e-finance for Digital and Financial Investments has participated in the launch of Egypt’s first onshore private equity fund, C3 Capital Fund 1

A consortium of Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet has been awarded a $1.24 billion project from ADNOC Gas.

Siraj Lighting has signed a contract with VESRA MEA, authorized by Honeywell Lighting, to manufacture Honeywell lighting products in the Sokhna Industrial Zone’s Orascom Industrial Parks, with investments of $15 million.

Emirates NBD Egypt has signed a new loan contract worth EGP 400 million with Alexandria Business Association (ABA) to expand the horizon of the latter’s microfinance services across the country.

Alexandria Port Authority has sealed an initial contract with a consortium of local companies to build, manage, operate, maintain, and redeliver the superstructures of a 300,000 square-meter dry bulk terminal and a logistics zone in El-Dekheila Port.

Oriental Weavers has contracted with the Integrated Renewable & Sustainable Communities (IRSC), a sustainable infrastructure developer, to install a 2.5-megawatt (MW) solar power plant at one of the former’s factories in the 10th of Ramadan City, with total investments of $1.5 million.

The Petroleum Projects and Technical Consultations Company (Petrojet) has won a contract worth $70 million in favor of the Libya-based Harouge Oil Operations firm.

Assiut National Oil Processing Company (ANOPC) has signed a service contract with the Egyptian Projects Operation and Maintenance (EPROM) for the trial operations’ preparatory phases of the diesel production complex in Assiut.

Maridive Offshore Projects, a subsidiary of Maridive & Oil Service S.A.E., has been awarded a 16-month contract worth $14.4 million, as per a disclosure.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has sealed a new microfinance contract with Cash for Microfinance worth EGP 100 million.

The General Authority for Supply Commodities (GASC) has secured 25,000 tons of Egyptian-produced soybean oil from four suppliers at a price of EGP 47,000 per ton.

Egypt’s Organi Group has signed a contract with Qatari Diar to implement City Gate project in New Cairo.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed an EGP 160 million contract with the community development association El Mobadara to fund micro projects.

The Egyptian General Authority for Red Sea Ports has signed the final grant contract with Abu Dhabi Ports Group (AD Ports Group) to construct, develop, manage, operate, promote, maintain, and redeliver the superstructure of cruise ships terminals in Safaga, Hurghada, and Sharm El-Sheikh.

The Egyptian Countryside Development Company has signed a land allocation contract with Elsewedy Capital Holding for the implementation of a mega agricultural investment project in the Farafra and Siwa areas.

Egypt-based Samcrete Engineers and Contractors (SMCS) and the Saudi engineering firm Sarh Attqnia have been awarded a contract worth $200 million to establish water treatment plants in Mauritania in the third quarter (Q4) of 2024.

El Obour Company for Real Estate Investment (OBRI) has been awarded a contract worth SAR 17.641 million to implement civil works for an emergency hospital project as its first project in Saudi Arabia.

A consortium of Siemens Mobility and Hassan Allam Construction has been awarded the design, construction, and integration of the Abu Dhabi – Sohar Railway Systems contract by Oman – Etihad Rail, a joint venture co-owned by the UAE and Oman.

The UK-based steel manufacturer British Steel has been awarded a major contract to supply rail for Egypt’s Green Line railway.

The Egyptian General Petroleum Corporation (EGPC) and Cairo Oil Refining Company have signed a contract with the US-based software company LabWare to operate a laboratory information management system (LIMS).