Featured Egypt considers building solar power plant with Norway’s Scatec Nada Ali Jan 18, 2024 0 Egypt’s Minister of Manpower and Norwegian renewables firm Scatec are discussing ways of cooperation to build a…
Banks NBK bank lends EGP 10 bln to Egyptian Electricity Holding Nada Ali Aug 8, 2023 0 The Egyptian Electricity Holding Company (EEHC) borrowed 10 billion Egyptian pounds from the National Bank of…
Egypt News Egypt cabinet affirms no power cuts after mid-September Nada Ali Jul 30, 2023 0 The Egyptian Cabinet spokesperson Nader Saad announced Saturday that there will be no power outages after…
Egypt News China, Egypt to sign electricity deals during Chinese president’s Egypt visit Yomna Yasser Jan 19, 2016 0 Egyptian Ministry of Electricity is expected to sign six new agreements during Chinese President Xi Jinping’s…
Egypt News Egypt to sign €238mn Siemens power transformer deal today Yomna Yasser Dec 22, 2015 0 Egyptian Ministry of Electricity is to sign Tuesday a €238 million (US$260.7 million) contract with German…
Industry & Trade Saudi ACWA Power signs $220mn Egyptian Renewable Energy Concession Deals Yomna Yasser May 24, 2015 0 Saudi Arabia-based power and water project developer ACWA Power announced Sunday it signed concession contracts…
Egypt News After Power Cut knocks, Egypt State TV Channels resume Broadcasting Yomna Yasser May 9, 2015 0 Egyptian state television channels resumed broadcasting Saturday after what security officials said was a…
Industry & Trade Actis bids for Egypt’s US$450 million Gebel El-Zeit Wind Project Yomna Yasser Apr 20, 2015 0 Actis, a global pan-emerging markets private equity firm, is seeking to run and implement the Gebel El Zeit Wind…
Industry & Trade Sawiris signs $100 million Deal to build 50MW Solar Plant in Aswan Yomna Yasser Mar 15, 2015 0 Egypt’s conglomerate Orascom Group has singed Sunday a cooperation agreement with state-run New and Renewable…
Industry & Trade Siemens signs 4 Preliminary Deals with Egypt worth US$10 billion Yomna Yasser Mar 14, 2015 0 German industrial group Siemens has signed Saturday four memorandums of understanding with Egypt worth US$10…
Industry & Trade Orascom Construction: Businesses in Progress record US$5.6 billion Yomna Yasser Feb 21, 2015 0 Orascom Construction registers a volume of businesses under implementation worth US$5.6 million until September…
Banks Banque Du Caire pumps $80 million in ElSewedy Electric’s Loan Yomna Yasser Feb 19, 2015 0 Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a banking source…
Tech news Huawei Nears Solar Energy Deal with Egypt Yomna Yasser Dec 10, 2014 0 The leading global ICT solutions provider, Huawei nears signing a protocol on cooperation with the Egyptian…
Financial Institutions Egypt Tenders EGP1.7bn Insurance Policy for West Damietta Power Plant Project Yomna Yasser Nov 30, 2014 0 Insurers in Egypt are competing to win an insurance policy for the second phase of West Damietta Power Plant…
Industry & Trade Egypt Plans $1 bln Solar Power Plant – Minister Yomna Yasser Apr 26, 2014 0 Egypt plans to implement a major $one billion solar plant within the upcoming phase, Minister of Local and…
Industry & Trade KSA-Egypt Power Grid Project: Consulting Contract worth $1 mln Signed Today Yomna Yasser Jan 19, 2014 0 Egyptian Ministry of Electricity has signed on Sunday with one of the Canadian consultancy firms, a consulting…
Banks UEEPC Secures EGP285 mln Islamic Finance from Banque Misr Yomna Yasser Dec 23, 2013 0 A Sharia-compliant loan agreement worth EGP 285 million between Banque Misr and the Upper Egypt Electricity…
Banks Electricity, Banque Misr Ink Islamic Finance to Rehabilitate Boiler Unit in Egypt Yomna Yasser Dec 15, 2013 0 Egyptian Ministry of Electricity will be signing today an agreement with Banque Misr (BM) over obtaining a…
Industry & Trade Saudi-Egyptian Electricity Tie-up Project to Provide US$5 bln – Official Administrator Sep 8, 2013 0 The technical committee of the Saudi-Egyptian electricity tie-up will be convening its meeting in Cairo on days of…
Industry & Trade Egypt Signs Contract Worth US$1 Bln For Repairing Libya’s Electricity Network Administrator Sep 9, 2012 0 The Libyan crisis committee signed a deal worth US$1 billion with Egyptian companies to extend power lines to…