• Wednesday, 1 April 2020

    How the Egyptian construction sector is responding to the covid-19 crisis: Amr and Hassan Allam, co-CEOs of Hassan Allam Holding

    How the Egyptian construction sector is responding to the covid-19 crisis: Amr and Hassan Allam, co-CEOs of Hassan Allam Holding (part two of a two-part series). Our look at how infrastructure projects were faring in the early days of covid-19...
  • Wednesday, 19 February 2020

    Your top infrastructure stories of the week

    Your top stories for infrastructure this week are: ECHEM signed an agreement with US construction giant Bechtel to set up a USD 6.7 bn petrochemicals and refinery complex in the Suez Canal Economic Zone.Enppi, Petrojet, Technip and ANOPC signed a...
  • Sunday, 26 January 2020

    What we’re tracking on 26 January 2020

    We have plenty of M&A news for you this morning with a report that Vodafone Group may be looking to exit its majority stake in its Egyptian subsidiary and confirmation that FAB is in talks to acquire Bank Audi’s Egypt...
  • Thursday, 16 January 2020

    Hassan Allam, Egypt’s sovereign wealth fund sign joint investment agreement

    Hassan Allam, Sovereign Fund of Egypt sign joint investment agreement: Our friends at Hassan Allam Holding and the Sovereign Fund of Egypt have signed an MoU invest in electricity, water, infrastructure, and renewable energy projects, the two parties said in...
  • Wednesday, 15 January 2020

    Hassan Allam awarded Cairo airport travelator contract

    Hassan Allam Construction won a contract to establish a travelator linking Cairo Airport’s Terminal 2 with a multi storey garage, according to Construction Week Online. The travelator, which will be implemented on a fast track basis, will facilitate the access...
  • Thursday, 26 December 2019

    Egypt might be scrapping Shanghai Electric’s USD 4.4 bn “clean coal” power plant

    INVESTMENT WATCH- Shanghai Electric’s USD 4.4 bn “clean coal” power plant could be scrapped or postponed: The Electricity Ministry is looking into potentially postponing or scrapping altogether the USD 4.4 bn, 6 GW-capacity “clean coal” power plant a Shanghai Electric-Hassan...
  • Thursday, 5 December 2019

    Rosatom cancels Dabaa site protection tender due to overpriced bids

    Russia’s Rosatom has canceled a tender for local companies to protect the Dabaa nuclear plant site from groundwater due to overpriced bids, an unnamed source in the Electricity Ministry told Al Mal. Arab Contractors, Orascom Construction and France’s Soletanche Bachy,...
  • Tuesday, 3 December 2019

    Seven Egyptian, Russian companies compete for Dabaa site prep tender

    Seven Egyptian and Russian companies have submitted bids to compete for the tender to prepare the site of the Dabaa nuclear power plant ahead of its construction, sources at the Electricity Ministry told Al Mal. Hassan Allam, Orascom Construction, Arab...
  • Tuesday, 19 November 2019

    Hassan Allam-led consortium frontrunner in Sixth of October dry port tender

    A Hassan Allam-Concord-PSA consortium appears to be the frontrunner in the Sixth of October dry port tender, having reportedly submitted a better technical offer than the Elsewedy Electric-led consortium, an unnamed source told the local press. Elsewedy partnered with Schenker...

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