Saturday 28 February 2015
 
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Egypt

Army eyes key role in Egypt infrastructure projects

Egypt's military could help build an industrial hub around a new Suez Canal, the project's manager said, the first suggestion that the armed forces may play an important role in the huge investment venture planned alongside the new water

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Egypt's cbank keeps benchmark interest rates unchanged

Egypt's central bank kept its benchmark interest rates unchanged on Thursday (February 26) as it balances the needs to manage high inflation with encouraging economic growth, the bank said in a statement. The bank's moneta

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Majid Al Futtaim to invest $2.35bn in Egypt

Majid Al Futtaim, a Dubai-based shopping mall, retail and leisure pioneer, is expanding its investments in Egypt, pumping EGP18 billion ($2.35 billion) in the market as part of an ongoing five-year plan. The investment plan includes new

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Bahrain firm offers $3.5bn solar investment in Egypt

Terra Sola, a Bahrain-based investor and developer of solar power projects in the Mena region, has proposed to invest $3.5 billion in Egypt in a project aiming to develop solar photovoltaic technology, a report said. Prime Ministe

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Bahrain firm offers $3.5bn solar investment in Egypt

Terra Sola, a Bahrain-based investor and developer of solar power projects in the Mena region, has proposed to invest $3.5 billion in Egypt in a project aiming to develop solar photovoltaic technology, a report said. Prime Ministe

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SkyPower in talks to build Egypt solar plant

SkyPower, one of the largest solar plant developers in the world, is in talks with Egyptian authorities to build a project that can generate 3000 MW of renewable energy within 5 years, said a report. The company officials also exp

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Egypt plans $4.6bn development projects in Sinai

Egyptian government has invested about E£35 billion ($ 4.6 billion) into a wide range of development projects in and around the Sinai region, said a report. The Central Agency for Construction – that works under Egypt&

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Egypt begins work on $6bn green energy projects

Egypt has commenced work on 25 new solar and wind power projects worth $6 billion, a report said. "The number of international alliances that won projects under the new feed-in tariffs with a total capacity amounting to 4GW a

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Egypt begins work on $6bn green energy projects

Egypt has commenced work on 25 new solar and wind power projects worth $6 billion, a report said. "The number of international alliances that won projects under the new feed-in tariffs with a total capacity amounting to 4GW a

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Abraj Misr to pump $587m into Egypt 'green' project

Egyptian real estate company Abraj Misr plans to invest E£4.5 billion ($587 million) for the development of The Gate, an eco-friendly project which will come up over a 35,000 sq m area in capital Cairo, said a report. The Ga

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