Dubai, UAE -- Emaar, The Economic City, the master-developer of King Abdullah Economic City (KAEC), has signed a strategic agreement with Orascom Development and Managment and Alkholi Holding Company to develop a waterfront mix-use destination in KAEC. This initiative aims to enhance the city's position as a family gateway to...
Sawiris wants ‘level playing field’ for Egypt business
The second richest man in Egypt, Sawaris has said that the Egyptian government should act only as a regulator of the economic activities instead of being the owner.
Egypt taps consortium for $6bn high-speed rail line
The consortium consists of Siemens Mobility, Arab Contractors, and Orascom Construction. Egypt’s National Authority for Tunnels has chosen the consortium to design, install and maintain the rail line.
