All Egypt Articles

Contractor appointed on $35bn megaproject to build new Egyptian city
Egypt-based Orascom Construction has signed a framework agreement as a primary contractor for the first phase of the construction of a new city on Egypt’s Mediterranean coast.
Three companies share €800 million deal to modernise Cairo’s Metro Line 1
Egypt-based Orascom Construction has won a deal to modernise Cairo’s Metro Line 1 as part of a consortium with Colas Rail and Hitachi.
Data centres and aviation drive record backlog for Orascom’s US business
Strong US performance makes up for shrinking revenues in the Middle East and Africa (MEA) 
Huge billion-dollar Saudi city for 120,000 people starts construction
Construction has started  on a new city in Saudi Arabia 
Devaluation of Egyptian pound hits Orascom’s revenue
The devaluation of the Egyptian pound has dented revenue at contractor Orascom, although this was partially offset by a strong performance in the US
6 of the biggest museum projects under construction around the world
Here are 6 of the biggest museum projects under construction around the world.
Rising revenue in US offsets decline in Egypt for Orascom
Construction group Orascom’s revenue fell more than 19% to US$3.4 billion in 2023 amid tough trading conditions in its home market of Egypt
Advanced Green Building award for Grand Egyptian Museum
Museum building’s sustainability measures wins it leading green building certification
Conflict in Red Sea inflating shipping rates
ABC’s monthly report on US construction input prices says attacks nears Yemen could add upward pressure
41 workers trapped in India’s collapsed Silkyara tunnel rescued after 17 days
All 41 construction workers trapped in a tunnel in India’s Uttarakhand state after it partially collapsed have been rescued.
Egypt and UAE drive record order backlog for Orascom despite revenue slide
Egypt-based construction company Orascom has seen its order backlog rise to a record US$7 billion, despite a decline in revenue which it blamed on the devaluation of the Egyptian pound.
Orascom wins major Cairo Metro and high-speed rail contracts
Egyptian contractor Orascom Construction has won two new contracts with the National Authority for Tunnels to build new transport projects in the country.
Egis and Setec consult on $5bn Cairo Metro Line 6 studies
French engineering consultancies Egis and Setec have signed a deal to develop the second phase of studies for a new metro line in Cairo, expected to cost around US$5 billion.
Orascom and Thales win €340m Egypt rail modernisation project
Egyptian contractor Orascom Construction and French electrical systems specialist Thales have won a deal to modernise the Cairo-Beni Suef railway corridor in Egypt.
17 consortia prequalify to build desalination plants in Egypt
A total of 17 construction consortia have pre-qualified to build 21 sea water desalination plants in Egypt.
Egypt plans to build ‘world’s longest’ artificial river
The US$5.25 billion initiative, dubbed the ‘New Delta,’ will ensure access to sustainable water resources
6 of the biggest sports stadia under development
International Construction examines six of the biggest sports stadia currently under construction or development around the world.
Egypt green lights construction of third Russian nuclear reactor at El-Dabaa
Egypt has granted a licence for the construction of a third nuclear reactor at the El-Dabaa power plant.
French company to build Egypt’s 330km high-speed rail line
French contractor to build line on what will become world’s sixth-largest high-speed rail network.
Egypt to create 10,000 construction jobs with US$5.5bn project
The country will build a green ammonia plant in the Ain Sokhna industrial zone
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