Monday 20 November 2017
 
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Egypt

Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Egypt water project wins $42m Kuwait funding

The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5 million ($42.5 million) to fund a project that will provide drinking water in the Sinai Peninsula. The project is tar

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Sodic 9-month net profit up 98pc to $28m

Egypt-based Sodic (Sixth of October Development & Investment Company) has posted a net profit of EGP507 million ($28.7 million) up 98 per cent year-on-year (YoY) for the first nine months of the year. Net profit margin came in

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Egypt inks $2bn IMF loan agreement

Egypt government has reached a staff-level agreement with the International Monetary Fund (IMF) for an installment of about $2 billion more from a three-year, $12 billion loan programme to push through its ambitious economic reforms under the lo

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Engie consortium wins $400m Egypt renewables project

Leading French energy company Engie said it won a contract from the Egyptian government to develop a 250 MW wind farm in Rhas Gharib area on the Gulf of Suez together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings C

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Engie consortium wins $400m Egypt renewables project

Leading French energy company Engie said it won a contract from the Egyptian government to develop a 250 MW wind farm in Rhas Gharib area on the Gulf of Suez together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings C

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GE completes Egypt substation work

Global technology and engineering conglomerate GE said it has completed the construction of the  500/220 kilovolt (kV) Badr substation located in Cairo, Egypt, and also the work on connecting it to the national grid. The gas-

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GE completes Egypt substation work

Global technology and engineering conglomerate GE said it has completed the construction of the  500/220 kilovolt (kV) Badr substation located in Cairo, Egypt, and also the work on connecting it to the national grid. The gas-

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Egypt to ink nuclear plant deals by 2017-end

Egypt is likely to finalise contracts for its first nuclear power plant, which will have a 4,800-megawatt (MW) capacity, by the year-end, said a report. Egypt had signed an agreement with Russia two years ago for funding the const

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Egypt to ink nuclear plant deals by 2017-end

Egypt is likely to finalise contracts for its first nuclear power plant, which will have a 4,800-megawatt (MW) capacity, by the year-end, said a report. Egypt had signed an agreement with Russia two years ago for funding the const

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