Banks Egypt’s National Bank seals $700 million finance from China Development Bank Yomna Yasser Jan 21, 2016 0 Egypt’s state bank giant, National Bank of Egypt (NBE) has signed Thursday a $700 million financial facility from…
Egypt News Egypt to ask China for multi-billion pounds in electricity upgrade loans Amwal Al Ghad English Jan 17, 2016 0 Egypt is planning to ask for a Chinese loan worth between 7-8 billion Egyptian pounds to finance upgrades to its…
Industry & Trade Egypt’s Cabinet approves Chinese coal-fired power plant proposals aya salah Jan 7, 2016 0 Egypt's Cabinet approved two conditional deals with Chinese companies to build coal-fired power plants with a…
MENA News Saudi to boost petrol prices by more than 50% aya salah Dec 29, 2015 0 Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it…
Industry & Trade Egypt adds 6,882 MW to national power grid in 2015 aya salah Dec 28, 2015 0 Egyptian electricity and renewable energy ministry has added 6,882 MW to state's power grid in 2015 with total cost…
Egypt News Egypt will add up to 3 GW of power, to end power shortages: minister aya salah Dec 7, 2015 0 Egypt expects to add 2,500-3,000 megawatts of electricity generation capacity in the coming year, going some way…
Egypt News China president calls to accelerate cooperation with Egypt Yomna Yasser Dec 5, 2015 0 Chinese President Xi Jinping called Friday for accelerating cooperation in production capacity and security with…
Industry & Trade Egypt inaugurates largest wind power plant in MENA, Africa Noha Gad Nov 29, 2015 0 Egyptian Electricity and Renewable Energy Ministry inaugurated Sunday the largest wind power plant in Middle East…
Egypt News Egypt expects to start power output from 1st nuclear reactor by 2024 – PM Yomna Yasser Nov 28, 2015 0 Egypt is due to start producing power from its first of four nuclear reactors by 2024, the country's Prime Minister…
Egypt News Russia inks deal to build Egypt’s 1st nuclear power plant Yomna Yasser Nov 19, 2015 0 Cairo and Moscow signed an agreement Thursday under which Russia will build a nuclear power plant in Egypt,…