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Companies & Projects

State firms bid for third East Port Said terminal

The container and logistics subsidiaries of Egypt's Holding Company for Maritime and Land Transport have submitted their bid for the third container-handling station at East Port Said harbor, the company's chairman told Zawya.

Iraq's Orange City construction to rise in June

Iraqi contractor Al Faidh Al Hamea Co. will start constructing the Orange City residential complex in the governorate of Diyala in June, a source familiar with the project told Zawya.

What to expect from crude oil

Gary Clark, analyst at Roubini Global Economics, expects near-term fundamental weakness in crude oil pricing but sees spreads widening come summer as demand picks up.

Saudi's Taif University starts campuses expansion

Saudi Arabia's Taif University will begin the construction of its branches located in the governorates of Ranyah, Turubah and Al Khurmah in the province of Mecca.

Jehan City in Kurdistan set for 2015 completion

Kurdistan is expected to complete the USD 176 million Jehan City residential project at Erbil by 2015, an official source at the region's investment authority told Zawya.

Islamic University of Medina sets aside USD280m for projects

The Islamic University of Medina, in Saudi Arabia is currently implementing a number of on-campus projects, valued at a total of USD 280 million, a source familiar with the projects told Zawya.

Egypt to open PPP bid for Suez Canal hospital

Egypt's ministry of higher education is expected to offer the Suez Canal University Specialized Hospital project for Public Private Partnership (PPP) in November, a government source told Zawya.

Bareeq Hospitals consortium receives funding from three banks

The financing will pave the way for the construction of two state-of-the-art medical facilities in the country’s second largest city.

Cyprus fin min: We've done all that was asked

Harris Georgiades, Cyprus finance minister, comments on Cypriot reforms, discussions with Russia, capital controls and why he expects the first installment of the bailout shortly.

Growth and development of Yemen's gas sector

Jacques Azibert, general manager of Yemen LNG, speaks to The Prospect Group about the growth and development of Yemen LNG, the country's security situation, and how changes in LNG market dynamics have impacted profitability.