Banks Deutsche Bank, HSBC and KfW IPEX-Bank fix €3.5bn finance for Egypt power plants Yomna Yasser Apr 12, 2016 0 Deutsche Bank, HSBC and KfW's Ipex Bank have arranged €3.5 billion ($4 billion) in financing for state-owned…
Banks Emirates NBD signs $225mn loan for two Egyptian power projects Yomna Yasser Apr 11, 2016 0 Emirates NBD Egypt signed a 2 billion Egyptian pounds ($225.25 million) loan with state-run Egyptian Electricity…
Industry & Trade Siemens inks long-term service deal for existing power stations in Egypt Yomna Yasser Feb 9, 2016 0 German industrial giant Siemens has extended a long-term contract to provide service and maintenance, as well as…
Industry & Trade Egyptian Electricity Holding allocates $488m for distribution networks in 2016 Noha Gad Jan 7, 2016 0 Egyptian Electricity Holding Company dedicated 3.82 billion Egyptian pounds (US$487.9 million) to lay distribution…
Banks Egypt signs $600 million EIB power plant deal Yomna Yasser Dec 6, 2015 0 Egypt signed Sunday $600 million agreement with the European Investment Bank (EIB) for the 1,800 MW high-efficiency…
Banks Siemens signs financial closure agreement for Egyptian power projects Yomna Yasser Nov 22, 2015 0 Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Banks Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects Yomna Yasser Nov 21, 2015 0 Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
Banks EBRD loans $200 million for Egyptian power plant Yomna Yasser Nov 17, 2015 0 Egypt and the European Bank for Reconstruction and Development (EBRD) have signed Tuesday a US$200 million loan to…
Banks Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer Yomna Yasser Oct 18, 2015 0 State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Banks Finance ministry passes $378mn supporting loan to support power sector Noha Gad Oct 17, 2015 0 Minister of Finance Hani Qadri Demian approved granting a supporting loan worth 8 billion pounds (US$378 million)…