• Wednesday, 2 December 2020

    What impact has covid-19 had on Egypt’s shared office space industry?

    What impact has covid-19 had on Egypt’s shared office space industry? Co-working and shared office spaces have grown rapidly since their first appearance in Egypt in 2010. Initially a cost-effective service for freelancers or early-stage startups, they’ve become larger and...
  • Monday, 26 October 2020

    Orascom Construction, Hassan Allam, Samcrete to invest in new railways company

    The private sector is getting involved in the government’s move to locally produce railcars: Orascom Construction, Samcrete and Hassan Allam will hold stakes in the National Company for Railways Industries, a newly-established company that will produce, repair and renovate railway...
  • Wednesday, 14 October 2020

    HCCD kicks off restructuring plans to streamline operations

    M&A WATCH- The new, slimmer HCCD: The state-owned Holding Company for Construction and Development (HCCD) is merging 11 of its subsidiary companies into just five in a bid to streamline the company and make it more efficient, Chairman Hesham Aboul...
  • Wednesday, 16 September 2020

    How the pandemic has (temporarily) cooled growth forecasts for Egypt’s construction industry

    How the pandemic has (temporarily) cooled off growth forecasts for Egypt’s construction industry: While the covid-19 pandemic has had minimal impact on some industries in Egypt — such as education, whose defensive mettle was proven both in equity markets and...
  • Sunday, 28 June 2020

    Hassan Allam lands Egyptian Black Sand Co. contract

    Hassan Allam Construction has landed a contract from the Egyptian Black Sand Company (EBSC) to construct concentration and separation plants for extracting minerals from black sands, the company said in a statement (pdf). Hassan Allam will carry out the design...
  • Wednesday, 24 June 2020

    Your top infrastructure stories of the week

    Your top infrastructure stories of the week: Elsewedy secures Mostakbal City project: Elsewedy Electric’s Trading & Distribution unit signed a EGP 423.3 mn agreement with El Mostakbal Urban Development to complete electricity and communications infrastructure for sections of phase three...
  • Wednesday, 17 June 2020

    Your top infrastructure stories of the week

    Your top infrastructure stories of the week: The government signed on Sunday a EUR 50 mn agreement with the French Development Agency (AFD) to develop Cairo Metro’s line one.Suez Canal Container Terminal (SCCT) will invest USD 60 mn to add...
  • Tuesday, 19 May 2020

    Hassan Allam in talks with banks to obtain new financing

    Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under development in new cities, co-CEO Hassan Allam told Hapi Journal, The company also hopes to be included within the CBE’s...
  • Thursday, 23 April 2020

    El Sisi inaugurates new national projects, IMF’s Egypt growth projections

    President Abdel Fattah El Sisi’s inauguration yesterday of national projects east of the Suez Canal was in the limelight on last night’s talk shows. The projects inaugurated yesterday included tunnels running under the canal, New Ismailia City, a new agricultural...

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