NBK bank lends EGP 10 bln to Egyptian Electricity Holding
The Egyptian Electricity Holding Company (EEHC) borrowed 10 billion Egyptian pounds from the National Bank of…
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EEHC
Eni planning 10-GW solar, wind projects in Egypt
Eni could carry out solar and wind power projects with a total capacity of 10 GW in Egypt in the coming years, Eni…
EEHC, El Sewedy Electric’s unit sign contract of 570 mln Egyptian pounds
Egypt's Electricity Holding Company (EEHC) has signed a contract worth 570 million Egyptian pounds ($32.1 million)…
Electricity Ministry wins a mandate for 250,000 smart metres
Egypt's Electricity Holding Company (EEHC) has contracted with five firms to supply 250,000 smart electricity…
EEHC Egypt targets 3 firms for Siemens power plants by end-2018
Egypt's Electricity Holding Company (EEHC) has decided to establish three new companies for the Siemens power…
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
ADIB Capital secures €40 million for Egypt’s Electricity Holding
ADIB Capital, the investment banking arm of the Abu Dhabi Islamic Bank (ADIB) Egypt, has secured €40 million ($43.8…
Siemens to add 1,200MW to national electricity grid at End-May
Siemens is set to add 1,200MW to the national electricity grid by the end of May from power plants in the New…
Opening tender in Egypt-Saudi Arabia electricity tie-up delayed to April
The state-run Egyptian Electricity Holding Company (EEHC) decided to postpone the opening of the financial and…
Egypt signs BNP Paribas-led $650 million loan for two power plants
Egypt’s state-run Egyptian Electricity Holding Co. has signed Wednesday a $650 million loan agreement with BNP…
Egypt delays insurance tender results of two power plants till year-end
The state-run Egyptian Electricity Holding Company (EEHC) will postpone selecting winners in its two insurance…
Handicrafts exports to hit $1bn in five years- Egypt’s Council
Egyptian Export Council for Handicrafts (EECH) plans boosting sector's exports to around US$1 billion over the…
Siemens inks long-term service deal for existing power stations in Egypt
German industrial giant Siemens has extended a long-term contract to provide service and maintenance, as well as…
Egypt signs $600 million EIB power plant deal
Egypt signed Sunday $600 million agreement with the European Investment Bank (EIB) for the 1,800 MW high-efficiency…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
Egyptian Electricity Holding eyes $525 million banking finances
State-run Egyptian Electricity Holding Company (EEHC) is requesting banks to secure a US$525-million financing. The…
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
Five banks have reached a final agreement on their shares in a US$521 million loan to support Egypt’s electricity…
Ten Banks announce New Term for Egypt Energy’s Multibillion Pound Loan
A consortium of ten banks is offering a multibillion Egyptian pounds of financing to the state-run Egyptian…
Misr Iran Bank allocates 100-million Pounds to support Egypt Electricity
Misr Iran Development Bank (MIDB) intends to inject 100 million Egyptian pounds in a 1.5 billion pound (US$196.6…
Banque Misr orchestrates New Banking Alliance for Egypt Electricity Sector
Banque Misr, Egypt’s second largest public sector bank, is leading a banking consortium to secure a US$500 million…
Bahrain Energy Firm Inks $3.5 billion Egypt Solar Project Deal
Bahrain-headquartered Terra Sola Ventures (Terra Sola) has signed a memorandum of understanding (MoU) with the…
Egypt Studies 1700-megwatt Power Project in Red Sea
In an attempt to grapple with growing energy shortage, Egypt’s current interim government is studying a project to…
EIB, Egypt Ink €205 mn Loan Deal to Finance El Shabab Power Plant
Egypt signed today a loan agreement worth € 205 million with the European Investment Bank (EIB), designated…
UEEPC Secures EGP285 mln Islamic Finance from Banque Misr
A Sharia-compliant loan agreement worth EGP 285 million between Banque Misr and the Upper Egypt Electricity…
NBE Mulls Bridge Loan of EGP 150 For EDEPC
The National Bank of Egypt (NBE) studies a proposal submitted by East Delta Electricity Production Company (EDEPC),…