Energy Egypt boosts renewable energy with $800m projects Aya El Sayed Sep 12, 2024 0 Egypt signed new renewable energy projects agreements totalling over $800 million that involve the production of…
Featured Egypt approves 150 MW wind power expansion project Aya El Sayed Aug 14, 2024 0 The Egyptian Cabinet approved on Wednesday a proposal from the consortium of Engie, Toyota, and Orascom to expand…
Money Orascom Construction buys 6.51mln treasury shares Sama Mousa Jun 6, 2023 0 Orascom Construction bought 6.51 million treasury shares for $19.5 million, accounting for three dollars per share.
Tech/AI Orascom Investment restructures companies in Brazil, Netherlands Sama Mousa May 16, 2023 0 Orascom Investment board of directors has agreed on restructuring some of its companies in Brazil and the…
Money Orascom Development records 45.2% profit increase in 2022 Sama Mousa Mar 19, 2023 0 Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
Tech/AI Egypt’s monorail begins trial operation ahead of COP27 – ministry Nada Ali Oct 12, 2022 0 Egypt’s Ministry of Transport intends to start the trial operation for monorail trains from the maintenance…
Tech/AI Siemens Gamesa says commercial operations start at Egypt’s biggest wind farm Mahmoud Shaaban Dec 10, 2019 0 German-Spanish wind energy company Siemens Gamesa said on Tuesday that commercial operations had begun at Egypt’s…
Tech/AI German Siemens, Egypt’s Orascom sign deal to rebuild Iraq power plant Amwal Al Ghad English Sep 15, 2019 0 Siemens and Orascom Construction signed an agreement on Saturday with the Iraqi government to rebuild two power…
Featured Egypt’s Orascom Investment backs away from Nile Sugar acquisition Amwal Al Ghad English Jul 9, 2019 0 Orascom Investment Holding, owned by Egyptian billionaire Naguib Sawiris, said on Tuesday it will not pursue with…
Featured Egypt assigns construction works of a diplomats city in New Capital to two firms aya salah Mar 13, 2019 0 The construction works of the diplomatic city in the New Administrative Capital have been assigned to two major…