Reuters reported that Orascom Construction Industries, Egypt's biggest listed builder, has agreed to do EGP 800 million worth of work for Dubai based developer Emaar Properties.

Orascom said in a statement that the work will be for Emaar's Egyptian unit on its Marassi project, on Egypt's northern coast, and its residential Mivida project near Cairo. It expects to complete the works within 22 months.

(Sourced from www.reuters.com)