Featured UK inflation hits 41-year high at 11.1% Nada Ali Nov 17, 2022 0 Britain's inflation jumped by 11.1 percent that records 41-year high in October exceeding expectations as food,…
Banks EBRD raises its stake in Egypt’s Infinity to $101 million Nada Ali Nov 16, 2022 0 The European Bank for Reconstruction and Development (EBRD) revealed on Wednesday that it has increased its stake…
Banks EBRD lends $80mn for Egypt’s first green hydrogen facility Nada Ali Nov 16, 2022 0 The European Bank for Reconstruction and Development (EBRD) has announced on Tuesday an $80 million loan for Egypt…
Featured EU, Egypt sign bilateral MoU on strategic partnership for renewable hydrogen Nada Ali Nov 16, 2022 0 The European Union (EU) and Egypt signed on Wednesday a bilateral MoU on a strategic partnership in renewable…
Egypt News India’s ReNew Power signs framework agreement to build $8bn green hydrogen plant in Egypt Nada Ali Nov 16, 2022 0 India’s largest renewable energy firm ReNew Power has signed on Tuesday the framework agreement with the Egyptian…
Tech/AI Egypt signs $83 billion agreements in renewable energy sector Nada Ali Nov 16, 2022 0 The Sovereign Fund of Egypt (TSFE) has signed on Tuesday a number of agreements and cooperation protocols with nine…
Tech/AI Germany to nationalise Russian Gazprom’s assets to secure its energy needs Nada Ali Nov 15, 2022 0 Germany has declared on Monday that it will nationalise a former subsidiary of the Russian energy giant Gazprom,…
News Egypt’s El Sewedy Electric nine-month profit records EGP3.2 bln Nada Ali Nov 15, 2022 0 Egypt’s El Sewedy Electric revealed on Tuesday its profits rose to 3.2 billion Egyptian pounds ($130,8 million)…
News South Korea’s Doosan Enerbility signs $1.2bn Egypt nuclear plant contract Nada Ali Nov 14, 2022 0 South Korean company Doosan Energbility said on Thursday that it had signed a $1.2 billion contract with the Korea…
Tech news Telecom Egypt records 32% revenue increase in Q3 Nada Ali Nov 14, 2022 0 State-run Telecom Egypt (TE) has recorded a 32 percent year-on-year increase in revenue in the third quarter to…