Arab Contractors finalises 40% of infrastructure works in Egypt new capital city
Egypt’s state-run construction firm Arab Contractors has recently completed 40 percent of its ongoing utilities…
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infrastructure
European Investment Bank raised €8.2 billion for Egypt projects over 35 years
The European Investment Bank has provided financing for Egypt worth around €8.2 billion ($9.8 billion) for more…
Bain, SK Hynix group ups bid for Toshiba chip unit to $22 bln: sources
A group including Bain Capital and South Korea’s SK Hynix has raised its offer for Toshiba Corp’s chip business to…
Bahrain’s planning ministry is likely to execute Muharraq Grand Park in Q1-2018
Bahrain's Ministry of Works, Municipalities Affairs, and Urban Planning is likely to start works on Muharraq Grand…
Saudi Prince Khaled bin Waleed targets new flagships in Egypt
Prince Khaled bin Waleed Al Saud, a member of the Saudi Arabian royal family, has expressed his desire to invest…
Transport minister inspects Egypt’s newly installed train signal system
Egypt's Minister of Transport Hesham Arafat visited on Saturday a control tower where a new electronic signal…
White House says some members of infrastructure advisory council resign
Some members of a White House infrastructure advisory council have resigned, the White House said on Tuesday, days…
Full steam ahead, as Egypt’s rail project gets green light
A unit of China Railway Group Ltd said it will began preliminary work on a $1.24 billion-worth light rail project…
AfDB, Egypt in talks for $3bn cooperation scheme
Egypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB)…
Manual-operation system caused Egypt’s deadly train crash: minister
Egypt's Transport Minister Hisham Arafat said on Saturday that a deadly train collision in Alexandria on Friday was…