Egypt | Egypt Oil & Gas - Part 711

News / Egypt

Finance Minister to Meet AIIB Delegation

Egyptian Minister of Finance, Amr El Jarhi, will meet the Asian Infrastructure Investment Bank (AIIB)'s Chairman for Policies and Strategies, Uh Akim von Amsberg, and his accompanying delegation.

Global Companies to Submit Offers to Establish Gabal Al Zeit Wind Farm

11 international companies will be presenting offers for the $281m Gabal Al Zeit wind farm.

ABB to Establish $ 10m Power Transformer Plant

ABB is planning to establish a $10m power transformer factory.

Egypt Electricity Ministry to Contract with Siemens for Wind Farms Construction

Egypt's Ministry of Electricity promised to complete the contract with Siemens for the construction of wind farms with a capacity of 2,000 MW.

Egypt’s Government Finalized the Energy Strategy

The total investments needed by the sectors of electricity and Petroleum until 2022 amount to $75b.

IMF Supports Egypt’s Fuel Subsidies Removal

International Monetary Fund (IMF) backs Egypt's plans to remove fuel subsidies within three years and push inflation down to single digits.

Eight Companies Bid for Electricity Linkage with Saudi Arabia

The switch stations in Egypt and Saudi Arabia will be linked by land cables, in addition to a submarine cable of 500KV, which is to cross the Gulf of Aqaba at a length of 16km.

El Molla Met with GACIC’s Delegation

El Molla met with German-Arab Chamber of Industry and Commerce's delegation.

Roseneft Signs Cooperation Agreement with Eni

Russia's Roseneft signed an agreement with Eni to expand hydrocarbon cooperation.

SUMED Signs $300m Deal with NBK

Sumed Company and National Bank of Kuwait (NBK) signed a $300m agreement to finance part of a project to store petroleum products and natural gas in Ain Sukhna port.

Page 711 of 1043

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