Hutchison Ports invests $700m in Egyptian port projects
Hong Kong-based Hutchison Holdings Ltd's port announced on Thursday, a significant investment in Ain Sokhna Port,…
Browsing Tag
Red Sea
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 to establish 6 marine ambulance boats in Red Sea, South Sinai
Egyptian Prime Minister, Mostafa Madbouly, decided on Wednesday to manufacture six marine ambulance boats to…
Egypt to resume cruises in Red Sea after suspension due to coronavirus outbreak
Egypt will resume cruises in all cities in the Red Sea, after a two-week suspension to curb the spread of the…
Armed Forces sterilise main streets in Red Sea, Upper Egypt – spokesman
Egypt’s Armed Forces said it has carried out disinfection procedures in the Red Sea governorate’s Hurghada and…
Chevron, Shell, Mubadala win Egypt’s Red Sea oil and exploration concessions
Chevron, Royal Dutch Shell, and Mubadala were announced the winners in one of Egypt’s international oil and gas…
Egypt completes 1,504 social housing units in Red Sea – official
Egypt has completed 1,504 social housing units in Red Sea governorate, said chairperson of the Egyptian Mortgage…
Egypt’s naval forces rescue two French tourists from drowning at Red Sea
Egypt’s Naval Forces on Sunday have rescued two French tourists from drowning south of the Red Sea, after their…
Abu Soma eyes EGP 600mn sales from Soma Bay’s housing units in 2019
Egypt’s Abu Soma Development says it targets contractual sales up to 600 million Egyptian pounds ($34 million) from…
Egypt’s Abu Soma to invest $28.4mn in Soma Bay Resort in 2019
Egypt’s Abu Soma Development says it plans to pump investments worth 500 million Egyptian pounds ($28.4 million) in…
