Saturday 18 November 2017
 
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Egypt

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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Egypt to finalise nuke power deals by year-end

Egypt expects to finalise contracts before the end of 2017 for its first nuclear power plant with 4,800 megawatt (MW) capacity, Egyptian Electricity Minister Mohamed Shaker was quoted as saying in a media report. Egypt signed an a

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New sales head at Four Seasons Sharm El Sheikh

Four Seasons Resort Sharm El Sheikh has appointed Hatem Abaza as the new director of sales and marketing. Flying from Cairo’s busy life to Sharm, the rare desert-and-sea resort, Abaza takes the leadership helm of the day-to-

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