Tag Archives: Infrastructure

IDB allocates $220m for Egyptian power project

The Islamic Development Bank (IDB) has allocated $220m to finance a thermal power plant in Assiut as a part of a nearly $705m initiative to fund projects focusing on infrastructure, human development and education in “Muslim communities”, the bank announced …

Nuclear Authority and Army Corps of Engineers sign cooperation protocol

The Ministry of Electricity and Energy (MOEE) announced that it has signed a cooperation protocol with the Egyptian Army Corps of Engineers to implement Egypt’s first electricity-generating nuclear plant.

The signed protocol stipulates that the corps work on rehabilitating the …

Orascom Construction awarded $300m contracts in Egypt and KSA

Orascom Construction (OC) recently signed $300m in contracts, securing new work in Egypt and Kingdom of Saudi Arabia (KSA), according to an official statement issued by the company.

“In Egypt, OC has been awarded several new commercial packages to support …

Three dead in Giza building collapse

Three are dead after a residential building collapsed in the Giza neighbourhood of Abou Al-Nomoros early Saturday morning.

According to the state-owned news agency MENA, Said Dwedar, Sabah Ahmed, and their son Abdullah were killed in the collapse of the …

EGP 1.5bn for infrastructure developments in industrial zones

EGP 1.5bn for infrastructure developments in industrial zones

Mounir Fakhry  Abdel Nour Minister of Foreign trade and Industry  (Alborsa Photo)

Mounir Fakhry Abdel Nour , Minister of Foreign trade and Industry
(Alborsa Photo)

Minister of Foreign trade and Industry Mounir Fakhry Abdel Nour announced that EGP 1.5bn will be allocated to continue building the infrastructure for 32 industrial zones in …