News / Egypt
Siemens to Add 1600MW to Egypt’s Power Grid
Germany's Siemens will add 1600MW to Egypt's national power grid during December through linking the production of four units in Beni Suef and Burullus power plants.
El Molla Paid Condolences
The Egyptian Minister of Petroleum, Tarek El Molla offers his condolences on the passing of El Rasolan Botros and Poles Church - El Botroseya's victims
Global, Local Banks to Fund FiT with $3b
30 international and local banks are interested to get in talks with renewable energy projects in order to finance phase II of the Feed-in-Tariff (FiT) projects with $3b.
Egypt, China Signed $2.6b Currency Swap Deal
Egypt and China signed a currency swap deal for $2.6b. This enables Egypt to increase foreign reserves after the EGP devaluation.
OTMT-Lafarge Holcim Resumed Waste-to-Energy Study
OTMT-Lafarge Holcim consortium decided to complete the feasibility studies on a project that aims to produce waste-to-energy with investments of EGP 300m for the first phase.
Shell Appointed New Country Chair in Egypt
Royal Dutch Shell has appointed Eng. Gasser Hanter as the new Vice President Upstream, Country Chair and Managing Director for Shell Companies in Egypt.
EPS to Report Transformer Stations Status
The Egyptian Electricity Transmission Company (EETC) contracted with EPS Electric Power Systems Company to write reports on the construction status of four transformer stations.
5m Egyptians Applied for Fuel Smart Cards
The number of Egyptian citizens who applied for fuel smart cards reached 5m out of the 6.5m subsidy-beneficiaries estimated by the Egyptian Traffic Authority.
