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Mass Developments plans $453m mixed-use project in New CairoEgypt's Mass Developments has launched a new mixed-use project on Gamal Abdel Nasser Axis in New Cairo, with an investment exceeding EGP22 billion ($453.6 million). The project will span an area of 30 More… |
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Kuwait credit growth pressured in July ‘but household solid’Kuwait’s domestic credit growth in July was weighed down by a 10% plunge in lending to banks/financial institutions, pulling down the YTD increase to 1.8% (+2.8% y/y), says NBK-Economic Research. But Kuwa More… |
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Kuwait credit growth pressured in July ‘but household solid’Kuwait’s domestic credit growth in July was weighed down by a 10% plunge in lending to banks/financial institutions, pulling down the YTD increase to 1.8% (+2.8% y/y), says NBK-Economic Research. But Kuwa More… |
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Egypt announces major oil find in Western DesertKhalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area, reported WAM. The well was tested by drilling 270 fe More… |
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Eaton expands presence in EgyptIntelligent power management company Eaton, is enhancing its presence in Egypt with the opening of a new office in Cairo. This expansion is part of Eaton’s strategic growth in the region’s growing commercial and industrial sectors. More… |
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Vida Marina Resort Marassi unveiled in the heart of EgyptVida Hotels and Resorts has launched Vida Marina Resort Marassi, the first-of-its-kind Vida resort in Egypt. This upscale lifestyle hotspot blends chic coastal living with vibrant waterfront indulgence, set against the stunning Mediterranean Sea More… |
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Infinity, Masdar reach deal for 200MW Egypt wind projectInfinity Power, the largest African pure play renewable energy provider, has announced that it has joined hands with Masdar, the UAE’s clean energy powerhouse, to sign a major power purchase agreement with the Egyptian Electricity Transm More… |
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First transformer installed in Egypt-Saudi power grid projectWork has begun on the commencement of installation of the first transformer at the Egypt-Saudi Arabia electricity interconnection station in Badr City, a major step forward in the construction of the landmark project, reported Dail More… |
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First transformer installed in Egypt-Saudi power grid projectWork has begun on the commencement of installation of the first transformer at the Egypt-Saudi Arabia electricity interconnection station in Badr City, a major step forward in the construction of the landmark project, reported Dail More… |
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Egypt set to outsource operation, management of airportsEgypt's Ministry of Civil Aviation has announced plans to outsource the management and operations of the country's airports to the private sector, thus aligning with broader government efforts to boost private sector contribution in th More… |
