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Rowad Modern Engineering

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uuid006hfzf

Namestring
Rowad Modern Engineering
Websiteurl
rowad-rme.com
Company typeenum
Private
Founded yearint
1998
Descriptiontext

Rowad Modern Engineering is a Cairo-based civil engineering and infrastructure construction firm founded in 1998 with a workforce of 10,000+ employees, operating across Egypt, Saudi Arabia, and Oman. The company functions as a general contractor and consortium partner on large-scale infrastructure projects, with a portfolio spanning railway modernization, logistics facility development, marine works, water infrastructure, and commercial building construction. Its customer base is concentrated on sovereign and quasi-sovereign clients — notably Egyptian National Railways, Saudi Logistics Services Company (SAL), and other government-aligned entities — secured through competitive public tenders on a project-by-project basis.

The business model is project-based, with revenue tied to one-time infrastructure contracts rather than recurring or subscription streams. A defining feature of Rowad's commercial positioning is its role as a local content partner within international consortiums, contributing approximately 50% of consortium project value through local execution, labor mobilization, and regulatory navigation. The most material recent contract is a €690M share of railway modernization work as part of an Alstom-led consortium alongside Concrete Plus for Egyptian National Railways, supplemented by logistics facility development at King Khalid International Airport for SAL. Rowad does not own proprietary technology; it installs and integrates third-party systems such as Alstom's digital signalling, and there is no evidence of proprietary AI, patents, or proprietary software products in its offering.

The company's growth posture is tied to Egypt and Saudi Arabia's Vision 2030 national infrastructure programs, with active geographic expansion into Saudi Arabia and Oman and vertical diversification beyond pure rail into logistics, marine, and water works. Founded and led as a private company under CEO Mohamed Mahlab, Rowad's competitive position rests on scale (10,000+ employees enabling mega-project mobilization), regulatory familiarity with government procurement in the region, and cost-efficient local execution relative to international primes.

Short descriptiontext

Rowad Modern Engineering is a Cairo-based civil engineering and infrastructure construction firm founded in 1998 with 10,000+ employees across Egypt, Saudi Arabia, and Oman. It serves government clients — including national railway authorities and logistics companies — as a general contractor and local consortium partner on mega-projects.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersCairo, Egypt
HQ citystring
Cairo
HQ countrystring
Egypt
HQ regionstring
Africa
Markets served

Serves global market

Keyword5 values
civil engineering construction, railway infrastructure modernization, general contracting services, airport logistics construction, infrastructure project delivery
Industry2 codes
1Tunnels & Underground Rail Civil Construction
CodeIMAFAFAEPrimaryYes
2Right-of-way access, foundations & civil works for T&D projects
CodeEUADAKAJPrimaryNo
NAICS code3 codes
  • Heavy and Civil Engineering Construction237
  • Power and Communication Line and Related Structures Construction23713
  • Engineering Services541330
SIC code2 codes
  • Heavy Construction Other Than Bldg Const - Contractors1600
  • Services-Engineering Services8711
Product category
Infrastructure Construction Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Infrastructure Construction Contracts
TypeOne Time License
Description

The company generates revenue through large-scale infrastructure construction contracts, primarily as a consortium partner or general contractor for railway modernization and logistics facility development projects. Revenue is project-based and one-time, derived from contracts with government entities for civil works, track rehabilitation, infrastructure upgrades, and facility construction.

railwaypro.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Rowad Modern Engineering is a construction and engineering services company that delivers large-scale infrastructure projects as a general contractor and consortium partner. Its core offerings include railway corridor modernization (digital signalling, telecommunications, power infrastructure, and civil track rehabilitation), airport logistics facility development, and general contracting for high-speed rail, marine works, and water infrastructure across Egypt, Saudi Arabia, and Oman.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Reduces full route travel time by nearly 80 minutes on the 6th October–Alexandria corridor
+2 more records
Product overview1 text field

Rowad Modern Engineering is a construction and engineering services company operating as part of consortiums and as a general contractor. The company's core service offerings include railway infrastructure modernization (in partnership with Alstom and Concrete Plus for Egyptian National Railways), airport logistics facility development (such as the Saudi Logistics Services Company expansion at King Khalid International Airport), and general contracting for infrastructure projects spanning rail, marine works, and water infrastructure across the Middle East region including Egypt, Saudi Arabia, and Oman. The firm operates within the framework of national development strategies such as Egypt Vision 2030 and Saudi Vision 2030.

Product and service3 records
1Railway Infrastructure Modernization Services
CategoryRailway Infrastructure Construction
Description

Comprehensive railway modernization services including digital signalling systems, telecommunications infrastructure, power infrastructure, and civil track rehabilitation for strategic rail corridors such as the 6th October–Alexandria corridor and the Belbes–10th of Ramadan line, delivered for government railway clients.

2Airport Logistics Facility Development
CategoryLogistics Facility Construction
Description

Development and expansion of logistics facilities at airports, including rehabilitation and upgrading of existing infrastructure and construction of new supporting facilities with sustainability principles targeting LEED Gold certification, for government logistics clients such as Saudi Logistics Services Company (SAL) at King Khalid International Airport in Riyadh.

3General Contracting Services
CategoryGeneral Infrastructure Contracting
Description

General contracting services for large-scale infrastructure projects including high-speed rail, marine works, and water infrastructure delivered across Egypt, Saudi Arabia, and Oman.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-18
Description

Alstom leads a consortium with Rowad Modern Engineering and Concrete Plus for railway modernization projects in Egypt. Alstom's share amounts to approximately €300 million covering end-to-end engineering, digital signalling, telecommunications, power infrastructure, and track rehabilitation. Rowad Modern Engineering provides local content and on-ground execution capabilities for the €690 million contracts with Egyptian National Railways.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Concrete Plus is part of the Alstom-led consortium alongside Rowad Modern Engineering for the €690 million railway modernization contracts with Egyptian National Railways, contributing to the delivery of strategic rail corridor upgrades in Egypt.

3Egyptian National Railways
Strategic tierFlagshipTypeOthers
Description

Egyptian National Railways awarded the €690 million contract to the Alstom-Rowad Modern Engineering-Conscrete Plus consortium for modernizing the 6th October–Alexandria and Belbes–10th of Ramadan rail corridors. The projects are part of Egypt's Vision 2030 program.

railwaypro.com
Strategic tierFlagshipTypeOthers
Description

SAL awarded Rowad Modern Engineering a development and expansion project for logistics facilities at King Khalid International Airport in Riyadh. Rowad serves as general contractor for rehabilitation and new facility construction aligned with LEED Gold sustainability standards.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Hassan Allam Construction is a major Egyptian contractor delivering heavy civil, industrial, and infrastructure projects for public and private clients in Egypt and the Gulf. Closely comparable in scale, service offerings, and customer base.

TypeDirect peer
Description

CCC is a major MENA-headquartered EPC contractor executing large-scale civil, mechanical, and infrastructure projects across the Middle East. Comparable as a regional heavy construction peer pursuing similarly sized government and industrial contracts.

TypeOthers
Description

Alstom is Rowad's consortium lead partner on the €690M Egyptian National Railways contracts, providing signalling, telecoms, power, and engineering scope. Although not a direct competitor, Alstom is the most strategically relevant counterparty for Rowad's largest disclosed work.

TypeDirect peer
Description

Nesma & Partners is a Saudi-based EPC and infrastructure contractor executing civil, mechanical, and electrical projects across the Kingdom and wider Middle East. Comparable as a regional peer competing for Saudi government and industrial infrastructure work.

TypeRegional player
Description

Alfanar is a Saudi-headquartered EPC and construction group focused on electrical, power, and infrastructure projects. Comparable in the Saudi infrastructure and power T&D segments that overlap with Rowad's rail power-infrastructure scope.

TypeBroad incumbent
Description

Strabag is a major European-based international construction group with a growing Middle East presence in heavy civil and rail infrastructure. Comparable as an international incumbent pursuing similar rail and infrastructure tenders in the region.

TypeDirect peer
Description

Arab Contractors is one of Egypt's largest state-owned construction companies, active in infrastructure, housing, and large civil projects across the Middle East and Africa. Comparable as a domestic heavy construction peer competing for similar government tenders.

TypeDirect peer
Description

Orascom Construction is a leading Egyptian-based infrastructure and industrial construction firm with a broad MENA footprint across rail, marine, water, and commercial projects. Directly comparable to Rowad on geography, service mix, and government-client base.

TypeBroad incumbent
Description

Samsung Engineering is a global EPC contractor executing large infrastructure, power, and industrial projects across the Middle East, including Saudi Arabia. Comparable as a competing international contractor for large Gulf-region tenders.

TypeBroad incumbent
Description

El Sewedy Electric is a leading Egyptian cables and electrical infrastructure provider with adjacent involvement in power T&D, rail electrification, and large infrastructure projects. Comparable as a domestic infrastructure incumbent with overlapping capabilities in power and rail.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Rowad Modern Engineering

Infrastructure Construction Servicesrowad-rme.com

Rowad Modern Engineering is a Cairo-based civil engineering and infrastructure construction firm founded in 1998 with 10,000+ employees across Egypt, Saudi Arabia, and Oman. It serves government clients — including national railway authorities and logistics companies — as a general contractor and local consortium partner on mega-projects.

What Rowad Modern Engineering does

Rowad Modern Engineering is a Cairo-based civil engineering and infrastructure construction firm founded in 1998 with a workforce of 10,000+ employees, operating across Egypt, Saudi Arabia, and Oman. The company functions as a general contractor and consortium partner on large-scale infrastructure projects, with a portfolio spanning railway modernization, logistics facility development, marine works, water infrastructure, and commercial building construction. Its customer base is concentrated on sovereign and quasi-sovereign clients — notably Egyptian National Railways, Saudi Logistics Services Company (SAL), and other government-aligned entities — secured through competitive public tenders on a project-by-project basis.

The business model is project-based, with revenue tied to one-time infrastructure contracts rather than recurring or subscription streams. A defining feature of Rowad's commercial positioning is its role as a local content partner within international consortiums, contributing approximately 50% of consortium project value through local execution, labor mobilization, and regulatory navigation. The most material recent contract is a €690M share of railway modernization work as part of an Alstom-led consortium alongside Concrete Plus for Egyptian National Railways, supplemented by logistics facility development at King Khalid International Airport for SAL. Rowad does not own proprietary technology; it installs and integrates third-party systems such as Alstom's digital signalling, and there is no evidence of proprietary AI, patents, or proprietary software products in its offering.

The company's growth posture is tied to Egypt and Saudi Arabia's Vision 2030 national infrastructure programs, with active geographic expansion into Saudi Arabia and Oman and vertical diversification beyond pure rail into logistics, marine, and water works. Founded and led as a private company under CEO Mohamed Mahlab, Rowad's competitive position rests on scale (10,000+ employees enabling mega-project mobilization), regulatory familiarity with government procurement in the region, and cost-efficient local execution relative to international primes.

Rowad Modern Engineering firmographics

Firmographics
Name
Rowad Modern Engineering
Website
https://rowad-rme.com
Company type
Private
Founded year
1998
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Rowad Modern Engineering is a Cairo-based civil engineering and infrastructure construction firm founded in 1998 with 10,000+ employees across Egypt, Saudi Arabia, and Oman. It serves government clients — including national railway authorities and logistics companies — as a general contractor and local consortium partner on mega-projects.
Ownership category
akta.pro rank

Rowad Modern Engineering industry classification

Industry
Product category
Infrastructure Construction Services
NAICS
Heavy and Civil Engineering Construction (237), Power and Communication Line and Related Structures Construction (23713), Engineering Services (541330)
SIC
Heavy Construction Other Than Bldg Const - Contractors (1600), Services-Engineering Services (8711)
akta.pro primary industry
Tunnels & Underground Rail Civil Construction (IMAFAFAE)
akta.pro secondary industry
Right-of-way access, foundations & civil works for T&D projects (EUADAKAJ)

Keywords

  • Civil engineering construction
  • Railway infrastructure modernization
  • General contracting services
  • Airport logistics construction
  • Infrastructure project delivery

Where Rowad Modern Engineering is headquartered

Location

Headquarters

HQ city
Cairo
HQ country
Egypt
HQ region
Africa

Markets served

Rowad Modern Engineering business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

  1. Infrastructure Construction Contracts: The company generates revenue through large-scale infrastructure construction contracts, primarily as a consortium partner or general contractor for railway modernization and logistics facility development projects. Revenue is project-based and one-time, derived from contracts with government entities for civil works, track rehabilitation, infrastructure upgrades, and facility construction.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Rowad Modern Engineering product offering

Product offering

Core offering

Rowad Modern Engineering is a construction and engineering services company that delivers large-scale infrastructure projects as a general contractor and consortium partner. Its core offerings include railway corridor modernization (digital signalling, telecommunications, power infrastructure, and civil track rehabilitation), airport logistics facility development, and general contracting for high-speed rail, marine works, and water infrastructure across Egypt, Saudi Arabia, and Oman.

Product overview

Rowad Modern Engineering is a construction and engineering services company operating as part of consortiums and as a general contractor. The company's core service offerings include railway infrastructure modernization (in partnership with Alstom and Concrete Plus for Egyptian National Railways), airport logistics facility development (such as the Saudi Logistics Services Company expansion at King Khalid International Airport), and general contracting for infrastructure projects spanning rail, marine works, and water infrastructure across the Middle East region including Egypt, Saudi Arabia, and Oman. The firm operates within the framework of national development strategies such as Egypt Vision 2030 and Saudi Vision 2030.

Differentiator

Problem solved

Functional benefit

Products and services

  • Railway Infrastructure Modernization Services Comprehensive railway modernization services including digital signalling systems, telecommunications infrastructure, power infrastructure, and civil track rehabilitation for strategic rail corridors such as the 6th October–Alexandria corridor and the Belbes–10th of Ramadan line, delivered for government railway clients.
  • Airport Logistics Facility Development Development and expansion of logistics facilities at airports, including rehabilitation and upgrading of existing infrastructure and construction of new supporting facilities with sustainability principles targeting LEED Gold certification, for government logistics clients such as Saudi Logistics Services Company (SAL) at King Khalid International Airport in Riyadh.
  • General Contracting Services General contracting services for large-scale infrastructure projects including high-speed rail, marine works, and water infrastructure delivered across Egypt, Saudi Arabia, and Oman.

Quantifiable outcome

  • Reduces full route travel time by nearly 80 minutes on the 6th October–Alexandria corridor
  • +2 more outcomes

Companies that use Rowad Modern Engineering

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Rowad Modern Engineering technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Rowad Modern Engineering partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

  • AlstomcoreStrategic or Co-development Partner · 18 June 2026Alstom leads a consortium with Rowad Modern Engineering and Concrete Plus for railway modernization projects in Egypt. Alstom's share amounts to approximately €300 million covering end-to-end engineering, digital signalling, telecommunications, power infrastructure, and track rehabilitation. Rowad Modern Engineering provides local content and on-ground execution capabilities for the €690 million contracts with Egyptian National Railways.
  • Concrete PluscoreStrategic or Co-development PartnerConcrete Plus is part of the Alstom-led consortium alongside Rowad Modern Engineering for the €690 million railway modernization contracts with Egyptian National Railways, contributing to the delivery of strategic rail corridor upgrades in Egypt.
  • Egyptian National RailwaysflagshipOthersEgyptian National Railways awarded the €690 million contract to the Alstom-Rowad Modern Engineering-Conscrete Plus consortium for modernizing the 6th October–Alexandria and Belbes–10th of Ramadan rail corridors. The projects are part of Egypt's Vision 2030 program.
  • Saudi Logistics Services Company (SAL)flagshipOthersSAL awarded Rowad Modern Engineering a development and expansion project for logistics facilities at King Khalid International Airport in Riyadh. Rowad serves as general contractor for rehabilitation and new facility construction aligned with LEED Gold sustainability standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Rowad Modern Engineering competitors and assessment

Company assessment

Direct peers

  • Hassan Allam Construction: Hassan Allam Construction is a major Egyptian contractor delivering heavy civil, industrial, and infrastructure projects for public and private clients in Egypt and the Gulf. Closely comparable in scale, service offerings, and customer base.
  • Consolidated Contractors Company (CCC): CCC is a major MENA-headquartered EPC contractor executing large-scale civil, mechanical, and infrastructure projects across the Middle East. Comparable as a regional heavy construction peer pursuing similarly sized government and industrial contracts.
  • Nesma & Partners: Nesma & Partners is a Saudi-based EPC and infrastructure contractor executing civil, mechanical, and electrical projects across the Kingdom and wider Middle East. Comparable as a regional peer competing for Saudi government and industrial infrastructure work.
  • Arab Contractors: Arab Contractors is one of Egypt's largest state-owned construction companies, active in infrastructure, housing, and large civil projects across the Middle East and Africa. Comparable as a domestic heavy construction peer competing for similar government tenders.
  • Orascom Construction: Orascom Construction is a leading Egyptian-based infrastructure and industrial construction firm with a broad MENA footprint across rail, marine, water, and commercial projects. Directly comparable to Rowad on geography, service mix, and government-client base.

Others

  • Alstom: Alstom is Rowad's consortium lead partner on the €690M Egyptian National Railways contracts, providing signalling, telecoms, power, and engineering scope. Although not a direct competitor, Alstom is the most strategically relevant counterparty for Rowad's largest disclosed work.

Regional players

  • Alfanar: Alfanar is a Saudi-headquartered EPC and construction group focused on electrical, power, and infrastructure projects. Comparable in the Saudi infrastructure and power T&D segments that overlap with Rowad's rail power-infrastructure scope.

Broad incumbents

  • Strabag: Strabag is a major European-based international construction group with a growing Middle East presence in heavy civil and rail infrastructure. Comparable as an international incumbent pursuing similar rail and infrastructure tenders in the region.
  • Samsung Engineering: Samsung Engineering is a global EPC contractor executing large infrastructure, power, and industrial projects across the Middle East, including Saudi Arabia. Comparable as a competing international contractor for large Gulf-region tenders.
  • El Sewedy Electric: El Sewedy Electric is a leading Egyptian cables and electrical infrastructure provider with adjacent involvement in power T&D, rail electrification, and large infrastructure projects. Comparable as a domestic infrastructure incumbent with overlapping capabilities in power and rail.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Rowad Modern Engineering social profiles

Digital presence

Rowad Modern Engineering financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rowad Modern Engineering leadership team

Management profile

Number of profiles

Profiles1 record

Rowad Modern Engineering funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rowad Modern Engineering M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rowad Modern Engineering

What does Rowad Modern Engineering do?

Rowad Modern Engineering is a construction and engineering services company that delivers large-scale infrastructure projects as a general contractor and consortium partner. Its core offerings include railway corridor modernization (digital signalling, telecommunications, power infrastructure, and civil track rehabilitation), airport logistics facility development, and general contracting for high-speed rail, marine works, and water infrastructure across Egypt, Saudi Arabia, and Oman.

Is Rowad Modern Engineering a public or private company?

Rowad Modern Engineering is a private company. It is classified as unknown and is currently operating.

When was Rowad Modern Engineering founded?

Rowad Modern Engineering was founded in 1998. It employs 5,001 to 10,000 people.

Where is Rowad Modern Engineering based?

Rowad Modern Engineering is headquartered in Cairo, Egypt, in the Africa region.

How does Rowad Modern Engineering make money?

One revenue line is on record: infrastructure Construction Contracts.

Who are Rowad Modern Engineering's main competitors?

Direct peers on record are Hassan Allam Construction, Consolidated Contractors Company (CCC), Nesma & Partners, Arab Contractors and Orascom Construction. Alstom is listed as an others. Alfanar is listed as a regional player. Broad incumbents are Strabag, Samsung Engineering and El Sewedy Electric.

Does Rowad Modern Engineering have an API?

No public API is recorded for Rowad Modern Engineering.

What industry is Rowad Modern Engineering in?

Rowad Modern Engineering's product category is Infrastructure Construction Services. Its primary akta.pro industry code is IMAFAFAE, Tunnels & Underground Rail Civil Construction, with a secondary code of EUADAKAJ, Right-of-way access, foundations & civil works for T&D projects. Its NAICS code is 237 and its SIC code is 1600.

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AInvestRowad's UAE "Award" Is One Order in Elsewedy's Gulf Pivot—the Parent Is the Part You Can't Easily BuyRowad Modern Engineering was named a project partner for civil works on Abu Dhabi's Transmission Scheme Phase 1, a subcontractor role. The award is one order in Elsewedy Electric's engineering backlog, which stands at EGP 43.5 billion, but construction margins remain thin. The stock trades on the Egyptian Exchange, not U.S. boards.ZawyaRowad Modern Engineering strengthens its presence in Saudi Arabia’s water infrastructure sectorRowad Modern Engineering has been awarded an execution contract for civil works at the Al Haer Sewage Treatment Plant project in Riyadh, Saudi Arabia. The facility, which has a treatment capacity of 200,000 m³ per day, supports urban growth and sustainable water management objectives under Saudi Vision 2030.EnterpriseamZaldi Capital partners with Better Home for USD 500 mn Oman expansionZaldi Capital is partnering with Better Home Real Estate to pursue hotel acquisitions in Oman, with a self-funded USD 500 mn investment in a new residential and hospitality project under the Midtown brand in Muscat. The firm also targets EGP 50 bn in managed assets by year-end, up from EGP 35 bn.ZawyaElsewedy Electric launches 3 industrial projects with $200mln combined investmentsElsewedy Electric launched three industrial projects in Egypt with over $200 million in combined investment, to be inaugurated in Q1 2028. The projects include e-waste recycling, copper tube manufacturing, and aluminum rod production, creating over 300 direct jobs and 1,000 indirect opportunities.EnterpriseamAlstom consortium inks EUR 690 mn rail upgrade packageEgyptian National Railways signed four contracts worth EUR 690 mn with an Alstom-led consortium to modernize two freight corridors. The package includes digital rail systems and ETCS signaling, with Alstom securing about EUR 300 mn. The upgrades aim to cut travel time by nearly 80 minutes on the Alexandria route.ZawyaAlstom-led consortium signs $792mln Egypt rail modernisation contractsAlstom's consortium with Rowad Modern Engineering and Concrete Plus signed four contracts with Egyptian National Railways to modernise freight and logistics corridors linking dry ports, industrial zones, and seaports. The contracts total $792 million.ZawyaAlstom-led consortium signed €690mln to modernise Egypt’s strategic rail corridorsAlstom-led consortium signed €690m contracts with Egyptian National Railways to modernise two strategic corridors, including the 6th of October–Alexandria line. Alstom's share is about €300m, with the corridor project valued at €550m and the B10 line at €140m. The projects aim to improve safety, capacity, and reduce travel time by nearly 80 minutes.ZawyaElsewedy Electric's Rowad Modern Engineering joins Alstom consortium for Egypt rail projectsRowad Modern Engineering, a subsidiary of Elsewedy Electric, signed an agreement with Egyptian National Railways as part of an Alstom-led consortium to execute railway and logistics infrastructure projects. The EPC works cover three projects, including a 70-kilometer Cairo–Alexandria corridor link and a 96-kilometer Al-Ittihad–Al-Nahda corridor, supported by the World Bank and EBRD.ZawyaEgypt's RME joins Alstom consortium for Egypt rail infrastructure projectsEgypt's RME signed a strategic agreement with the Egyptian National Railways as part of an Alstom-led consortium to execute railway and logistics infrastructure projects. The consortium will carry out three projects aimed at strengthening freight railway corridors across the country.eyeofriyadh.comRowad Modern Engineering Completes Development of the Ministry of Culture’s Headquarters in DiriyahRowad Modern Engineering completed the Ministry of Culture's headquarters in Diriyah, achieving LEED Gold certification. The 36,000-square-meter project took under 10 months and involved about 2,400 professionals. It aligns with Saudi Vision 2030 and draws on traditional Najdi design.