Industry & Trade Baker Hughes wins major subsea deal for Egypt’s giant zohr field Yomna Yasser Sep 9, 2017 0 General Electric’s Baker Hughes energy services firm announced Saturday it had won a major subsea contract from…
Tech news Former General Electric CEO Jeff Immelt close to becoming Uber’s CEO Yomna Yasser Aug 20, 2017 0 The long and dramatic process for naming a new Uber chief executive may be coming closer to an end. First reported…
Banks Egyptian Cabinet approves EBRD’s €100 million railway financing deal Yomna Yasser Aug 2, 2017 0 Egyptian Cabinet has approved Wednesday a three-year €100 million financing agreement signed with the European Bank…
Banks Egypt signs €290 mln deal with EBRD to purchase 100 locomotives Yomna Yasser Jun 19, 2017 0 Egypt and the European Bank for Reconstruction and Development (EBRD) signed Monday a €290 million ($324 million)…
Industry & Trade Egypt, General Electric ink $575 mln deal for 100 multi-use locomotives Yomna Yasser Jun 18, 2017 0 Egypt signed Saturday a $575 million agreement with General Electric Co for GE to provide 100 new multi-use…
Industry & Trade General Electric to sign Egypt railway system upgrade deal today Yomna Yasser Jun 17, 2017 0 Egypt and U.S. conglomerate corporation General Electric (GE) will sign Saturday an agreement for the modernisation…
Industry & Trade Siemens, GE eye building wind turbine factories in Suez Canal region Noha Gad Jan 23, 2017 0 Egyptian General Authority for Suez Canal Economic Zone- SCZone is in talks with conglomerate corporations Siemens…
Banks Egypt signs BNP Paribas-led $650 million loan for two power plants Yomna Yasser Dec 21, 2016 0 Egypt’s state-run Egyptian Electricity Holding Co. has signed Wednesday a $650 million loan agreement with BNP…
Industry & Trade Aramco, GE to launch Saudi Arabia’s first wind turbine next month Ghada Ismail Dec 19, 2016 0 Saudi Aramco plans to commission its wind turbine pilot project, the first in the kingdom, next month, the state…
Industry & Trade Egypt is a huge market with many opportunities for investment: GE Chairman Noha Gad Sep 20, 2016 0 General Electric (GE) is partnering with the Egyptian Electricity Transmission Company to connect 7 GW of power to…