Egypt’s SCZONE advances green fuel deals with ACWA Power, Japan’s ITOCHU
Egypt’s Suez Canal Economic Zone (SCZONE) is moving to advance green energy and clean shipping agreements signed…
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Orascom construction
SCZONE signs 2 Japanese deals on green marine fuel
Egypt's General Authority for the Suez Canal Economic Zone (SCZONE) signed on Tuesday two cooperation agreements in…
Amwal Al Ghad names winners of 2025 Talaat Harb Award in Cairo
Amwal Al Ghad announced the winners of its 2025 Talaat Harb Award at a ceremony in Cairo on Monday, recognising…
Egypt’s Farouk reviews progress of Orascom-led strategic warehouse project in Fayoum
Egypt’s Minister of Supply and Internal Trade Sherif Farouk met on Sunday with executives from Orascom Construction…
Egypt signs green hydrogen production deal in Sokhna
Egypt's clean energy ambitions just garnered a major boost with the signing of a groundbreaking agreement for a new…
Egypt secures $9b in FDI for ME largest wind projects
Egypt's New and Renewable Energy Authority (NREA) signed site recipient protocols for two wind power projects in…
Arab Bank signs EGP 4.2 bln deal to fund Greater Cairo Metro
The Arab Bank signed a 4.2 billion Egyptian pounds cooperation agreement with Orascom Construction Company for…
New delta plant in Egypt sets 4 Guinness World Records
The New Delta Agriculture Wastewater Treatment, Recycling, and Reuse Plant achieved four Guinness World Records…
UAE’s ADNOC, TAQA secure financial closing for $2.2bln water project
Abu Dhabi National Oil Company (ADNOC) said on Monday that it has secured the financial closing of $2.2 billion…
Egypt to inaugurate a new €1.3bln metro system in Alexandria
Egypt will inaugurate a new metro system in its coastal city, Alexandria that would stand at approximately EUR1.3…
Orascom Construction, Engie, Toyota Tsusho granted land for 3 GW wind project in Egypt
A consortium, which includes Orascom Construction PLC, ENGIE, and Toyota Tsusho, has signed on Wednesday a…
Egypt’s Orascom Construction to build $61.4mln luxury resort
Egypt’s Orascom Construction has recently signed a $61.4 million contract with Eagle Hills Properties, a UAE-based…
Orascom Construction buys 6.51mln treasury shares
Orascom Construction bought 6.51 million treasury shares for $19.5 million, accounting for three dollars per share.
World’s first suspended obelisk at Grand Egyptian Museum
Egypt's Orascom Construction and Belgian-French construction company BESIX, have built the world’s first suspended…
French NGE to build 330 km high-speed train line in Egypt
French construction company, NGE has announced said on Thursday that it signed a contract to construct a 330 km…
EBRD lends $80mn for Egypt’s first green hydrogen facility
The European Bank for Reconstruction and Development (EBRD) has announced on Tuesday an $80 million loan for Egypt…
Egypt, Deutsche Bahn signs €1bln contract to operate high speed railway – COP27
Egypt signed on Tuesday one-billion-euro contract with a consortium of German railway company Deutsche Bahn (DB)…
Egypt plans to build desalination plant in Iraq’s Euphrates
Egypt will establish a water treatment plant in Iraq to purify and desalinate water for Euphrates River and…
Siemens signs a deal for high-speed rail in Egypt – NAT
Egypt signed a contract with Siemens Mobility on Saturday evening to build a 2,000 kilometres of high-speed rail…
Vossloh to supply rail fastening systems for high-speed line in Egypt of $42.1mn
Europe’s leading rail, Vossloh announced on Monday that it will supply rail fastening systems for Egypt’s first…
Hyundai Rotem-led consortium to build green hydrogen-tram in Egypt new capital
South Korea’s Hyundai Rotem has signed on Monday in consortium with Orascom Construction and France’s Colas Rail a…
Egypt to open first green hydrogen plant in November 2022 – official
Egypt plans to launch its first green hydrogen plant in November 2022 to coincide with its hosting of the COP27…
Orascom Construction joins consortium to develop Egypt’s first green hydrogen production…
Orascom Construction announced on Wednesday it had joined a consortium with Fertiglobe, Scatec and the Sovereign…
Emirates NBD to provide EGP 2 bln for Egypt’s biggest agricultural wastewater plant
Emirates NBD Egypt Bank announced on Sunday the provision of 2 billion Egyptian pounds ($127.4 million) to finance…
Egyptian billionaire Onsi Sawiris, founder of Orascom business empire, dies at 91
Onsi Sawiris, Egyptian business icon turned philanthropist and the patriarch of Egypt's wealthiest family, died on…
Orascom, Metito hand over desalination plant in East Port Said
A consortium of Egypt’s Orascom Construction and UAE water and wastewater project developer Metito has delivered a…
Orascom Construction adds $650m to its projects portfolio in Q1-21
Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up…
Orascom Construction to build Magdi Yacoub Global Heart Centre
Orascom Construction has been chosen by Magdi Yacoub Heart Foundation to construct the Magdi Yacoub Global Heart…
Emaar Misr, Hassan Allam, Orascom Construction agree to build hotels in North Coast
Emaar Misr for Development has signed contracts with Hassan Allam Holding and Orascom Construction Plc to build two…
Orascom Construction adds new deals worth $920m during Q4-20
Orascom Construction Plc has added new contracts worth around $920 million during the fourth quarter (Q4) of 2020.
Orascom-Mitsubishi consortium signs $800m contract for Cairo Metro Line 4
Orascom Construction PLC's consortium with Mitsubishi Corporation has inked an $800 million contract with Egypt's…
Orascom Construction secures $25 mn loan from EBRD
Orascom Construction (OC) has secured a two-year $25 mn working capital loan after the The European Bank for…
Egypt’s Orascom Construction on track to execute 50 projects
Egypt’s Orascom Construction is in process to implement 50 projects in the local market, said its chief executive…
Egypt’s Orascom Construction posts 17.7% surge in underway projects in H1
Egypt’s Orascom Construction reported on Wednesday a 17.7 percent growth in its underway projects during the first…
Orascom Construction, Bombardier, Arab contractors start Egypt’s $4.5 billion monorail…
Egypt's Orascom Construction, Arab Contractors, and Canada’s Bombardier Transportation laid the first stone of…
Maspero triangle’s towers will be up and standing in 30 months: NUCA
Egypt's New Urban Communities Authority is set to develop three residential towers in Maspiro Triangle within 30…
Egypt’s Orascom reports 25.2% growth in nine-month underway projects
Egypt’s Orascom Construction announced on Thursday a 25.2 percent growth in its underway projects to record $5.2…
Orascom to build housing bank’s headquarters in Egypt’s new capital
Egypt's Orascom Construction signed on Monday a deal to build the Housing and Development Bank's (HDB) headquarters…
Sustainable Capital Africa Alpha Fund raises stake in Egypt’s Orascom Construction
Sustainable Capital Africa Alpha Fund has increased its stake in Egypt’s Orascom Construction to 6.13 percent, the…
Egypt teaming up with Orascom, Belgian Besix to build waste-to-fuel plant
Egypt’s New Urban Communities Authority (NUCA) has signed on Tuesday a preliminary deal with Orascom Construction…