Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its consortium partners to build about 2,000 kilometres of high-speed railways, the German group said on Saturday.
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RIYADH: Cairo-based Orascom Construction could acquire a 25 percent share in Egypt's first hydrogen plant announced last Wednesday, its CEO told Al Arabiya. The plant is expected to start operation in 2014, Osama Bishai said. Orascom joined the Green Hydrogen Consortium with Fertiglobe, Norway’s Scatec and the Sovereign Fund of Egypt to develop the first Egyptian green