Egypt’s electricity signs renewable energy purchase agreement with Infinity Solar
Egypt’s Ministry of Electricity has signed Saturday an agreement with private sector firm Infinity Solar to…
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Energy
Russia is ‘stimulating’ US thinking on nuclear security issues: Energy…
U.S. Energy Secretary Ernest Moniz said on Thursday that Russia is forcing the United States to focus more intently…
Eni to start drilling 6th well in Egypt’s Zohr field with $4bn
Italian energy giant Eni is set to start drilling the sixth and last gas well in Egypt's Zohr field in the…
Qalaa’s revenues rose 11pct in Q2 of 2016
The total revenues of Egypt’s Qalaa Holdings, an African leader in energy and infrastructure, witnessed an increase…
Lafarge says to build waste recycling plant in Egypt
France’s Lafarge is planning to build a new waste recycling plant in Egypt, with investments worth around 150…
Maersk says to split into 2 units: energy and transport
Danish conglomerate A.P. Moeller-Maersk A/S announced on Thursday that it is splitting into two separate units to…
Wall St. little changed as biotechs offset energy drop
U.S. stocks were little changed on Monday as a drop in oil prices that weighed on the energy sector was offset with…
IFC current portfolio with Egypt nears $1.5 bln, in talks for more
The International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is…
Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments
The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt…
Al Baraka Bank earmarks $112.6 mln for energy, Suez Canal projects in 2016
Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, is planning to pump one billion Egyptian pounds…
