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NAT, Vinci-led consortium ink MoU for Cairo Metro Line 3’s phase 4C

The National Authority for Tunnels (NAT) has signed a one-year memorandum of understanding (MoU) with a consortium led by the France-based Vinci Construction to prepare the preliminary design as well as technical and financial studies for phase 4C of Cairo Metro Line 3.

Updated 9/26/2024 9:39:00 AM
Local consortium awarded contract to build $450M dry bulk terminal in El-Dekheila Port

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.

Updated 9/24/2024 9:04:00 AM
Egyptian consortium to set up $1.2B phosphoric acid production project in Abu Tartur

A consortium of nine Egyptian firms is planning to implement a phosphoric acid production project in the Abu Tartur area, with investments of $1.2 billion.

Updated 8/28/2024 7:58:00 AM
UAE-Saudi consortium withdraws from NDP renovation project over high costs

A consortium of the UAE-based Al Shafar Group and the Saudi Egyptian Developers (SED) has withdrawn from the development project of the former National Democratic Party (NDP) headquarters in Cairo due to high construction costs.

Updated 8/26/2024 7:23:00 AM
Egyptian consortium to build $40M US shale gas pipeline

A consortium of state-owned companies is planning to construct a $40 million pipeline to transport imported US shale gas from Alexandria’s Dekheila Port to Sidi Kerir Petrochemicals (Sidpec) and the Egyptian Ethylene and Derivatives Company (Ethydco).

Updated 8/5/2024 8:23:00 AM
Gama Construction joins consortium to import US shale gas

A consortium of four state-owned petrochemicals firms has selected Gama Construction as the private sector’s sole representative to set up a firm for importing US shale gas in June.

Updated 6/27/2024 8:24:00 AM
GAFI awards Ras El Hekma project to Emirati consortium

The General Authority for Investment and Free zones (GAFI) has settled on an Emirati consortium to carry out the Ras El Hekma tourist project in North Coast, GAFI’s Chairman Hossam Heiba.

Updated 2/8/2024 7:14:00 AM
Egypt seeks $450M loan from local, international banks for soda ash project

The Egyptian Soda Ash Company is considering borrowing $450 million from a consortium made up of local and international banks in 2024 to finance the soda ash production project in New Alamein.

Updated 12/12/2023 8:14:00 AM
Saudi-Emirati consortium partner with TSFE to revamp former NDP headquarter

Saudi Egyptian Developers (SED) and the UAE’s Al Shafar General Contracting (ASGC) Group are close to revamping the former National Democratic Party (NDP) headquarters in the heart of Cairo, in collaboration with The Sovereign Fund of Egypt (TSFE).

Updated 9/25/2023 9:20:00 AM