toshka contract + More wheat, courtesy of Romania

    Hassan Allam Construction to work on Toshka irrigation project: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a contract to install irrigation infrastructure as part of the project to reclaim land in Toshka for wheat production,...
  • Thursday, 4 August 2022

    Bidding is still open for the EV charging private sector partner — with a reduced stake

    Private sector partners can still get in on the new state EV charging company: Qualifying bidders looking to manage and operate the soon-to-be-established state company that will manage a network of electric vehicle charging stations now have until Wednesday, 31...
  • Sunday, 17 July 2022

    Another direct wheat purchase?

    GASC bought 63k tons of German wheat directly from suppliers on 5 July, Reuters reported Thursday, citing anonymous sources. This is the same day that the state grain buyer was reported to have purchased 444k tons of Russian, French and...

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