Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
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El Sewedy Electric
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Siemens signs financial closure agreement for Egyptian power projects
Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects
Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
El Sewedy Electric records Q2 net profit of $68.63mn
Egyptian cable maker El Sewedy Electric lifted second-quarter net profit to 537.38 million Egyptian pounds…
Siemens, ElSewedy build Suez’s 650-MW Power Plant in Record Time
German industrial group Siemens and its local partner El-Sewedy Electric announced Thursday that they had built a…
El Sewedy Electric develop to 50MW solar PV Power Plant in Upper Egypt
Egyptian cable maker El Sewedy Electric announced today that it had signed an agreement to develop a 50 megawatt…
El Sewedy Electric wins €785 mln Portion of Siemens Power Plant Deal
Egyptian cable company El Sewedy Electric said on Thursday it had won a 785 million euro portion of a 2 billion…
Egyptian-Chinese Business Council Formed Today
Egyptian Minister of Industry and Trade Mounir Fakhry Abdel Nour issued a decree Monday stipulating the formation…
El Sewedy to Complete Gebel El-Zeit Wind Energy Project within 3 Years
Egypt’s El Sewedy Electric plans to finalise Gebel El Zeit project to build a network of 600-megawatt wind farms…
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