Siemens supplies Four Turbines to Egypt’s Attaka Power Plant
German industrial group Siemens will supply four turbines to add more than 650 megawatts to the generation capacity…
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industry & trade
Egypt Summit to tackle Saudi Investors’ Woes
Officials at the Saudi-Egyptian Business Council have said Saudi investors face difficulties in Egypt which hinder…
Egypt sets Price for Shale Gas at $5.45 per Mmbtu -Official
Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45…
Suez Canal Expansion could see it dominate Economy – Minister
Egypt wants the Suez Canal project to eventually make up 30%–35% of its overall economy, according to Egyptian…
BP calls $12 bln Investment in Egypt Gas Fields a ‘Vote of Confidence’
British energy giant BP said Friday it would invest $12 billion (11 billion euros) in gas fields in Egypt together…
Egypt’s Steel Tycoon Ezz gives up Second License before Judges in Retrial
Egypt's Mubarak era steel tycoon, Ahmed Ezz, returned to the state a steel license acquired illegally in 2009 in…
Sawiris: Egypt’s Economy Needs US$60 bln to hit 5% Growth
Egyptian businessman Naguib Sawiris affirmed that Egypt’s economy needs US$ 60 billion investments in the short…
Qalaa Holdings hires Renaissance Capital to study Funding Options
Egypt’s Qalaa Holdings, African leader in infrastructure and industry, announced Tuesday it hired Renaissance…
Saudi Arabia accounts for 27% of Arab Investments in Egypt
Saudi Arabia is the largest Arab investor in Egypt with their investments reaching some $5.7 billion (SR21.3…
Egypt sees LNG deals with Shell and Total in new Bid round – Minister
Egypt expects to agree additional liquefied natural gas (LNG) import deals with Shell and Total, and is close to…