News / Egypt

Bahrain to Increase Investments in Egypt

Egypt signed 11 Memoranda of Understanding (MoUs) with Bahrain during the Bahraini-Egyptian Business Forum marking a two-day visit of Bahrain’s King Hamad bin Issa al-Khalifa to Cairo in April.

Czech Firms Seeking to Deliver Components for Egypt’s Dabaa Plant

Czech firms offered Russia-based Rosatom State Atomic Energy Corporation (Rosatom) to provide components for Dabaa nuclear plant that Egypt is currently executing, Czech Trade and Industry Minister, Jan Mládek, said during the first meeting of the Egyptian Czech Joint Economic Committee.

GE Mulls $340m Investment in Egypt in 2016

General Electric (GE) plans to invest $340m in the Egyptian market this year, $200m of which will be directed to establish a multi-modal manufacturing and training facility in Suez, GE President and CEO for North East Africa, Ayman Khattab, said in an interview.

EGPC, Edison to Develop Abu Qir’s 2nd Phase

Egypt’s General Petroleum Corporation (EGPC) has inked a cooperation agreement with Italy’s Edison International to develop the second phase of the offshore Abu Qir gas field.

Energean Completes Survey in West Komombo Concession Area

Greece's oil producer, Energean Oil & Gas has completed a new 2D seismic s urvey over the West Baliana interior rift basin in the Northern region of the West Komombo-Block 3 concession area, onshore Egypt.

GE Claims $148m from Egypt’s Electricity Ministry

General Electric (GE) company asked the Egyptian Electricity Ministry to pay $148m in return for the overhauls and maintenance operations the company had carried out on production plants over the past six months.

Iran Ready for Petchem Exports to Egypt

Iran’s Petrochemical Employers Association has announced the country’s readiness to resume petrochemical exports to Egypt.

REC, Egypt’s Orascom Sign Solar Project Agreement

PV module manufacturer REC and a subsidiary of local telecoms company Orascom Telecom Media and Technology Holding (OTMT) have signed an agreement to work together on solar projects in Egypt.

Martifer Solar Allocated Land in Minya for 25MW Solar Plant

Martifer Solar and Egypt's National Renewable Energy Authority (NREA) have signed a Memorandum of Understanding (MoU) for availing a 60.26ha land plot in Minya to build a 25MW solar plant.

Masdar Completes 30MW Clean Energy Projects in Egypt

Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 MW clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt.

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