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The proceeds of the issuance will be used to pay the value of a previous bid put forward by the CBE on 12 November 2019, amounting to €695m.
Bids from four companies to be deferred
Ministry consulting with international banks to determine timing, currency of offering
Contracts estimated at EGP 94.86m for TBEA, EGP 1.25m for Orascom
List includes Huawei, ZTE, and Elsewedy
The list includes Arab Organization for Industrialization, Onera, EverGreen, and Egypt Systems
Shell and Apache applied to acquire sectors in the western desert, says source
Talks with Saudi Arabia are ongoing to discuss Aramco’s position on the 700,000-tonne monthly shipments contract
The tender will cover open currency positions in foreign currency at banks
Armed forces own 61% of shares, while NMA, NIB, Kafr El-Sheikh, EMRA collectively own 39%
The market awaits the launch of the first post-Eid dollar tender to learn the CBE’s direction
International companies have a good chance at making technical and financial bids, and we will begin receiving offers by next month, said EETC chairperson Gamal Abdel Rahim.
General Electric, Siemens, Toyota, and Mistubishi are taking part in the tender
Prior experience in government projects is required to present offer
The ministry set 21 March as the deadline for companies to submit technical, financial offers
The automated services tender comes within the framework of the ministry’s larger attempts to retrofit the largely antiquated technological infrastructure of various government agencies.
GASC issued two tenders last week
The implementation of five similar projects for five governmental bodies indicates that companies’ offers were accepted
A tender was held by the EGPC to select the company, pending negotiations with Saudi Arabia to supply requirements for next five years
Total cost of land amounts to EGP 211m, to be paid over four years, says PR Director
Twelve companies, including Elsewedy, Global, Siemens, and Huawei, bought new tender specifications for supplying 3m devices
The offers should be submitted on a Free On Board (FOB) basis with a separate freight offer
Project targets transforming plant to secondary treatment while increasing its capacity by 400,000 sqm, says minister
Development projects will take place in Sadat, New Qena, and New Tayba
Ministry hopes to pay nearly $1bn of debts to foreign partners by year-end, says EGPC chairman
Project could cost up to $5bn and will be implemented over 5 years, nuclear expert
Abraaj Group announced its submission of a mandatory tender offer for Cairo Medical Center and a stake in Cairo Investment and Real Estate Development
Egypt looking to secure gas supply during the coming years to keep its power plants running
Minister of Electricity Ahmed Imam emphasised that the government would not wait for the next parliamentary elections and would begin the tender process immediately after the cabinet and High Council of the Peaceful Use of Nuclear Energy sanction the project.