AL Baraka Bank Egypt plans $64mn for energy sector in 2016
Al Baraka Bank Egypt is planning to inject 500 million Egyptian pounds (US$63.8 million) as funds for energy sector…
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African Development Bank funds for Egypt’s energy sector hit $1.2bn
African Development Bank (ADB) has allocated finances estimated at US$1.2 billion to enhance Egyptian energy…
Renewable energy sector in Egypt eyes $1 bn investments
Egypt is set to attract direct foreign investments of $1 billion in the renewable energy sector during the current…
UK trade envoy to meet Egypt’s oil minister today
Jeffrey Donaldson, UK Prime Minister David Cameron’s trade envoy to Egypt, will meet Thursday Egyptian Minister of…
Renewable energy to participate by 20% in Egypt’s electricity system in 2022
The plans of Egyptian Electricity Ministry targets new and renewable energy projects to participate in state's…
EBRD’s investments in Egypt hit €1.7 billion: official
The European Bank for Reconstruction and Development (EBRD) has invested €1.7 billion (US$2 billion) in Egypt…
Egypt’s National Bank seals $700 million finance from China Development Bank
Egypt’s state bank giant, National Bank of Egypt (NBE) has signed Thursday a $700 million financial facility from…
South Valley Cement to complete coal shift scheme in mid-year
Egypt’s South Valley Cement is planning to complete its coal conversion plan by mid 2016, general manager Ahmed…
China, Japan markets rise as energy rebounds
Markets in China and Japan edged up Friday, capping a week of recovery for the region’s energy shares. The Shanghai…
Modi meets Putin in Russia with eye on defence deals
Russian President Vladimir Putin on Thursday hosted Indian Prime Minister Narendra Modi in a visit that could see…
