Thursday 25 May 2017
 
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Egypt

Top firms eye Saudi-Egypt power grid link deal

Eight major players in the power sector have presented their technical bids for a power grid link between Saudi Arabia and Egypt, said a report. The list includes Saudi Arabia’s NCC, Korean group Hyundai, India’s Kalpataru P

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Top firms eye Saudi-Egypt power grid link deal

Eight major players in the power sector have presented their technical bids for a power grid link between Saudi Arabia and Egypt, said a report. The list includes Saudi Arabia’s NCC, Korean group Hyundai, India’s Kalpataru P

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Dana Gas gets $50m partial payment from Egypt

Dana Gas, the Middle East's largest regional natural gas company, said it has received an initial payment of $50 million from the Egyptian government as partial payment of its outstanding receivables.   This

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Alba supports Bahraini-Egyptian exhibition

Aluminium Bahrain (Alba), a leading international aluminium smelter based in Bahrain, said it is a key sponsor of the first Bahraini-Egyptian Exhibition, currently being held in the kingdom. The three-day event will run until May

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Sodic posts three-fold growth in Q1 profit, revenue

Sodic, one of the region’s leading real estate development companies, has started the year in a big way with triple digit growth in both revenues and profits for the first quarter which hit E£703 million ($46 million) and E£211

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China to invest $40bn in Egypt development projects

The Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative, said a report. The investment will be made through Silk Road Fund, co

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Al Abd to deliver 35 residential towers in Egypt next year

Egypt’s leading contracting company Al Abd aims to deliver some 35 residential buildings as a part of a social housing project in the Six of October City by November 2018, said a report. The total cost of the buildings is wo

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Total, Careem collaborate on road safety campaign in Egypt

Global energy group Total and Careem, a leading app-based car booking service in the region, have signed an agreement launching a joint road safety campaign in Egypt spanning multiple activations to raise awareness, contributing to safer roads.

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Total, Careem collaborate on road safety campaign in Egypt

Global energy group Total and Careem, a leading app-based car booking service in the region, have signed an agreement launching a joint road safety campaign in Egypt spanning multiple activations to raise awareness, contributing to safer roads.

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EFG Hermes unit buys 365 MW UK solar portfolio

EFG Hermes, a leading financial services corporation in the Middle East and and North Africa (Mena) region, has announced that Vortex, the European renewable energy platform managed by its private equity division, has reached an agreement with U

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