Orascom Construction, Arabtec Bid for Tahrir Project, Mal Says

Groups led by Orascom Construction Industries (OCIC) and Arabtec Holding Co. (ARTC) are competing with two others to build a hotel near central Cairo’s Tahrir Square, Al Mal reported today.

The winning team is expected to be announced in April, the Cairo-based newspaper said, citing Waleed Abdel Fatah, vice president of Hill International Middle East, a project management company.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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